Japanese consumer prices
Market Catches Breath After Volatile Thursday
September 26, 2014
Overnight dollar movements amount to no net change against the euro, Swissie, sterling and kiwi, a gain of 0.3% versus the yen and 0.1% against the yuan and a dip of 0.1% relative to the Canadian and Australian dollars. Share prices in Europe rebounded 0.7% in France and Italy and 0.5% in Spain. Stocks are […] More
In Search of Market Clarity
September 27, 2013
No single market theme stands out. Quarter-end is fast approaching. Another U.S. fiscal showdown looms. Overnight data have been mixed. Esther George, K.C. Federal Reserve President, criticized the FOMC’s backtrack on tapering; she favored a cut to $70 billion in monthly asset purchases. Japanese Finance Minister Aso did some backtracking of his own, indicating the […] More
Bold Talk from Europe about Averting Grexit
May 25, 2012
It’s amazing that European politicians would retain any credibility with the markets. Nonetheless, the euro and German Dax are firmer following comments from Italian Prime Minister that most EU members support joint euro bonds and that he believes that a way will be found to keep Greece in the EU. There were reports overnight, too, […] More
