Trump and Kim

Soft Data and Event Risk

February 27, 2019

It’s been a mixed morning for the dollar, which is unchanged against the yen and euro, 0.4% firmer against the Australian and New Zealand currencies, but down 0.5% versus sterling, 0.3% relative to the yuan and loonie, 0.2% vis-a-vis the Swiss franc, and 0.1% against the peso. WTI oil advanced 2.1%, while the price of […] More

Broad Commitment to a Process Signed by Trump and Kim but Lacking Many Details

June 12, 2018

There’s been little market reaction to the Trump-Kim talks in Singapore. The dollar is up 0.2% versus the yen and loonie, unchanged against the yuan and Aussie dollar, and down 0.1% vis-a-vis the euro, Swiss franc, kiwi, and sterling. Equities advanced 0.9% in China, 0.6% in India and Hong Kong, and 0.4% in Japan. Stocks […] More