Japanese industrial production and unemployment
Dollar Up and Equities Down After Weak European GDP Data
April 30, 2021
The dollar advanced overnight by 0.8% against the Turkish lira, 0.3% relative to the Mexican peso and kiwi, 0.2% versus the euro, Aussie dollar and weighted dollar index, and 0.1% vis-a-vis sterling. The dollar also slipped 0.2% against the Canadian dollar and 0.1% versus the Japanese yen. Relationships against the Chinese yuan and Swiss franc […] More
Trade Showdown and Many Data Releases
June 28, 2019
The Group of Twenty annual summit kicked off in Osaka and looms as a crossroads in the U.S.-Sino dispute over trade. Either the conflict gets diffused here, or retaliatory tariffs are likely to escalate sharply. Being the last business day of the second quarter and June, today’s data menu was plentiful. The dollar eased overnight […] More
First Quarter Ends with a Holiday and Released Japanese Data
March 30, 2018
Numerous markets around the world are closed for Good Friday/Easter, and many of these will not open again until Tuesday. The Jewish celebration of Passover begins tonight as well. The Japanese Nikkei ended the quarter with a 1.4% advance but still lost 5.8% for the quarter. Share price gains in China, South Korea, Taiwan, Thailand […] More
Monday Night Massacre, Lots of Released Data, and a BOJ Meeting
January 31, 2017
President Trump sacked Acting Attorney General Sally Yates late last night, who had refused to enforce his selective immigration ban, and replaced her with Dana Boente. The firing stirred recollections of Nixon firing of Eliot Richardson and Bill Ruckelshaus when they wouldn’t fire Watergate Special Prosecutor Archibald Cox in October 1973. In other U.S. political […] More
