ZEW index

Doubting the Recent Strength of Equities

November 19, 2013

Share prices have dropped back 0.9% in Spain, 0.7% in Italy, 1.0% in France, 0.5% in Britain and 0.4% in Germany.  Equities also lost 1.2% in the Philippines, 0.7% in China, 0.6% in New Zealand and Australia, and 0.3% in Japan and Singapore. The U.S. dollar advanced 0.5% against the Australian dollar.  Minutes from the […] More

Markets Not Expected U.S. to Default

October 15, 2013

Investors anticipate some kind of deal before Thursday’s deadline to create a temporarily higher U.S. debt ceiling. Share prices rallied 1.1% in Taiwan, 1.0% in South Korea and Australia, 0.7% in Indonesia, 0.5% in Hong Kong, and 0.3% in New Zealand and Japan.  Equities are up 0.9% in Britain, 0.7% in Germany, 0.6% in France, […] More

Awaiting FOMC Statement

March 13, 2012

Stocks showed a better tone in the Pacific Rim and Europe today.  Equities gained 1.3% in India and Taiwan, 1.2% in Australia, 1.1% in South Korea, 1.0% in Hong Kong and China, and 0.9% in Singapore.  The Paris Cac, German Dax, and British Ftse so far have climbed by 1.0%, 0.9% and 0.8%.  A laggard […] More

Awaiting Greek Parliamentary Vote of Confidence

June 21, 2011

A vote of confidence on Prime Minister Papandreou’s reshuffled cabinet and almost EUR 80 billion of proposed Greek budget cuts and asset sales is due later today.  Investors are optimistic he will survive, because a negative vote would precipitate fresh elections and probable Greek default, an outcome that is too difficult to contemplate.  Approval is […] More

U.K. Inflation Jumps Anew

May 17, 2011

The dollar recovered 1.2% overnight against the yen and 0.3% against the Swissy but is down by  0.3% against the pound and euro, 0.2% versus the Canadian dollar, and 0.1% relative to the Australian and New Zealand dollars.  The yuan is unchanged. Stocks were steadier than they’ve been recently, climbing 0.7% in Australia, 0.5% in […] More

Stocks Slump in China But Rising in Europe

July 13, 2010

China‚Äôs stock market fell 1.6% after government indications that property market curbs will be retained.  Signs such have been effective already include a 0.1% dip in property prices last month and a smaller 608 billion yuan rise in bank loans.  Elsewhere in the Pacific Rim, equities declined 0.7% in Australia, 0.6% in Taiwan, 0.3% in […] More