Turkey CPI and PPI
February Manufacturing Purchasing Manager Surveys, Tariff Deadlines and Geopolitical Fallout from Friday’s White House Debacle
March 3, 2025
(202) Financial markets have seen some big moves this first business day of March. The dollar has dropped 0.9% against the euro and sterling and has also lost 0.4% against the Mexican peso and Australian dollar and by 0.2% relative to the Swiss franc, Canadian dollar, Korean won, and New Zealand dollar. The weighted DXY […] More
Kerplunk Kerplooie
January 3, 2024
Financial markets roared through the yearend holidays until the clock struck midnight on New Years Eve but have hit a rough patch in the early going of 2024. There is a seasonal element to this reversal, but it appears also grounded in second thoughts about continuing disinflation and how much monetary easing can realistically be […] More
OPEC Surprise and Release of March Manufacturing Purchasing Manager Surveys
April 3, 2023
The price of West Texas Intermediate oil shot up 6.0% on this first business day of the second quarter following an unexpected decision by OPEC Plus to cut production quotas. This inflationary development arrives amid signs from manufacturing purchasing manager surveys and direct price data suggesting that inflationary pressure may be receding. In the euro […] More
New Woes for Crypto… Service Sector Purchasing Manager Surveys Beat Expectations
March 3, 2023
The price of Bitcoin tokens plunged around 5% overnight. The dollar has declined 0.4% against the Swiss franc and yen, 0.3% versus sterling and the Australian dollar, but just 0.1% relative to the euro. It’s been an up day by and large for equities, with gains of 1.6% in Japan, 1.5% in India, 0.7% in […] More
