Results for Russia
Edit

Euro and Sterling Slumps Extended

April 27, 2022
Overview: Russia's decision to cut gas supplies to Poland and Bulgaria and the sharp sell-off in US equities yesterday casts a pall over the markets today.  But not the dollar. The euro punched through $1.06 for the first time in five years and the greenback turned higher against the yen after falling to a seven-day low.  The major bourses in …
Euro and Sterling Slumps Extended Euro and Sterling Slumps Extended Reviewed by Marc Chandler on April 27, 2022 Rating: 5
Edit

Yen Blues

April 19, 2022
Overview: Benchmark 10-year bonds yields in the US and Europe are at new highs for the year.  The US yield is approaching 2.90%, while European rates are mostly 5-8 bp higher.  The 10-year UK Gilt yield is up nine basis points to push near 1.98%. The higher yields are seeing the yen's losing streak extend, and the greenback has jumped 1% to ar…
Yen Blues Yen Blues Reviewed by Marc Chandler on April 19, 2022 Rating: 5
Edit

Greenback Starts New Week on Firm Note

April 18, 2022
Overview: With many financial centers, especially in Europe, closed for the long holiday weekend, risk-appetites remain in check.  Most Asia Pacific markets fell, and poor earnings from Infosys and Tata Consultancy, saw India pace the decline with a 2% drop.  US futures are also trading with a heavier bias.  Interest rates remain firm.  The US 2- …
Greenback Starts New Week on Firm Note Greenback Starts New Week on Firm Note Reviewed by Marc Chandler on April 18, 2022 Rating: 5
Edit

Good Friday

April 15, 2022
Overview:  Most centers are closed for the holidays today.  The Asia Pacific equity markets were open and moved lower following the losses on Wall Street yesterday.  The weakness of the yen failed to underpin Japanese shares.  China disappointed most observers by failing to cut the one-year medium-term lending facility rate (2.85%) and shares slip…
Good Friday Good Friday Reviewed by Marc Chandler on April 15, 2022 Rating: 5
Edit

Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB

April 09, 2022
The coming days are eventful. And that is with the known unknown, Russia's actions in Ukraine, held in abeyance.  It does not seem as if either side is truly serious about negotiations. Kyiv's proposal of a security guarantee by Poland or the US is not realistic. It would be tantamount to joining NATO. Ukraine President Zelensky appears to…
Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB Fed Campaign toward Neutrality and the Difficult Row to Hoe for the ECB Reviewed by Marc Chandler on April 09, 2022 Rating: 5
Edit

Euro's Slide Extends into 7th Consecutive Session

April 08, 2022
Overview:  The recovery in US equities yesterday helped the MSCI Asia Pacific Index snap a three-day decline.  Chinese tech stocks remained under pressure after Tencent announced it was closing its game streaming service and Beijing indicated efforts to crackdown on the improper use of algos by internet companies.  Led by energy, financials, and i…
Euro's Slide Extends into 7th Consecutive Session Euro's Slide Extends into 7th Consecutive Session Reviewed by Marc Chandler on April 08, 2022 Rating: 5
Edit

RBA Drops "patience" to Send the Aussie Higher

April 05, 2022
Overview: The Reserve Bank of Australia hinted that it was getting closer to a rate hike.  The Australian dollar was bid to its best level since the middle of last year.  Australian stocks advanced in a mixed regional session while China and Hong Kong markets were closed for the local holiday.  BOJ Kuroda called the yen's recent moves "ra…
RBA Drops "patience" to Send the Aussie Higher RBA Drops "patience" to Send the Aussie Higher Reviewed by Marc Chandler on April 05, 2022 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.