Japanese GDP and current account

Dollar Firms Modestly Against Backdrop of Concern over Outlook for Equities

September 8, 2021

It’s normal at any time to encounter predictions of an imminent drop in equities, and the prevalence of Casandrian warnings has increased lately. The Covid pandemic keeps chugging along and preventing a full return of economic activity to the promised land and monetary policies to a semblance of normalcy. In the United States, new cases […] More

A Many-Sided Investor Gloom

September 8, 2020

The U.S. Labor Day holiday pause didn’t restore stability to tech stocks, which continue to look overpriced and are set to fall sharply again this Tuesday. Talks between the EU and British government over a post-Brexit trade deal and between U.S. Republicans and Democrats over a fiscal stimulus package remain totally stalled, and it looks […] More

Several Data Releases but Little Market Movement

December 9, 2019

Markets are mostly marking time ahead of numerous central bank meetings this week and Britain’s momentous election on Thursday. The dollar is trading very near its closing levels last Friday. The price of gold is 0.2% firmer. That  of WTI oil  is 0.5% softer. Stock markets closed 0.3% higher in Japan, South Korea and Australia […] More

Dollar Up and Some Eye-Catching Data Results

March 8, 2017

The dollar is trading higher, with gains of 0.6% against the Aussie currency, 0.5% relative to the yen, 0.4% versus the kiwi, 0.3% vis-a-vis the euro, loonie, peso and sterling, 0.2% against the Swiss franc, and 0.1% versus the yuan. The ten-year Treasury yield rose another four basis points. At 2.56%, such is 25 basis […] More

ECB Fails to Ease.. Several Japanese and Chinese Indicators Reported

September 8, 2016

The dollar fell overnight by 0.6% against the Australian dollar, 0.5% relative to the euro, 0.3% versus the Swissie, and 0.1% vis-a-vis the yen, loonie and sterling. The yuan is steady. Share prices around the Pacific Rim fell 0.7% in New Zealand and Australia and 0.3% in Japan but rose 0.6% in Hong Kong. In […] More

Soft Japanese and Chinese Economic Statistics

March 10, 2014

Soft Japanese and Chinese data sent stocks lower in the Pacific Rim, but European markets have strengthened. U.S. clocks were put an hour ahead, shortening the time difference between EDT and GMT to four hours but lengthening the differential between Tokyo and New York to 14 hours. The situation in Crimea remains very tense. China […] More