Tag Archives: PMI

Swiss Franc The Euro has risen by 0.15% to 1.0948 EUR/CHF and USD/CHF, June 01(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The US dollar fell against most major currencies following the PBOC’s modest move to reduce the upward pressure on the yuan. Follow-through selling was seen earlier today, and sterling reached a new three-year high. However, the dollar found a bid in the European morning, while the...

Swiss Franc The Euro has risen by 0.28% to 1.1044 EUR/CHF and USD/CHF, April 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Many narratives link the prospect of higher capital gains tax on about a third of 1% of Americans as the catalyst for losses in US equities yesterday (and Bitcoin) and weakness in some global shares today. Of the large markets in the Asia Pacific region, only Japan, which is reimposing...

Swiss Franc The Euro has risen by 0.45% to 1.1015 EUR/CHF and USD/CHF, March 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities and bonds jump back. Most Asia Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week. The recovery in European stocks was even more impressive. The Dow Jones Stoxx 600 was up around 1.55% near midday, recouping...

Swiss Franc The Euro has risen by 0.25% to 1.0854 EUR/CHF and USD/CHF, February 19(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The bond and equity markets are trying to stabilize ahead of the weekend. The dollar remains under pressure. In the Asia Pacific region, Hong Kong, China, and South Korean markets advanced, but most markets could not overcome the profit-taking pressures. Europe’s Dow Jones Stoxx 600...

Swiss Franc The Euro has risen by 0.05% to 1.0809 EUR/CHF and USD/CHF, February 3(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities have charged higher, and the greenback is mostly firmer. News that Draghi may become Italy’s next Prime Minister has boosted Italian bonds. The PBOC unexpectedly drained liquidity, and this may have deterred buying of Chinese stocks, a notable exception in the regional rally....

Swiss Franc The Euro has risen by 0.15% to 1.082 EUR/CHF and USD/CHF, February 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equities are snapping back today, while the greenback retained the strength seen last week that was attributed to safe-haven flows. The MSCI Asia Pacific Index snapped a four-day decline led by Hong Kong, South Korea, India, and Indonesia. Europe’s Dow Jones Stoxx is up around...

Swiss Franc The Euro has risen by 0.23% to 1.0823 EUR/CHF and USD/CHF, January 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview:  One of the two Georgia Senate contests remains too close to call, but the market appears to be pricing in a Democrat sweep. The 10-year yield has punched above 1% but has offered the greenback little support. Yesterday, the dollar-bloc currencies rose to highs since early Q2 2018 and...

In mid-December 2019, before the world had heard of COVID, China’s Central Economic Work Conference had released a rather startling statement for the world to consume. In the West, everything was said to be on the up. Central banks had responded, forcefully, many claimed, more than enough to deal with that year’s “unexpected” globally synchronized downturn. This view had been punctuated by Fed Vice Chairman Richard Clarida, among many others, who in early January...

Swiss Franc The Euro has fallen by 0.06% to 1.0821 EUR/CHF and USD/CHF, January 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The first day of the New Year, but it feels a lot like last year. The dollar is under pressure, and equities are higher. Outside of Japan and Malaysia, The MSCI Asia Pacific Index extended last week’s 3.6% gain. It has not rallied for seven consecutive sessions. Led by mining and...

Swiss Franc The Euro has risen by 0.05% to 1.0682 EUR/CHF and USD/CHF, November 4(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Initially, the markets built on Tuesday’s price action, but as soon as a few counties in Florida indicated that it was not going to be the “blue wave,” risk came off, and it was most evident in the bond and currency markets. Equities rallied in the Asia Pacific area, and all but Hong...