Japan GDP
U.S. and Japanese GDP Growth Profiles Compared
August 12, 2013
Between the first and second quarters of 2013, real GDP expanded at annual rates of 1.7% in the United States and 2.6% in Japan. This was the third consecutive quarter of positive Japanese growth following last year’s recession. Over those three quarters, Japanese annualized growth of 1.8% also surpassed U.S. growth since 3Q12 of 0.7%. […] More
Continuing Retreat of Swiss Franc
August 15, 2011
A press report that the Swiss National Bank is seeking permission from the government for it to impose a CHF/EUR ceiling generated further depreciation in the franc, which at overnight lows of 0.8000 per dollar and 1.1460 per euro was 11.7% and 12.1% below last Tuesday’s highs. Share prices in Asia and Europe overnight were […] More
Stronger Asian Stocks and Softer Euro to Start the Week
February 14, 2011
The euro and kiwi are down against the dollar by 0.7% and 0.6%. Other major dollar pairs have changed no more than 0.1% since Friday’s close. Equities rose 3.2% in China, 2.7% in India, 1.9% in South Korea, 1.3% in the Philippines and Hong Kong, 1.8% in Thailand, and 1.1% in Japan and Australia. The […] More
Continuing Worries About Euro Area Sovereign Debt
November 15, 2010
The dollar has recovered another 0.5% against the euro and yen, 0.4% versus the Swiss franc and sterling, 0.2% against the kiwi and Canadian dollar, and 0.1% against the Chinese yuan. The Aussie dollar bucked this trend with a 0.1% uptick against the greenback. Stocks were mixed in the Pacific Rim. Equities climbed 1.1% in […] More