War in the Ukraine by another name
Everything is in motion this morning as the conflict in Ukraine moved toward an all-out, but thoroughly denied, invasion of the east of the country by Russian troops, tanks, and artillery.
U.S. dollar takes a breather
The U.S. dollar fell and the euro climbed for the first time in four days as named—German finance minister Wolfgang Schaeuble—and unnamed sources—said that the currency markets have overreacted to comments by Mario Draghi.
World’s central banks start to shift portfolios in anticipation of end of Fed bond purchases
The world’s central bankers are getting their portfolios in order to prepare for the end of the Federal Reserve’s bond purchases later this year. A May survey of 69 central bank reserve managers by Central Banking Publications and HSBC suggests that many have started to move away from longer-dated U.S. Treasuries and from the U.S. dollar
New world financial order: China’s renminbi continues to gain market share
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Don’t forget Japan: It’s stocks are staging a rally, finally
The Tokyo Stock Exchange Index, the TOPIX, posted its highest close overnight since March after climbing for a ninth day. That’s quite a turn around for Japanese stocks. The TOPIX is still down 5.7% for 2014,
Treasuries continue their rally–mostly on euro weakness
The rally in U.S. Treasuries keeps on keepin’ on. But all indications are that the Treasury rally is built on the relative attractiveness of Treasuries rather than on a forecast of falling U.S. economic growth. At least that’s what the mix of stronger Treasury prices plus a steady market for stocks argues to me.
The European Central Bank doesn’t act but does inch closer to acting at today’s meeting
The consensus after the bank’s meeting today seems to be that unless inflation picks up in April the bank will be forced to move. The European Central Bank next meets on interest rates and monetary policy on May 8.
Central bank worries from China to Japan to Europe are key drivers in current stock prices
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...It’s risk-off today around the globe
Today has turned into a class risk off day in global financial markets—largely on news that China’s exports plunged 18.1% in February. Economists surveyed by Bloomberg had expected a 7.5% increase in exports.
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Fear over Ukraine retreats just enough for traders to notice news out of China
Russian troops, jets, and tanks withdrew to their bases in Russia from the country’s border with the Ukraine. Russian forces remain firmly in control of the Crimea, but the end of military exercises on the Ukrainian border has taken some of the fear out of global financial markets. And that has left traders with just enough bandwidth to notice negative news out of China.
Ukraine crisis drives the market today
The Russian ruble is down. So is the euro and emerging market currencies and markets are taking a licking. Pretty much what you’d expect when the crisis in the Ukraine has escalated to include a threat of armed conflict between Russian and Ukrainian soldiers.
Jim’s Stock Alerts
Download Jim’s eBook for Free
