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No Relief for the Euro or Sterling

August 22, 2022
Overview: The euro traded below parity for the second time this year and sterling extended last week’s 2.5% slide. While the dollar is higher against nearly all the emerging market currencies, it is more mixed against the majors. The European currencies have suffered the most, except the Norwegian krone. The dollar-bloc and yen are also slightly f…
No Relief for the Euro or Sterling No Relief for the Euro or Sterling Reviewed by Marc Chandler on August 22, 2022 Rating: 5
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Dog Days

August 08, 2022
Overview: The dog days of August for the Northern Hemisphere are here and the capital markets are relatively subdued. Equities are firmer. The notable exceptions in Asia was China, Hong Kong, and Taiwan. The MSCI Asia Pacific Index has advanced for the last three weeks. Europe’s Stoxx 600 slipped almost 0.6% last week and has recouped most of it t…
Dog Days Dog Days Reviewed by Marc Chandler on August 08, 2022 Rating: 5
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