Swiss Franc The Euro has fallen by 0.04% to 1.0751 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: The dollar has been sold against nearly all the world’s currencies ahead of what is expected to be a dovish Federal Reserve, even if no fresh action is taken. The Scandis and Antipodean currencies are leading the majors. The South African rand and Mexican peso are leading the...
Read More »China’s Hole Puzzle
One day short of one year ago, on September 16, 2019, China’s National Bureau of Statistics (NBS) reported its updated monthly estimates for the Big 3 accounts. Industrial Production (IP) is a closely-watched indicator as it is relatively decent proxy for the entire goods economy around the world. Retail Sales in the post-Euro$ #2 context give us a sense of the Chinese economy’s persistent struggle to try to “rebalance” without the pre-2008 boost China had obtained...
Read More »FX Daily, September 15: The Dollar Softens Ahead of the FOMC
Swiss Franc The Euro has fallen by 0.19% to 1.0755 EUR/CHF and USD/CHF, September 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The capital markets are relatively quiet so far today as the FOMC meeting gets underway. Equity markets in the Asia Pacific region, but Japan and Australia advanced, and the regional benchmark rose for the fourth consecutive session. European stocks are a little firmer. The...
Read More »FX Daily, September 14: UK Presses Ahead, China Strikes Out at German Pork Producers, and Moody’s Weighs on Turkey
Swiss Franc The Euro has fallen by 0.07% to 1.0762 EUR/CHF and USD/CHF, September 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: A flurry of deals, including the still-evolving Oracle-TikTok tie-up, helped lift equity markets in the Asia Pacific region. South Korea’s Kospi, and Indonesia, which had been battered last week, led the advance. The MSCI Asia Pacific Index rose for the third consecutive...
Read More »FX Daily, September 09: Investor Anxiety Continues to Run High Despite Some Stability in the Capital Markets
Swiss Franc The Euro has fallen by 0.03% to 1.0802 EUR/CHF and USD/CHF, September 9(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview: News that the AstraZeneca Phase 3 test had to be stopped to study the adverse reaction of one subject added to the uncertainty of investors amid one of the more significant reversals of risk appetites since March. Equities continued to slump in the Asia Pacific region, with many...
Read More »FX Daily, September 8: US Threats to Decouple from China and the Greenback Strengthens
Swiss Franc The Euro has fallen by 0.09% to 1.0813 EUR/CHF and USD/CHF, September 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets remain on edge. US-China tensions are escalating. Strained Brexit talks are set to resume today. Profit-taking in the tech space has continued. The ECB meeting is around the corner. The MSCI Asia Pacific Index snapped a three-day slide today with most markets moving...
Read More »FX Daily, September 4: Markets Look for more Solid Footing, but Need to Get Passed US Jobs Data
Swiss Franc The Euro has risen by 0.14% to 1.0789 EUR/CHF and USD/CHF, September 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The dramatic sell-off of US shares yesterday is the main focus, capturing the limelight from other forces, including today’s US employment report. It was the third-worst session for the S&P 500 since the March 23 bottom, and the other two did not see follow-through selling. ...
Read More »Trumps Handelspolitik: Note ungenügend
Donald Trump wollte Amerika wieder gross machen – und China wirtschaftlich in die Knie zwingen. Doch sein Handelskrieg ist alles andere als eine Erfolgsgeschichte. Ausser Spesen… : Das US-Handelsdefizit hat sich trotz Trumps Bemühungen erhöht. Foto: Getty Images Die Amerikaner wählten 2016 Donald Trump zu ihrem Präsidenten, weil er versprach, Amerika wieder gross zu machen. Um das zu erreichen, sollte China wirtschaftlich in die Knie gezwungen werden. Anderthalb Jahre...
Read More »FX Daily, July 13: Risk Appetites Firm, but the Greenback is Mixed
Swiss Franc The Euro has risen by 0.46% to 1.068 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: Equities began the week on a firm note in the Asia Pacific region. The Nikkei gained more than 2%, and the profit-taking seen in China ahead of the weekend was a one-day phenomenon. The Shanghai Composite rose 1.8%, and the Shenzhen Composite surged 3.5%. Taiwan and South Korea markets...
Read More »FX Daily, July 10: Surge in Coronavirus Spooks Investors as China Takes Profits
Swiss Franc The Euro has risen by 0.22% to 1.0629 EUR/CHF and USD/CHF, July 10(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Record fatalities in a few US states, coupled with new travel restrictions in Italy and Australia, have given markets a pause ahead of the weekend. News that two state-backed funds in China took profits snapped the eight-day advance in Shanghai at the same time as there is an attempt...
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