Found 151 search results for keyword: label/Great Graphic

Rising US Premium Lifts Dollar-Yen

2016-11-11

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2016-11-11

US 10-year rate premium is the largest in 2.5 years. US 2-year premium is the most since Q4 2008. Japanese investors likely will be buying foreign bonds, while foreigners may see opportunities in Japanese stocks after being large sellers in the first 9 months of the year.

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Sterling High Court Decision on Parliament’s Right to Vote on Brexit

2016-11-05

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2016-11-05

pound
The UK High Court defends Parliament's right to vote before Article 50 is triggered. The decision will be appealed. Sterling approached an important resistance as it extended its rally for the fifth session.

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US Political Anxiety Stems Bond Sell-Off

2016-11-03

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2016-11-03

Yield
Bond yields have been rising in the US and Europe since the summer. There are some country-specific considerations and some generalized factors. Anxiety over US politics has helped bonds recover some lost ground.

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Are Foreign Investors Done Selling Japanese Equities?

2016-10-31

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2016-10-31

Foreign investors have sold more than JPY8 trillion of Japanese equities through September. Nikkei technicals have improved and the yen has softened. Foreign investors have been net buyers for the past four weeks.

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IMF’s Reserve Data: Dollar Share Little Changed, Yen Share Jumps, Helped By Valuation

2016-10-13

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2016-10-13

The increase in the yen's share of reserves was flattered by the yen's 9% appreciation. The dollar and euro's share of reserves were stable. Chinese integration has seen the share of unallocated reserves fall. Starting with Q3 data, (available end of March 2017) will break out the yuan's share of reserves.

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Sterling: Has the Breaking Point been Reached?

2016-10-12

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2016-10-12

10-year Gilt yield
Sterling's decline is not longer coinciding with lower rates. Sterling's decline is boosting inflation expectations. If the inflation expectations are realized (Sept CPI next week), it will quickly erode what ever competitive gains there may have been.

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Canadian Dollar: A Little Less About Oil, a Little More about Rates

2016-10-06

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2016-10-06

Canadian Dollar and Oil
The Canadian dollar's link to oil has loosened. Its sensitivity to interest rates has increased. Lumber issue is coming to a head shortly.

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The Yen in Three Charts

2016-10-04

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2016-10-04

The dollar is taking out a several month downtrend against the yen. The correlation between the yen and the S&P 500 has broken down. The US 2-year premium over Japan has steadily risen.

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No Fines for Iberia, but Remedial Action Demanded and Possible Loss of Some ESI Funds

2016-08-10

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2016-08-10

Spain and Portugal need to make some relatively small budget adjustments or will be denied some transfer payments. Spain's political situation is fluid, but another window of opportunity to break the logjam is at hand. The euro seems immune to these fiscal developments; some retracement objectives are in sight.

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European Banks Bad Loans and Coverage

2016-07-26

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2016-07-26

European banks are worrisome. EBA's stress test results will be out at the end of the week. Nonperforming loans are a separate issue, but also need to be addressed.

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Democratic Deficit: Is the UK Referendum the Tip of the Iceberg?

2016-06-13

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2016-06-13

One of the most profound criticisms of the EU that it remains, even at this late date, primarily an elite project.  The democratic deficit has grown, according to the latest Pew Research multi-country poll. The Pew Research sur...

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