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Tag Archives: China House Prices

FX Daily, September 17: Markets Calm(er)

Swiss Franc The Euro has risen by 0.60% to 1.0984 EUR/CHF and USD/CHF, September 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Oil prices have stabilized after yesterday’s surge. Both Brent and WTI are holding on to around $7-$8 a barrel gain. Equity markets are mixed. Some are attributing the losses in Asia Pacific outside of Japan (Nikkei rose its highest level since late April), Korea and Australia to...

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FX Daily, August 15: Animal Spirits Lick Wounds

Swiss Franc The Euro has risen by 0.18% to 1.0859 EUR/CHF and USD/CHF, August 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It took some time for investors to recognize that the scaling back of US tariff plans was not part of a de-escalation agreement. There was an explicit acknowledgment by US Commerce Secretary Ross that there was no quid pro quo. The US tariff split was more about the US than an overture...

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FX Daily, June 18: Draghi Ends Calm Ahead of FOMC, Sending the Euro and Yields Down

Swiss Franc The Euro has fallen by 0.08% at 1.1196 EUR/CHF and USD/CHF, June 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: ECB President Draghi underscoring the likely need for more stimulus broke the subdued tone as market participants took a “wait and see” stance ahead of tomorrow’s FOMC decision. Draghi’s comments sent the euro through $1.12 for the first...

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FX Daily, May 16: US Struggles to Strike a Less Strident Tone

Swiss Franc The Euro has risen by 0.02% at 1.1299 EUR/CHF and USD/CHF, May 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Retail sales and industrial production disappointed in both the US and China prior to the end of the tariff truce, declared by the US in a series of presidential tweets on May 5. The reaction function of the US to the drop in equities was...

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FX Daily, January 18: Currencies Consolidate After Chop Fest

Swiss Franc The Euro has fallen by 0.20% to 1.174 CHF. EUR/CHF and USD/CHF, January 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar rallied in the North American afternoon yesterday and the timing coincided with the release of the Fed’s Beige Book that saw several districts report wage and price pressures. The US 10-year yield moved toward toward 2.60%,...

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FX Daily, October 23: US Dollar Starts New Week on Firm Note

Swiss Franc The Euro has fallen by 0.04% to 1.1578 CHF. EUR/CHF and USD/CHF, October 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is enjoying modest gains against most currencies as prospects of both tax reform and additional monetary tightening by the Fed carry over from last week. The strong showing of the Liberal Democrats in Japan, where the...

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FX Daily, September 18: More Thoughts from Berlin

Swiss Franc The Euro has risen by 0.03% to 1.1468 CHF. EUR/CHF and USD/CHF, September 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The unexpected weakness in US retail sales and industrial production reported before the weekend did not prevent US yields and stocks from rising.  Asia followed suit, and with Japanese markets closed, the MSCI Asia Pacific Index rallied a...

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