U.S. CPI and retail sales
U.S. CPI and Retail Sales Undershoot Expectations, Bringing Relief to Investors
May 15, 2024
Investors are hoping that the Fed eases sooner than now feared, and more importantly that the next interest rate change isn’t a further hike. Softer inflation and lessening consumer demand are thus seen as a good thing, and today brought modest support for each of those desires. Consumer prices in April increased by 0.3%, the […] More
Significant Data Reports
February 14, 2018
Japanese real GDP expanded only 0.5% at a seasonally adjusted annualized rate last quarter, the weakest pace in eight quarters and down from 2.2% in 3Q and 2.5% in 2Q17. GDP still grew faster (1.6%) in 2017 than the prior year’s pace of 0.9%. The GDP price deflator went up merely 0.2% in 2017 and […] More
Dollar and Stocks Continue to Slide
November 15, 2017
Dollar losses overnight amounted to 0.7% against the yen, 0.5% versus the euro, 0.4% vis-a-vis the Swiss franc and kiwi, 0.3% relative to the yuan, 0.2% against the peso and 0.1% versus sterling. The yen touched a 4-week high, and the euro moved back above its January 1999 starting level. Ten-year sovereign debt yields are […] More
