Japanese retail sales and industrial output
Monthend, Quarterend, and a Flood of Rain and Data Reported
September 29, 2023
The 10-year U.S. Treasury yield was at 4.55% just prior to 08:30 EDT, down from Thursday’s intra-day and 194-month high of 4.68%. This respite was aided by some remarks from Fed officials suggesting that coming rate moves have not been decided yet. German, French, Spanish and Italian 10-year sovereign debt yields are 7-8 basis points […] More
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
