Friday , April 19 2024
Home / Tag Archives: Canada (page 13)

Tag Archives: Canada

FX Daily, July 21: Did Japan Deliver a Fait Accompli to the US?

Swiss Franc The Euro has fallen by 0.18% to 1.0837 EUR/CHF and USD/CHF, July 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The biggest rally in US equities in four months has helped stabilize global shares today. In the Asia Pacific region, Japan, China, and Australian markets advanced. Led by information technology and consumer discretionary sectors, Europe’s Dow Jones Stoxx 600 is up around 1.35% near the...

Read More »

FX Daily, July 15: Strong Gains in US CPI and PPI Don’t Stop the Bond Market Rally

Swiss Franc The Euro has risen by 0.08% to 1.0837 EUR/CHF and USD/CHF, July 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Strong inflation prints this week have not prevented the long-term US interest rates from tumbling. The 10-year yield is about 10 bp lower than where it closed on Tuesday after the lackluster 30-year auction. The 30-year yield itself is 11 bp lower. Fed Chair Powell did not break new...

Read More »

FX Daily, July 13: Headline US CPI may Decline for the First Time in a Year

Swiss Franc The Euro has fallen by 0.18% to 1.0831 EUR/CHF and USD/CHF, July 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: New record highs in the US S&P 500 and NASDAQ coupled with China allowing Tencent to acquire a search engine helped lift Asia Pacific equities. It is the first back-to-back by MSCI’s regional index for more than two weeks. Australia’s market was a notable exception. The lockdown...

Read More »

FX Daily, July 09: PBOC Cuts Reserve Requirements after Inflation Measures Ease

Swiss Franc The Euro has risen by 0.17% to 1.0859 EUR/CHF and USD/CHF, July 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets are winding down what has been a challenging week that has seen equity markets slide and the dollar and bonds rally. The MSCI Asia Pacific fell for the fourth consecutive session, but the more interesting story may be the intrasession recovery that could set the...

Read More »

FX Daily, July 02: US Jobs and OPEC+ Day

Swiss Franc The Euro has risen by 0.14% to 1.0946 EUR/CHF and USD/CHF, July 02(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US jobs report and OPEC+ decision are awaited. The dollar remains bid. Only the yen and Canadian dollar are showing a hint of resilience, though, on the week, the Scandis and dollar-bloc currencies are off between around 1-2%. The greenback is also firmer against the emerging...

Read More »

FX Daily, June 30: The Greenback is Firm into Quarter-End

Swiss Franc The Euro has fallen by 0.03% to 1.0959 EUR/CHF and USD/CHF, June 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dollar is finishing the quarter on firm footing, gaining against most of the major currencies today. The euro is straddling the $1.1900 area, having begun the month above $1.22. Sterling has tested the $1.38 area. It had traded at a three-year high near $1.4250 at the start of the...

Read More »

FX Daily, June 10: ECB Meeting and US CPI: Transitory Impact

Swiss Franc The Euro has fallen by 0.06% to 1.09 EUR/CHF and USD/CHF, June 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The ECB meeting and the US May CPI report is at hand. The US dollar is consolidating at a higher level against most of the major currencies. Softer than expected, inflation readings are weighing on the Scandis, which are bearing the brunt. The US 10-year yield closed below 1.50% for...

Read More »

FX Daily, February 23: Dramatic Market Adjustment Continues

Swiss Franc The Euro has risen by 0.38% to 1.0931 EUR/CHF and USD/CHF, February 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a minor gain. Equities are mostly higher in the Asia Pacific region while Japanese markets were on holiday. Hong Kong led the advancers, but...

Read More »

FX Daily, January 20: The Dollar Slips to New Lows against Sterling and the Mexican Peso

Swiss Franc The Euro has fallen by 0.05% to 1.0768 EUR/CHF and USD/CHF, January 20(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities are moving higher today. Led by continued strong buying of Hong Kong shares, the MSCI Asia Pacific Index rose to new highs. The Hang Seng is up 6% this year and is approaching the 2019 record high.  Australia’s shares set a new record today. Japan and Taiwan bucked...

Read More »

FX Daily, January 18: US is on Holiday, but the Dollar has Legs

Swiss Franc The Euro has fallen by 0.07% to 1.0754 EUR/CHF and USD/CHF, January 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The new week has begun like last week ended. Equities are a bit heavy. The MSCI Asia Pacific Index fell for the second session, its first back-to-back loss since before Christmas. China and Hong Kong were the notable exceptions, perhaps helped by stronger than expected GDP. Europe’s...

Read More »