Japanese index of leading economic indicators
Share Prices Strengthened on China Trade Concession and Favorable Corporate News
November 25, 2019
It’s been a risk-on start to this holiday-shortened week. Share prices rose 1.5% in Hong Kong, 1.3% in India, 1.0% in South Korea, 0.8% in Japan and 0.7% in China. European markets so far show gains of 0.4-0.6% in Germany, France, Italy, Spain and Switzeraland as well as a 0.8% jump in the British Ftse. […] More
Fear of a U.S.-Sino Trade War and Fear of a U.S.-Iran Real War Send Shivers to Investors
May 13, 2019
U.S. President Trump was particularly provocative over the weekend even by his own standards. Trade talks stalled with China, and he’s threatening a further escalation if China retaliates against the higher U.S. tariffs imposed last Friday. Tighter U.S. economic sanctions against Iran and a reinforced show of military force in the middle east threaten to […] More
Dollar Down Broadly after Mixed U.S. Election Result
November 7, 2018
The dollar traded down overnight by 1.7% against the kiwi, 1.0% versus the Australian dollar, 0.7% relative to the euro and Swiss franc, 0.5% vis-a-vis the peso and sterling, 0.4% against the loonie, 0.3% versus the yen and 0.1% against the yuan. Share prices fell in Asia but have risen in Europe. Market losses totaled […] More
In Suspense Ahead of Tariff Announcements
September 7, 2018
President Trump is expected to announce a huge ramp-up in tariffs next week, especially on imports of Chinese goods, and China will no to retaliate in kind. Some pundits worry this escalating trade war will hammer U.S. equities, depress U.S. growth, lift U.S. inflation, and further incentivize the FOMC to raise interest rates. Stocks in […] More
Weaker Dollar This Monday
February 26, 2018
The U.S. and Canadian dollars fell overnight by 0.5% against the yuan, kiwi, and sterling, 0.3% relative to the euro and Australian dollar, 0.2% versus the Swiss franc and 0.1% vis-a-vis the yen. The dollar also lost ground against several emerging market currencies. It’s 0.8% softer, for instance, against the Russian ruble. February 26th happens […] More
Dollar, Stocks and Bond Yields Mostly Lower
November 8, 2017
The dollar declined overnight by 0.5% against the yen, Aussie dollar and kiwi, 0.4% relative to the peso and loonie, 0.2% versus the yuan and 0.1% relative to the Swiss franc. The dollar’s unchanged against the euro and 0.4% stronger against sterling, which continues to be depressed by the fractious state of British politics and […] More
Time Out for the Holidays
December 26, 2016
The dollar is unchanged against the euro and Swiss franc, up 0.2% relative to the yen and 0.1% vis-a-vis the yuan and Mexican peso but down 0.5% against the kiwi, 0.3% versus the Aussie dollar and 0.2% against the loonie. Share prices rose 0.4% in China, reversing an initial sharper slide, but fell 0.2% in […] More
Many Markets Remain Closed
April 6, 2015
The Easter Monday holiday is being observed in a wide range of countries: Great Britain, Canada, Australia, Germany, France, Italy, Spain, Portugal, Poland, Hungary, the Czech Republic, Switzerland, Norway, The Netherlands, Belgium, Norway, Hong Kong, and Thailand. China is celebrating the Ching Ming Festival. Because of the holiday, very few economic indicators will be released. […] More
Post-Jobs Report Drop in Equities Extended in Europe
April 7, 2014
On an otherwise light day, share prices have fallen 1.2% in Frankfurt, Germany, 0.9% in Zurich, 0.7% in Paris and London and 0.5% in Milan and Madrid. In the Pacific Rim, Japan’s Nikkei slumped 1.7%, and stocks dropped by 0.9% in New Zealand, 0.6% in Singapore and Hong Kong but advanced 0.8% in the Philippines. […] More
U.S. Debt Talks Still Stalemated
October 7, 2013
Odds of a U.S. debt default are seemingly rising as the Tea Party wing of the House Republicans and the Democratically-controlled White House and Senate remain unflinching in their refusal to budge on the debt talks. The government seems sure to stay partially shut through at least October 17. Share prices weakened around the world […] More
