U.S. PPI
Financial Markets Give President Trump a Vote of No Confidence
February 27, 2026
The week of President Trump’s State of the Union Address is ending with steep losses in U.S. equities, a drop of the 10-year Treasury yield below 4.0%, a big rise in the prices of oil, gold and silver, weaker crypto, and a flat dollar. Investors are reacting to today’s unexpectedly sharp rise of U.S. producer […] More
Price and Industrial Production Data for Many Economies, Big ECB Announcement Tomorrow, and So Much More
September 10, 2025
French President Macron wasted little time appointing his next Prime Minister, Sebastien Lecornu and by picking someone whose policy preferences align with his signals a continuing stress on budget cuts and pro-business legislation. Street riots continue in Nepal, and that country’s prime minister resigns. U.S. President Trump suggested he might slap tariffs as high as […] More
Calm Markets in Face of Approaching Tariff Witching Hour
July 16, 2025
The dollar dipped 0.1% overnight against the yen, euro, sterling and Australian dollar but edged 0.1% versus the Swiss franc, kiwi and Turkish lira. The Canadian dollar is flat, while the Korean won lost 0.3%. 10-year sovereign debt yields slid a basis point in Germany, France and Italy, rose a basis point in Japan and […] More
Another Strong Performance for Crypto and the Dollar
November 14, 2024
Prior to today’s release of U.S. October producer price figures, the weighted DXY dollar index had advanced another 0.3% to a two-year high. There were gains of 0.3% relative to the Swiss franc, sterling and yen and by 0.2% relative to the euro, kiwi and Australian dollars. The dollar got as firm as JPY 156.24 […] More
U.S. PPI and ECB Rate Announcement Fail To Clarify Confusion about Future Inflation and Central Bank Interest Rates
April 11, 2024
Central bankers have consistently sent a message that disinflation will be a bumpy process and that monetary policy normalization will hinge on growing confidence that inflation targets will be fully resecured. In other words, time and evolving information will dictate what is done. It is not apparent if inflation will meet these parameters without a […] More
Marking Time Ahead of U.S. Producer Price Release
February 16, 2024
The dollar is unchanged from Thursday closing levels against the euro, sterling, yuan, peso and Canadian dollar. The greenback has dipped 0.1% versus the Australian and New Zealand dollars but edged up 0.1% relative to the Swiss franc. Chinese markets remain shut as they’ve been all week in observance of the start of the Year […] More
U.S. PPI Report Just One of Many Price Releases Today… FOMC Meeting Will Be the Main Event
June 14, 2023
Even before the 08:30 release of U.S. producer prices, investors learned today that Wholesale price inflation in India had plunged more deeply below zero percent to -3.48%, a 78-month low. Wholesale prices in Germany during May also moved farther into deflationary territory of -2.6%, a 34-month low. Swedish consumer price inflation slowed in May to […] More
Lower Inflation But Spreading Troubles for Regional Banks
May 11, 2023
Investors remain edgy. PacWest is the latest bank to report a big exodus of deposits. Disney stock dropped sharply. The standoff in the debt ceiling talks hasn’t shown any sign of cracking. Equities closed down 0.8% in China, Indonesia, Taiwan and Australia. The German Dax and Dow Jones Industrials are also off 0.8% so far […] More
Fresh Wave of Concern Surrounding Financial Institutions
March 15, 2023
Equities had rebounded Tuesday following U.S. government measures to protect depositors and amid a slew of reassuring comments from the experts that 2023 is not 2008. In Asia overnight, stock markets had climbed 1.5% in Hong Kong, 1.4% in Singapore, 1.3% in South Korea, and 0.6% in China where growth in retail sales (+3.5% year-on-year […] More
Week Ends With a Disappointing U.S. Producer Price Report
December 9, 2022
Some Asian stock markets continued to rally on China’s announced relaxation of Covid restraint measures, which lessens a significant demand depressant in that key economy, but financial markets elsewhere around the world continue to fret over stagflation and the tightening of monetary policies. Next week will be the last one of 2022 before year-end conditions […] More
