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...Dollar falls, oil moves up on short-term trading bets
It’s important to remember that no trend goes straight up. Today we’re seeing a continuation of profit taking in the dollar and a move up in oil prices on bets for a short term bounce
Third quarter U.S. GDP growth revised up to 5%: Why aren’t markets more enthused?
The U.S. economy grew at a 5% annual rate in the third quarter, the Bureau of Economic Analysis announced this morning. That was a huge upward revision from the previous read of a 3.9% annual growth rate
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...Enuf volatility for ya? Yen and dollar go on a wild ride
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...China’s renminbi continues its rise
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...Japanese stocks move up as yen starts to give back ground against the dollar
While weakness in the U.S. dollar—on a consensus Wall Street view that the Federal Reserve won’t begin reducing its $85 billion a month in asset purchases until March 2014—is getting all the attention, a falling yen is starting to renew the rally in Tokyo share prices
The yen goes back into retreat
The Japanese yen hit a two-and-a-half year low against the U.S. dollar today on news that Masaaki Shirakawa, the governor of the Bank of Japan, is stepping down from his post on March 19, a month early. That will give Prime Minister Shinzo Abe an earlier than expected chance to put a candidate committed to his strategy of weakening the yen in control of Japan’s central bank.
A global sigh of relief as the U.S. dodges the fiscal cliff
Today global markets are breathing a big sigh of relief that Congress and the President managed to work out any kind of fiscal cliff deal at all.
Some other day stock investors and traders may decide to focus on the shortcomings in the package. But not today.