U.S. Covid cases

Awaiting Powell Confirmation Hearing and a Disturbing Covid Data Point

January 11, 2022

There’s been no significant developments on the economic data front today. Investors are looking ahead to tomorrow’s data menu featuring U.S. consumer prices, Chinese CPI and PPI, Euroland industrial production and the Japanese current account and economy watchers index. The market’s immediate focus now is on Fed Chairman Powell’s confirmation hearings today before the Senate […] More

Equities and Dollar Steady but Pandemic Not Going Away

August 10, 2021

Covid trends keep worsening. U.S. daily cases hovering at 125k, and hospitalization and death rates are rising too. Global deaths closing in on 4-1/3 million, and a number of countries including China have tightened restrictions against social activities. Overnight dollar changes were mostly confined to a range of plus or minus 0.2%. Share prices Tuesday […] More

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