U.K. industrial production
Active Day for Markets In Spite of Holidays
November 11, 2019
Equity markets are open despite today’s observance of Veterans Day in the United States, Remembrance Day in Canada and Armistice Day in France, which observes the 101st anniversary of the end of World War I. Investors are reacting to some meaningful data and other developments. Street protests in Hong Kong turned more violent, sending the […] More
Civilization Under Strain
October 10, 2017
Catalan is the latest place to see tribal forces running amuck. The separatist leader Carles Puigdemont appears poised to declare complete or perhaps qualified independence from Spain, setting the stage for more violence with Spanish police. The IBEX has declined 0.9%. The dollar is on its heels following holidays Monday in The U.S., Japan, Canada […] More
Investors Less Anxious
July 7, 2016
Investor around the world have grown more accustomed to the prospect of the U.K. leaving the EU. Share prices in the Pacific Rim rose 1.2% in Hong Kong, 1.1% in South Korea and 0.8% in Taiwan but slipped 0.7% in Japan. In Europe, stocks have risen by 1.4% in Britain, 1.3% in France, 1.1% in […] More
Dollar Drifts Downward along with the Snow
December 10, 2013
Much of the U.S. is blanketed with the white stuff, including the Northeast which is experiencing wintry weather for a second straight day. The dollar fell overnight by 0.3% against the yen, 0.2% versus the New Zealand and Australian dollars and 0.1% relative to the euro, Swiss franc, loonie and sterling. The Chinese yuan was […] More
Continuing Market Upheaval
August 9, 2011
Investors continue to wait in vain for governments and central banks to take action and stop the turbulence. The FOMC meets today and will release a statement at 16:15 GMT amid speculation that QE3 will be undertaken, but no press conference is scheduled. The ECB was again buying peripheral bonds today, and Spanish and Italian […] More
