Data Deluge on First Day of Third Quarter

July 1, 2011

The dollar edged up 0.1% against the euro and is trading below 1.45/EUR after touching an overnight low of $1.4553.  The euro’s high in June was $1.4696. Greece has averted a default for now with the positive austerity votes of Wednesday and Thursday.  The Swiss franc has dropped 0.6% against the dollar and 0.5% against […] More

Equities Continued Their Retreat as New Week Begins

May 16, 2011

Stocks are down 1.4% in Germany and France and by 0.8% in Britain.  They fell 1.4% in Hong Kong, 1.3% in Australia, 1.1% in Taiwan, 1.0% in India, 0.9% in Japan, China and Indonesia, and 0.8% in South Korea. Oil prices dropped 1.8% to $97.88 per barrel, while gold is trading 0.2% softer and below […] More