Japan machinery orders
Rise in Dollar and Share Prices
October 12, 2020
The People’s Bank of China over the weekend slashed reserve requirements on foreign exchange deposits to zero percent in a move to counter recent strength in the yuan, which gained 0.8% overnight. The move also buoyed China’s stock market by 2.6%. Other dollar gains overnight amount to 0.7% versus the Mexican peso, 0.4% relative to […] More
Equities Continued Their Retreat as New Week Begins
May 16, 2011
Stocks are down 1.4% in Germany and France and by 0.8% in Britain. They fell 1.4% in Hong Kong, 1.3% in Australia, 1.1% in Taiwan, 1.0% in India, 0.9% in Japan, China and Indonesia, and 0.8% in South Korea. Oil prices dropped 1.8% to $97.88 per barrel, while gold is trading 0.2% softer and below […] More