Japanese PMI

Wait-and-See Mode

October 24, 2017

With much yet to be learned, investors seem to be of the view that on this day of a thin data release calendar that it’s best to wait and see Whom Trump picks to be the next Fed Chair. The details of ECB quantitative stimulus going forward into 2018 Whether the Catalonia crisis ends peacefully […] More

July’s Flash Japanese and Euro Area PMI Readings Below June Scores

July 24, 2017

The dollar began the new week trading up 0.2% against the euro and peso and edging 0.1% higher vrsus the Swissy and kiwi, but the greenback also depreciated 0.5% relative to the Australian dollar and 0.2% against the yuan, yen, loonie and sterling. U.S. stocks opened slightly lower. The Nikkei lost 0.6%. So did Australia’s […] More

Markets React Uneasily to Yesterday’s Remarks by Fed Chair Janet Yellen

May 7, 2015

The big uncertainty for some time has been whether markets and economies could handle a rising trend in the federal funds rate and whether inability to do so might deter Fed officials from getting the policy stance to where it wants.  The gist of Yellen’s remarks on Wednesday is that there is no alternative to […] More

Many Good Friday Closures but U.S. Jobs Report Still Getting Released Today

April 3, 2015

Currency market conditions have been pretty quiet despite a tentative nuclear accord between Iran and a 6-nation U.S.-led coalition, plus today’s coming release of the March Labor Department jobs, unemployment, and wage figures.  The dollar is unchanged against the euro, yen, and sterling.  It has eased 0.1% versus the loonie and Swissie, 0.2% relative to […] More