Jay Powell
Dollar Down, Stocks Mixed Ahead of Powell’s Speech at Jackson Hole
August 24, 2018
The dollar posted overnight declines of 0.7% against the Aussie currency, 0.5% relative to the Chines yuan, 0.4% against the kiwi, 0.3% vis-a-vis the euro and sterling, 0.2% versus the Mexican peso and Swiss franc and 0.1% relative to the loonie. Share prices in the Pacific Rim rose 0.9% in Japan, 0.5% in South Korea, […] More
Dollar Eases a Tad In Spite of Divergent Reported Data
July 16, 2018
The dollar declined 0.6% against the peso, 0.4% versus the Swiss franc, 0.2% relative to the euro, kiwi, loonie and sterling, and 0.1% vis-a-vis the yuan and Australian dollar. With Japanese markets closed for Marine Day, the dollar remained unchanged against the yen. Stocks in the Pacific Rim declined 0.9% in Singapore, 0.7% in Indonesia, […] More
Softer Bond and Stock Values Ahead of Powell Testimony
February 27, 2018
Monday saw a big U.S. stock market rally, but equities overnight fell in contrast by 1.1% in China, 1.3% in Hong Kong, 0.3% in India, 0.2% in Taiwan and 0.1% in South Korea. In Europe, stocks so far have declined 1.0% in Greece, 0.5% in Switzerland, and 0.3% in Germany. A notable exception to the […] More
