Spanish consumer prices
2024 Winding Down With No Major News or Data to Disturb the Occasion
December 30, 2024
The dollar slipped overnight by 0.3% against the euro and Canadian dollar and by 0.2% relative to the Japanese yen and pound sterling. Ten-year sovereign debt yields have dropped three basis points in the United States, two basis points in Japan and Italy, and a basis point in Germany, Great Britain, France and Spain. Bitcoin […] More
Brexit Exerting Intensifying Toll on Sterling
July 29, 2019
The pound fell 1.0% overnight against the dollar and euro. In British domestic trading, the FTSE-100 has jumped 2.0%, while the 10-year gilt yield dropped five basis points. The case of sterling exemplifies the fact that so long as global inflation remains subdued, currency depreciation is more desirable economically and politically than currency appreciation. Against […] More
