U.S. small business sentiment
Sterling Takes a Hit… Brexit Not Going Well
March 12, 2019
Sterling depreciated 0.9% overnight against the dollar, which is otherwise down 0.2% against the yuan and Swiss franc and by 0.1% vis-a-vis the euro and kiwi. The dollar is also unchanged relative to the yen, loonie, Australian dollar and Mexican peso. Prime Minister May’s attorney general said changes in the handling of the Irish border […] More
Dollar and Sovereign Debt Yields Rise, while Equities Slip Further
October 9, 2018
Markets remain risk averse today. The dollar appreciated 0.4% against the euro, 0.3% versus the loonie, peso and kiwi, 0.2% relative to the Swiss franc, Aussie dollar, and sterling, and 0.1% vis-a-vis the yen. Share prices fell 1.3% in Japan, 1.0% in Australia, 0.7% in New Zealand, 0.6% in Indonesia, and 0.5% in Singapore and […] More
Stocks Again Reverse Direction… Yen and Dollar Decline
April 10, 2018
A strong Monday session in stocks was almost completely squandered in the last hour of trading by a 300 point drop of the Dow. Once again, the index opened sharply higher on Tuesday and is currently 1.6% higher on the day. Elsewhere, share prices gained 2.2% in Hong Kong, 1.7% in China, 1.3% in Indonesia […] More
Firmer Yen
January 9, 2018
The Japanese yen advanced 0.4% overnight against the dollar and by even more versus main European currencies. Investors reacted after the Bank of Japan bought fewer 10-year and longer JGBs in its operations today, which kindled suspicion the quantitative stimulus may be throttled back in 2018. The Japanese Nikkei-225 share price index climbed 0.6%, but […] More
Several Data Releases and a Mix of Market Responses
September 8, 2015
The unofficial post-summer currency market trading season began today and finds the dollar unchanged against the euro, dow 0.8% against the Australian dollar, 0.6% relative to sterling and 0.5% versus the kiwi but up by 0.5% relative to the yen and loonie and 0.2% vis-a-vis the yuan and Swiss franc. While the Japanese Nikkei plunged […] More
