North Korea
Dollar Strengthens
September 26, 2017
The dollar rose overnight by 0.8% against the kiwi, 0.6% versus the Aussie dollar, 0.5% vis-a-vis the Swiss franc, 0.4% relative to the euro and 0.3% versus the yen, loonie and sterling. Stocks in the Pacific Rim dropped 0.8% in Taiwan, 0.5% in Indonesia, 0.3% in Japan and South Korea, and 0.2% in Australia but […] More
Risk Off Investor Mood
August 10, 2017
Gold has inched closer to $1,300 per ounce, climbing 1.0% overnight to $1,292.60 per ounce. The dollar fell another 0.6% against the yen, touching an 8-week low against that currency. The dollar also dropped 0.4% relative to the yuan but booked marginal gains versus the euro, Swissy, loonie, and Aussie dollars. A bigger advance was […] More
Awaiting North American Jobs and Trade Data
April 5, 2013
Most stocks are weaker. The dollar is little changed, and there’s been a big rise in Japanese long-term bond yields. The dollar eased 0.3% against the yen and has edged up 0.1% relative to the euro, Swissie, sterling, and Canadian, Australian, and New Zealand dollars. The yuan is unchanged. Worries about a hostile North Korea […] More
Dollar and Sterling Lower
December 29, 2010
As end-2010 approaches, the dollar fell overnight by another 0.9% against the yen, 0.6% against the kiwi, 0.4% versus the Australian dollar and 0.1% relative to the Canadian dollar. There was no further change against the Swiss franc or euro and a gain of 0.8% relative to sterling. Over the past week since December 22, […] More
All Quiet Except in Korea
December 23, 2010
The dollar has lost 0.7% against the yen and 0.5% versus the Australian and New Zealand dollars but is otherwise very steady with no change against the euro, yuan, and Canadian dollar, a 0.1% uptick against the Swiss franc and a 0.1% downtick versus sterling. Japanese markets were closed to commemorate the Emperor’s birthday. North […] More
Stocks Up on Lessening Korean Tensions
December 21, 2010
Solid stock price advances have occurred in the Pacific Rim and Europe. Gains amounted to 2.2% in China, 1.9% in Indonesia, 1.5% in Japan, 0.9% in India, 0.8% in South Korea and Australia, 0.7% in Thailand and Taiwan and 0.6% in New Zealand and so far in France and Germany. The British Ftse is trading […] More
Markets Rattled by Two Persistent Risks: Korea and Ezone Debt
November 26, 2010
The dollar advanced sharply against the euro and commodity-sensitive currencies, with gains of 1.9% against the Australian dollar, 1.6% versus the kiwi, 1.4% relative to the Canadian dollar and 1.2% against the euro. Other dollar rises overnight were much milder: 0.5% against sterling, 0.3% against the yen, 0.2% vis-a-vis the Swiss franc and no change […] More
Spike in Risk Aversion Lifts Dollar
November 23, 2010
North and South Korea exchanged artillery shells on the disputed island of Yeonpyeong with casualties reported. Stocks in the Pacific Basin slumped in response by 2.7% in Hong Kong, 2.0% in China and Singapore, 1.7% in Indonesia, 1.3% in India, 1.2% in New Zealand and Australia, 1.0% in Malaysia and 0.8% in South Korea. Japanese […] More
