Japanese industrial production and retail sales
Day After Christmas Remains Subdued
December 26, 2025
The Christmas holiday has been extended in many countries, including most of Europe, Canada, Australia, New Zealand, South Africa, Hong Kong and Indonesia. Japan was open both Thursday and Friday. Although President Trump has authorized that today will be a federal holiday this year, most banks plan to be open, and the U.S. stock exchange […] More
Witching Hour
October 31, 2025
Halloween 2025 finds the dollar in treat mode, with overnight gains of 0.4% against the kiwi, 0.3% versus sterling, 0.2% relative to the loonie, Aussie dollar and Swiss franc and 0.1% against the euro. While many stock markets are closing the week on a down note, U.S. stock futures an hour before the opening bell […] More
Slew of Data Released on Final Day of August
August 31, 2023
U.S. personal income and consumption expenditure growth in July defied expectations in opposite ways. Personal spending climbed 0.8% on month (0.6% adjusted for inflation), while income growth slowed to 0.2%. Downtrends in total and core U.S. inflation according to the PCE price deflator partly reversed with the former increased 0.3 percentage points to 3.3% and […] More
Post-Xmas Market Activity Uneventful
December 28, 2022
In overnight trading, the dollar is unchanged against the euro, down 0.1% vis-a-vis the Canadian dollar, and up 0.1% against the Japanese yen. Larger moves occurred against the Australian dollar (down 0.9%), sterling (down 0.5%). U.S. equity futures are up 0.2-0.3%. Share prices in the Pacific Rim fell 2.6% in Taiwan, 2.2% in South Korea, […] More
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
