Japanese housing starts and construction orders

All Markets Back Open but Still in Yearend Mode

December 27, 2018

Today is the oasis between Christmas and New Year market closures. There are but a few data releases and no meaningful central bank policy reviews to report. Whereas some stocks in the Pacific Rim rebounded, those markets in Europe and U.S. futures are down. To wit, equities climbed 3.9% in Japan, 1.9% in Australia, 1.7% […] More

Scant Data and News as Yearend Draws Closer

December 27, 2017

The euro rose slightly against the dollar and yen. Oil settled back but remains above $59.00 per barrel. Gold is littloe changed, and 10-year U.S., German and British sovereign debt yields are marginally lower. In contrast to the lower Richmond Fed manufacturing index in December, the Dallas Fed manufacturing index jumped 10.3 points to a […] More