Japanese industrial production and retail sales

Final Day of May

May 31, 2022

U.S. share prices seem headed for a drop on this final day of May. The Nikkei closed down 0.3%, and the German Dax has fallen 0.9%. The dollar, however, has risen 0.3% on a a weighted basis, and a 9-basis point increase in the U.S. Treasury yield out-distances gains of five and three basis points […] More

With Lunar New Year Under Way, Volatility Persists in Equities and Inflation Worries Remain Uppermost

January 31, 2022

On this last day of January, the Chinese Year of the Tiger has trading shut in China, Hong Kong, Taiwan, and South Korea. The Japanese Nikkei took its cue from the strong U.S. stock market performance on Friday, but that rally looks short-lived with DOW and S&P futures down about a half percent and the […] More

End of Third Quarter 2021

September 30, 2021

The DXY weighted dollar dipped 0.1% overnight but experienced a quarterly advance of around 2.5%. In the Pacific Rim, share prices on the final trading day of the quarter rose 1.9% in Australia, 1.4% in New Zealand, 2.0% in Indonesia, and 0.9% in China but fell by 0.4% in Hong Kong and 0.3% in Japan. […] More

Dollar Up 0.2% Against Euro, yen and Weighted index on Final Business Day of July

July 30, 2021

The U.S. currency also climbed overnight by 0.3% against sterling and 0.1% relative to the Swiss franc. However, equities have dropped, especially in Japan (-1.8%), Hong Kong (-1.4%), New Zealand (-1.2%), Spain and Taiwan (each down 0.9%), but also in Indonesia (-0.8%), the U.S. (Nasdaq -0.6% and S&P 500 down 0.4%), the U.K. (-0.5%) and […] More

February Ends with a Snag in the U.S. Fiscal Package, Plenty of Price and GDP Data, and President Biden’s First Military Action

February 26, 2021

World financial are exiting February in a highly volatile conditions. Share prices tumbled today by 5.0% in Taiwan, 4.0% in Japan, 3.8% in India, 3.6% in Hong Kong, 2.8% in South Korea, 2.4% in Australia, and 2.1% in China. Equity markets in Europe are down 1.5% in the U.K., 0.9% in France and Italy, and […] More

A Wide Mix of Data Reports on August’s Final Day

August 31, 2020

The dollar strengthened 0.5% against the yen, 0.3% versus the peso, and 0.2% relative to sterling but fell 0.3% against the euro and yuan, 0.2% vis-a-vis the loonie and Swiss franc, and 0.1% against the Australian dollar. British markets are shut for the late summer bank holiday. Share prices elsewhere advanced 1.1% in Japan but […] More

ECB Monetary Policy Review and Some Atrocious Economic Data

April 30, 2020

At a scheduled meeting of the European Central Bank Governing Council, officials left key interest rate unchanged (a 0.0% refinancing rate flanked by a -0.5% deposit rate and a 0.25% marginal lending rate). Quantitative stimulus (asset purchases) was not enhanced beyond last month’s parameters. Terms were relaxed on some lending operations, and a new series […] More

Share Prices Firm but Dollar Softer

December 27, 2019

The dollar recorded overnight declines of 0.6% against sterling, 0.5% versus the Australian dollar and Swiss franc, 0.4% relative to the euro and kiwi, 0.3% against the loonie and 0.1% versus the yen and peso. Most stock markets firmed. In Japan and China whose markets remained open all week, by contrast, share prices fell 0.4% […] More

Typical Monthend Deluge of Data

September 30, 2019

On this final day of September and the third quarter, the dollar and sterling rose somewhat against other major currencies. The dollar is up 0.5% against the Swiss franc, 0.4% relative to the euro and kiwi, 0.3% vis-a-vis the yuan, 0.2% versus the Australian dollar and peso and 0.1% against the yen and loonie. Sterling […] More

Monthend Data But Little Market Change Ahead of Tonight’s Speech by President Trump

February 28, 2017

The dollar is unchanged against the euro, yuan and peso, down 0.4% against the yen, but up 0.4% relative to the Swiss franc. The greenback edged up 0.2% versus the loonie and sterling and 0.1% vis-a-vis the Australian dollar. Stocks in the Pacific Rim closed up 0.4% in China, 0.3% in South Korea and 0.1% […] More

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