Swiss PPI
Markets Respond Favorably to News of U.S.-Iranian Deal Despite Interim Nature and Unaddressed Issues
June 15, 2026
(135) The reported truce, which is to be signed Friday in Switzeraland, primarily addresses the mutually imposed impediments to shipping traffic through the Strait of Hormuz. Typically, President Trump has made assertions that Iran has not confirmed such as the water passageway remaining toll-free. The deal defers agreement on the whole justification for the U.S.-initiated […] More
Risk Aversion in Spite of Gaza Ceasefire and Trump’s “It Will All Be fine” Comment on Trade Tensions
October 14, 2025
Equity markets and long-term sovereign debt yields faltered anew this Tuesday. China is lifting port fees against U.S. imports and accusing Trump of reigniting trade tensions between the two countries. In the middle east conflict, hostages and prisoners have been returned, but ensuing steps to cement a permanent peace in the region are being met […] More
Fears Lessen about Oil Supply Fallout from Israeli-Iranian Military Conflict
June 16, 2025
(187) Israeli missile attacks so far have stayed clear of major Iranian oil production installations. Having soared earlier overnight to as high as $77.4 per barrel, the price of West Texas Intermediate crude settled back to $72.07 for a net decline so far of 1.3%. The G7 Summit in Alberta, Canada is underway and so […] More
Temporary Reciprocal Tariff Pause on Tech Lifts Equities But Dollar Continues to Weaken
April 14, 2025
(196) The dollar fell overnight by 0.9% against sterling, 0.8% versus the Mexican peso and New Zealand’s currency, 0.6% relative to the Aussie dollar, 0.2% vis-a-vis the loonie, and 0.3% against the Japanese yen and euro. Intra-day lows of 1.1424 per euro and JPN 142.2 constituted the dollar’s lowest value in 39 and 6 months, […] More
Sour Investor Mood Ahead of U.S. PPI Release
March 13, 2025
U.S. equities got only a dead-cat bounce from Wednesday’s slightly better-than-expected consumer price data and are back showing red ahead of producer price figures due shortly. With his assortment of U.S. policy about-faces, President Trump has acquired a Grinch-like aura in the world financial community. At this writing, The dollar is down 0.2% against the […] More
Dollar Kicks Off Week on a Positive Note
October 14, 2024
The weighted DXY dollar index rose 0.3% overnight to a nine-week high, with gains of 0.6% against the Swiss franc, kiwi and Aussie dollar, 0.4% relative to the Japanese yen, 0.3% versus the Chinese yuan and 0.2% vis-a-vis the euro, loonie, and sterling. Holidays today: Japan was closed for Health-Sports Day, and Canadians will be […] More
Failed Assassination Fallout, Soft Chinese Data, and Awaited Comments from Fed Chairman Powell
July 15, 2024
Expectations that Donald Trump will win November’s election got a large additional boost from Saturday’s unsuccessful assassination attempt. The immediate repercussions in world financial markets include A 3.0% jump in the crypto currencies and a modest 0.1% strengthening of the dollar from safe haven-seeking capital flows. A steepening of the U.S. yield curve, reflecting the […] More
Central Bank Decisions and Price Data
June 13, 2024
The FOMC‘s June interest rate decision, updated forecasts, and press conference yesterday left an impression that was not quite as hawkish as feared. The likelihood of three rate cuts that had been signaled as recently as March is now remote, but the possibility of one cut before yearend is still clearly in play, and even […] More
U.S. CPI Figures about to Be Released
November 14, 2023
Analysts expect to learn of a further dip in U.S. inflation last month shortly. While waiting for confirmation, financial markets around the world marked time overnight. Dollar changes against other major currencies were held to plus or minus 0.2%. U.S. stock futures are likewise steady. Share prices in the Pacific Rim closed up 0.3% in […] More
Several Significant Developments for Investors to Process
August 15, 2023
Chinese July data have deepened concerns about the world’s second largest economy. Weaker-than-anticipated on-year growth in China’s retail sales of 2.5% was down from 8.2% in the first half of 2023. Industrial production growth of 3.7% year-on-year also undershot expectations. The unemployment rate edged up to a 4-month high of 5.3%, and fixed asset investment […] More