South Korea GDP
Worries about China’s Economy Weigh on Equities but Support Dollar
April 25, 2023
Multiple concerns continue to percolate about China’s economic outlook such as insufficient growth in the labor force, Xi’s policy shift toward security at the expense of growth, trade tensions with the U.S., excessive debt, and an imbalanced domestic property sector. Share prices fell Tuesday by 1.7% in Hong Kong, 1.6% in Taiwan, 1.4% in South […] More
Tough Day for the Euro
July 26, 2022
The dollar strengthened 0.8% overnight against the euro and also rose by 0.5% versus the kiwi and sterling as well as 0.2% relative to the Australian dollar, peso, Turkish lira, and Canadian dollar. The Swiss franc only dipped 0.1% against the dollar, and the yen held unchanged. Today’s forex market action reflects concerns about Europe […] More
