Tag Archives: China Industrial Production

Swiss Franc The Euro has risen by 0.10% to 1.0522 EUR/CHF and USD/CHF, May 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 staged an impressive recovery yesterday, a sell-off that took it to its lowest level since April 21, to close more than 1% higher on the day, helped set the tone in the Far East and Europe today. Gains in most Asia Pacific markets, but Hong Kong, Shanghai, and India,...

Swiss Franc The Euro has fallen by 0.22% to 1.0942 EUR/CHF and USD/CHF, September 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Oil prices surged in the initial reaction to the unprecedented drone attack on Saudi Arabia facilities. Saudi Arabia may be able to restore around half of the lost production in a few days. Saudi Arabia and other countries, including the US, prepared to tap strategic reserves, oil...

Swiss Franc The Euro has fallen by 0.02% at 1.1201 EUR/CHF and USD/CHF, June 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Worries about an escalation in the Gulf following US accusations that Iran was behind yesterday’s two attacks and weaker growth impulses, while trade tensions remain high, are dampening risk appetites ahead of the weekend. Equities are...

Swiss Franc The Euro has fallen by 0.28% at 1.1273 EUR/CHF and USD/CHF, May 15(see more posts on EUR/CHF, USD/CHF, ) Source: merkets.ft.com - Click to enlarge FX Rates Overview: Disappointing Chinese April data spurred speculation that more stimulus will be forthcoming and bolsters hopes that a trade deal with the US by the end of next month helped Asian Pacific equities advance for the first time this week....

It had been 55 months, nearly five years since China’s vast and troubled industrial sector had seen growth better than 8%. Not since the first sparks of the rising dollar, Euro$ #3’s worst, had Industrial Production been better than that mark. What used to be a floor had seemingly become an unbreakable ceiling over this past half a decade. According to Chinese estimates, IP in March 2019 was 8.5% more than it was in...

According to Germany’s Zentrum für Europäische Wirtschaftsforschung, or ZEW, the slump in the country’s economy has now reached its fourteenth month. The institute’s sentiment index has improved in the last two, but only slightly. As of the latest calculation released today, it stands at -3.6. That’s up from -24.7 back in October, though sentiment had likewise improved at one point last year, too. In July, the number...

Imagine yourself as a rural Chinese farmer. Even the term “farmer” makes it sound better than it really is. This is a life out of the 19th century, subsistence at best the daily struggle just to survive. Flourishing is a dream. Only, you can see just on the other side of the hill the bright reflective lights of one of China’s many glittering modern cities. Not only are you reminded of the stark difference between what...

Swiss Franc The Euro has risen by 0.39% at 1.141 EUR/CHF and USD/CHF, November 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Investors are on pins and needles today. Oil prices are trying to stabilize after WTI’s outsized 7% fall yesterday, its largest in three years. Global equities are heavier, dragged down by energy, but also larger than expected Q3...

Swiss Franc The Euro has fallen by 0.04% at 1.1277 EUR/CHF and USD/CHF, September 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The dollar traded above JPY112 in early Asia, for the first time since early August but it could not take out the high recorded then (~JPY112.10) and has come off a bit in Europe. There is a $493 mln option struck at JPY112 that will expire...

Swiss Franc The Euro has fallen by 0.05% to 1.1683 CHF. EUR/CHF and USD/CHF, July 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is slightly softer against most of the major currencies but is in narrow ranges ahead of today’s key events, which include US retail sales and the debate in the UK parliament over Brexit. The yen is the main exception. The local...