Japanese GDP
Dollar Strengthens Amid Bad Vibes from Ceasefire Talks and Tense U.S. Politics
May 19, 2026
In there deepening impasse, the U.S. and Iranian negotiators have seemingly moved further away from any willingness to compromise their demands. Trump claims to have postponed a planned obliteration of Iran to give peace one last chance, but Iranian negotiators treated his revelation as a bluff. Trump, too, seems to be holding fewer cards, as […] More
Trump Speaks and Markets Follow
March 10, 2026
In these weeks of incredible geopolitical uncertainty, U.S. President Trump’s verbal sound track has emerged as the the dominant short-term determinant of financial market movements. One can only imagine the massive personal wealth that could be amassed from such powerful influence. With fierce Middle East bombing broadening and all signs from Iran suggesting no intention […] More
Important Chinese, Japanese and U.S. Data Out… Next Up: Putin & Trump Talks in Alaska
August 15, 2025
The dollar fell overnight by 0.6% against the euro and peso, 0.5% versus the yen, and 0.3% relative to the Swiss franc and sterling. Ten-year sovereign debt yields climbed eight basis points in France and Italy, seven bps in France and Spain, six bps in Germany but just two bps in Japan and a single […] More
Where’s the Bottom?
March 11, 2025
Stock market action today has featured some tepid bottom-fishing after Monday’s debacle. In pre-open futures, the DOW, SPX and Nasdaq each bounced 0.3% higher. In Europe, the British Ftse and German Dax are up 0.2% so far, but French and Italian equities are just flat. Japan’s Nikkei closed 0.6%, while markets in Singapore, Taiwan and […] More
Time to Buckle Up
November 15, 2024
Trump supporters and opponents agree on little, but one exception is they both accept that his leadership style creates a bumpy news feed that can prove exhausting. Just over a week since the election, and the president-elect has made several controversial appointments that point to multiple fights against the Fed, China, and scientists for starters. […] More
Continuing Worry about China’s Economy and an Equivocal Remark from the President of the N.Y. Federal Reserve
September 8, 2023
Equities fell on Friday by 1.3% in Hong Kong, 1.2% in Japan, 0.8% in New Zealand, 0.4% in Indonesia, and 0.2% in China. Japanese GDP growth between the first and second quarters was revised downward from 6.0% at an annualized rate to 4.8%. Compared to 2Q 2022, however, GDP rose just 1.6%, little better than […] More
Several Significant Developments for Investors to Process
August 15, 2023
Chinese July data have deepened concerns about the world’s second largest economy. Weaker-than-anticipated on-year growth in China’s retail sales of 2.5% was down from 8.2% in the first half of 2023. Industrial production growth of 3.7% year-on-year also undershot expectations. The unemployment rate edged up to a 4-month high of 5.3%, and fixed asset investment […] More
Japanese and Euroland GDP Reported… Also Monetary Policy Decisions in India and Serbia
June 8, 2023
The dollar slipped further overnight, losing 0.5% against the Australian dollar, 0.4% versus the kiwi, 0.3% relative to the yen and euro, and 0.2% against the Swiss franc and sterling. One currency that fell against the dollar was the Turkish lira, which dropped 0.4% additionally. With both the European Central Bank and possibly the Federal […] More
Investors More Hopeful Than Yesterday about Debt Ceiling Talks
May 17, 2023
The dollar rose overnight by 0.8% against the Mexican peso, 0.6% versus the Japanese yen and Swiss franc, and 0.4% relative to the euro. The Japanese Nikkei closed up 0.8%, but share prices in Hong Kong, Singapore, South Korea, India and Australia closed lower. Continental European equities are slightly higher, and so are the DOW […] More
Concern about European Economic Outlook Mounting
September 8, 2022
The record 75 basis point increase in European Central Bank interest rates failed to lift the euro, which continues to trade below dollar parity. Europe’s economy is more exposed than others to Russia’s invasion of Ukraine. Britain’s new prime minister, Liz Truss, has imposed an emergency freeze on gas and electricity rates. The weighted dollar […] More
