Japanese retail sales and industrial output

Softer Dollar

December 28, 2017

The dollar is mostly softer. Stocks show little net movement. Ten-year sovereign debt yields have risen, and gold is firmer. Japanese industrial production grew 0.6% on month and 3.7% on year in November, prompting the first upgraded assessment in 13 months to “picking up” from “signs of picking up.” Japanese retail sales leaped 1.9% in […] More

Lots of Monthend Data and a Likely U.S. Government Shutdown Tomorrow

September 30, 2013

Stocks were whacked overnight in Asia and Europe on prospects for a shutdown of the U.S. federal government.  Share prices plunged 3.0% in the Philippines, 2.4% in Indonesia, 2.1% in Japan, 1.8% in India, 1.7% in Australia, 1.5% in Hong Kong, 1.3% in Singapore, and 1.0% in New Zealand.  Losses thus far in Europe amount […] More