presidential debate
Trade Showdown and Many Data Releases
June 28, 2019
The Group of Twenty annual summit kicked off in Osaka and looms as a crossroads in the U.S.-Sino dispute over trade. Either the conflict gets diffused here, or retaliatory tariffs are likely to escalate sharply. Being the last business day of the second quarter and June, today’s data menu was plentiful. The dollar eased overnight […] More
More PMI Reports and a Monster Australian Trade Deficit
October 3, 2012
The dollar has gained 0.5% against the kiwi and 0.3% versus the Australian dollar. Other dollar pairs are pretty stable. The greenback is unchanged against the euro and yuan, up 0.2% relative to the loonie, and 0.1% firmer against the yen, Swissie and sterling. Japan’s Nikkei fell 0.5%, and Chinese markets remained closed in continuing […] More