U.K. CPI
Better Tone in Stocks
June 13, 2017
Australian stocks rallied 1.7%, led by financials. A rebound in technology has lifted other stock markets. China and Hong Kong bourses closed up 0.4%. South Korea’s Kospi climbed 0.7%. Indonesian and Singapore markets rose 0.3%. The German Dax, Paris Cac and British Ftse are up 0.5%, 0.4% and 0.1%. Japan’s Nikkei lost 0.1%, however, and […] More
Strengthening Pound and Gold, Weakening Dollar and Stocks
January 17, 2017
British Prime Minister Theresa May delivered a speech on Brexit that Rejects any residual partial association with the European Union, Prioritizes total control over immigration above special rights to the single market, Informs that an all-out arrangement for the U.K. would leave it in position to negotiate trade separate trade deals with all countries. Hopes […] More
Several Developments Including a New Brexit Poll
May 17, 2016
According to a new British opinion poll that surveyed about 800 people by phone, the margin of people favoring continuing membership in the European Union versus leaving that group has doubled to about 15 percentage points with 55% want to stay and 40% now in support of leaving. Sterling is 0.6% firmer against the dollar […] More
U.K. Inflation Jumps Anew
May 17, 2011
The dollar recovered 1.2% overnight against the yen and 0.3% against the Swissy but is down by 0.3% against the pound and euro, 0.2% versus the Canadian dollar, and 0.1% relative to the Australian and New Zealand dollars. The yuan is unchanged. Stocks were steadier than they’ve been recently, climbing 0.7% in Australia, 0.5% in […] More
