Spanish PPI
Many Markets Remain Closed, Korean Won & Turkish Lira Falter
December 26, 2024
Holiday closures continued Thursday in most of Europe, Canada, Australia, New Zealand, Indonesia, South Africa, and other parts of Africa. The dollar strengthened 0.5% against the South Korean won and 0.3% versus the Turkish lira. South Korean President Han Duck-Soo faces impeachment, and the Central Bank of Turkey’s one-week repo rate was slashed by a […] More
Marking Time Monday
February 26, 2024
Today has been another Monday, with scant news to act upon and investors looking ahead to events later in the week with market-moving potential. The dollar has settled back 0.2% on a weighted basis, dipping 0.3% against the euro, 0.2% versus sterling and 0.1% relative to the Canadian currency but edging 0.1% higher against the […] More
Macron Wins with 58.6% of the Vote but Recessionary Fears Extend Equity Losses Around the World
April 25, 2022
Although less than the 66.1% to 33.9% margin of victory in 2017, French President Macron was reelected, beating Le Pen by a greater margin than expected. His margin this time was still comfortable at 17.2% — 58.6% to 41.1%. Had Le Pen’s far-right National Rally captured the government, the unity of NATO against Russian aggression […] More
A Risk Averse Tuesday
June 25, 2019
Persistent concerns about U.S. relations with Iran and China are weighing on stocks and lifting the price of gold. Another worry is the greater perceived likelihood of a non-negotiated Brexit. Share prices in Asia fell 1.2% in Hong Kong, 0.9% in China, 0.7% in Taiwan and 0.4% in Japan. Stocks in Europe have declined so […] More
