Japanese consumer sentiment
Waiting Game Except in Gold’s Case
April 9, 2024
Tuesday’s been another wait-and-see day, with little fresh data to provide direction and being just ahead of tomorrow’s release of U.S. consumer price figures and minutes from the last FOMC U.S. monetary policy meeting. The dollar’s a touch softer, declining overnight by 0.5% against the Australian currency, 0.4% versus the Swiss franc, 0.3% relative to […] More
Some weak European and Japanese Data
August 29, 2018
French GDP growth slowed to a 0.2% per quarter rate in the first half of 2018 from 0.7% per quarter in the second half of 2017. In the second quarter alone, personal consumption contracted for the first time since the summer of 2016. Imports advanced five times faster than exports, and net foreign demand exerted […] More
Swoon of Stocks Continues Amid More Released Data and Ahead of Round 2 of the Powell Testimony
March 1, 2018
The newly minted Fed Chairman Jerome Powell will reprise his congressional Humphrey-Hawkins testimony at 10:00 EST, this time before the Senate Banking Committee. In the past two sessions since he testified before the House Financial Services Committee, the S&P and DOW dropped by 2.2% and 2.6%. Stocks overnight slumped 1.6% in Japan, 0.7% in Australia, […] More
