U.K. trade balance

Beijing Promises Stimulus for Smaller Firms, and Investors Await Fed Chairman Powell’s Humphrey Hawkins Testimony

February 11, 2020

A pledge by China’s government to counteract any drag on growth from the coronavirus outbreak with fiscal support aimed at small and midsized companies boosted share prices in the Pacific Rim by 1.3% in Hong Kong and New Zealand, 1.0% in South Korea, 0.8% in Taiwan, 0.6% in India and 0.4% in Singapore and China. […] More

Yen Soars as Kiwi and Aussie Dollars Sink

June 7, 2013

The grand-daddy of all U.S. data releases, the Labor Department jobs report, is due today at 12:30 GMT. The U.S. dollar plunged 1.8% against the yen while advancing by 1.2% and 1.0% against the Australian and New Zealand dollars.  The yen hit overnight highs of 95.28 per dollar and 126.27 per euro.  Japanese Finance Minister […] More

Some Hope Returns to the Market

July 10, 2012

News that the Eurogroup of Ezone officials announced plans for faster loans to Spanish banks pushed 10-year Spanish sovereign debt yields back to 6.90% from 7.07%.  China’s trade surplus surpassed expectations in June.  At $31.7 billion, such was easily the largest surplus of 1H12.  There was a $68.8 billion surplus in the second quarter after […] More