Sino-U.S. trade tensions

Weaker Dollar as Trade Tensions Intensify

July 6, 2018

The dollar is down today by 0.6% against the euro and kiwi, 0.5% relative to sterling and the Australian dollar, 0.4% versus the Swiss franc, 0.3% against the loonie, and 0.2% versus the yen. The Chinese yuan edged down 0.1%. Yesterday’s FOMC minutes were pretty much a non-event. Today’s monthly U.S. jobs data for June […] More

Even Ominous Reductions of Uncertainty Bring Market Relief

June 1, 2018

Share prices in Europe have rallied 2.6% in Italy, 2.0% in Greece, 1.8% in Spain, 1.4% in Switzerland, 1.2% in France, 0.9% in Germany, and 0.7% in Great Britain. A higher stock market open is indicated in the United States. Overnight results in the Pacific Rim were mixed, with stocks rising 0.7% in South Korea […] More

Some Price Data and a Discouraging Remark from China

May 18, 2018

The dollar firmed overnight by 0.3% against sterling, 0.2% versus the yuan, yen and euro, and 0.1% relative to the loonie. The greenback fell 0.5% against the kiwi and 0.1% vis-a-vis the Swiss franc and is unchanged relative to the Australian dollar and peso. Share prices in the Pacific Rim climbed 1.2% in China, 0.6% […] More