Japanese unemployment
More Evidence That European Growth Is Slowing
October 30, 2018
The first reported estimate of third-quarter GDP growth in the euro area was a lower-than-forecast 0.2% quarter-on-quarter uptick, which is only half as much as the pace in the first two quarters of this year. On-year growth slowed to 1.7% from 2.2% in the second quarter and 2.8% in the summer quarter of 2017. Italian […] More
Japanese and U.S. Data Dominate Tuesday News
December 27, 2016
Core Japanese consumer price inflation remained at -0.4% in November, but Tokyo’s core rate of deflation was -0.6% in December, a new extreme for 2016. Energy price deflation is lessening, but overall price data are not responding commensurately. The Japanese jobless rate edged up 0.1 percentage point to 3.1% in November. Employment grew 1.1% on […] More
Nervous Market Undertone
October 28, 2016
With the fast-approaching monthend, the usual heavy flow of data releases is being digested. Investors are in a guarded mood with just over a week left before the U.S. election. The Fed is widely expected to raise interest rates soon. The BOJ, meeting Monday and Tuesday is not expected to modify its stance. The first […] More
Approaching Monthend Brings Heavier Flow of Economic Data
August 30, 2016
The dollar remains firm on the anticipation of a federal funds rate hike in September, contingent of course upon a decent U.S. monthly jobs report due this Friday. Fed Vice Chair Stanley Fisher elaborated further on previous hawkish remarks, noting that the labor market is nearing full employment conditions. The dollar is 0.4% stronger against […] More
Manufacturing PMIs, U.S. Presidential Primaries, and the Start of a New Month
March 1, 2016
Today is Super Tuesday in America, with primaries in Texas, Virginia, Alabama, Arkansas, Georgia, Oklahoma, Tennessee, Massachusetts, Minnesota and Vermont for both Democrats and Republicans and also Colorado for the Democrats and Alaska for Republicans. A slew of February manufacturing purchasing managers surveys were released already. In 22 reporting countries, conditions worsened, i.e. growth slowed […] More
U.S. Jobs Day and More PMI Reports
May 2, 2014
Ahead of the U.S. Labor Department monthly report in which analysts look for a 6.6% jobless rate with about 220K more jobs created, the dollar is marking time. The greenback is unchanged against the euro, Swissie, loonie and yuan, up 0.2% versus the yen, Australian dollar and sterling, and 0.1% firmer vis-a-vis the kiwi. Share […] More
Fresh Data Supports Euro Uptrend
February 1, 2013
The euro touched fresh highs of $1.3676 and JPY 126.19, while the yen sank to 92.31 per dollar. Lots of data released: manufacturing PMIs, Ezone CPI and unemployment, Japanese labor statistics and household spending, and Australian quarterly consumer prices. Still to come: U.S. Labor Department jobs report. manufacturing PMI, and U. Michigan/Reuters consumer sentiment index. […] More
Investors Brace for End-Month Flood of Information
July 31, 2012
Dollar movement overnight was limited to gains of 0.1% against the yen and sterling and losses of 0.3% versus the yuan, 0.2% against the euro, kiwi and Australian dollar, and 0.1% relative to the Swiss franc. The loonie is unchanged against its U.S. counterpart. Share prices advanced 2.1% in South Korea, 1.6% in Taiwan, 1.1% […] More
Sanguine Market tone Amid Data Deluge
November 29, 2011
Stocks and commodities are mostly higher, and the dollar has given back more ground. Italian sovereign debt auctions fetched much higher yields but were mostly subscribed. EU finance ministers meet today in Brussels ahead of the semi-annual leaders summit on December 9. One piece of key unfinished business concerns the details over how to enlarge […] More
Lower Share Prices
March 29, 2011
Stocks are down 0.8% in Germany, 0.6% in France, and 0.3% in Britain. Earlier, equity markets lost 1.0% in China, 0.3% in Indonesia, and 0.2% in Japan but climbed 0.9% in India, 0.8% in South Korea and 0.5% in Australia. The dollar rose 0.3% against the yen and Swiss franc, a sign of greater risk […] More
