U.S. new home sales
Christmas Eve All Silent
December 24, 2013
Europe is now closed for the Christmas break, and trading desks in North America will shut early. Overnight movements in the dollar were minimal. The greenback firmed 0.3% against the Swiss franc, 0.2% relative to the euro, and 0.1% against the yen and commodity-sensitive Canadian, Australian and New Zealand dollars. Sterling edged 0.1% higher against […] More
Data Surprises – Both Good and Bad
July 24, 2013
Euroland preliminary PMI results were better than hoped. The composite Ezone PMI of 50.4 broke above the 50 no change threshold to an 18-month high. Manufacturing at 50.1 was at a 24-month peak, while services at 49.6 was at an 18-month high and reinforced a picture that the recession seems to be bottoming. Germany’s 52.8 […] More
