Tag Archive: Australia

FX Daily, July 01: Markets Head Quietly into the Weekend

EUR/CHF finished the week after Brexit with slight improvement of 0.18%. The scare mongering by the Swiss media was misplaced. The euro even recovered from a dip after BoE governor Carney's comments on Thursday. We do not see strong SNB interventions at this elevated price level. We judged that the interventions happened below 1.08.

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Visualizing “The 5000 Year Long Run” In 18 Stunning Charts

In the long run, as someone once said, we are all dead, but in the meantime, as BofAML's Michael Hartnett provides a stunning tour de force of the last 5000 years illustrates long-run trends in the return, volatility, valuation & ownership of financi...

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Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over...

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The SNB and the Forex Rigging Irony

While Forex banks, traders, and other institutions are being blamed for market rigging, the Swiss National Bank can publish reports about its own market rigging, but instead of being a scandal, it's economic data.  That's because the vast majority do...

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Net National Savings, Part two: The Consumption-Driven Economies

The second part on Net National Savings in % of gross national income, our preferred alternative indicator to GDP. This part contains the consumption-driven economies, which are Latin America and our Western countries

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Swiss GDP Details Compared to UK, USA, Germany, Japan and Australia, Q3 2013

The Swiss GDP was again one of the strongest major economies. The quarterly growth rate in the third quarter was 0.5%, the yearly one 1.9%. U.S. GDP improved by 3.6% QoQ annualized. For comparison purposes, our figures are not annualized; hence the equivalent is 0.9% QoQ. In Japan and Switzerland private consumption rose by 0.1% … Continue reading...

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Japan Beats the United States in GDP Growth per Capita for Last Decade

GDP Growth per Capita in Developed Nations in the following order: Australia Sweden Germany Switzerland Netherlands Japan Canada United States France United Kingdom Ireland Spain Italy Greece

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Ageing and Immigration in the U.S. and Japan and the New Normal



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Q1 GDP: Japan +1.0%, AUS, Swiss +0.6%, US +0.45%, Germany +0.1%, Italy -0.5%

  Update June 26: The Swiss economy has grown more quickly than the United States in Q1 2013. Japan is in the lead of the global comparison with 1.0% quarterly growth, Australia and Switzerland follow with 0.6%, the US has 0.45% QoQ (or 1.8% annualized), Germany 0.1% and Italy slowed by -0.5%. Weakest currency, strongest … Continue...

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Global Purchasing Manager Indices

Manufacturing Purchasing Manager Indices (PMIs) are considered to be the leading and most important economic indicators.   August 2013 Update Emerging markets: Years of strong increases in wages combined with tapering fears have taken its toll: Higher costs and lower investment capital available. EM Companies have issues in coping with developed economies. Some of them …

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Global Purchasing Manager Indices, Update January 25

Manufacturing PMIs are considered to be the leading and most important economic indicators.  After a strong slowing in summer 2012 and the Fed’s QE3, this is the fourth month of improvements in global PMIs   January 25th Expansion-contraction ratio: There are 15 countries that show values above 50 and 14 with values under 50. Positive-negative-change ratio: …

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Global Purchasing Manager Indices, Update December 17

Manufacturing PMIs are considered to be the leading and most important economic indicators.  Since the Fed’s QE3, this is the third month of improvements in global PMIs after a strong slowing in summer 2012.   January 25th Expansion-contraction ratio: There are as many countries that show values above 50 as under 50. Positive-negative-change ratio: 18 countries …

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Global Purchasing Manager Indices, Update December 10

  Manufacturing PMIs are considered to be the most leading and important economic indicators. Jim O’Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world.  BlackRock’s Russ Koesterich thinks it’s one of the most underrated indicators. Global Purchasing Manager Indices for the manufacturing industry   December 3, 2012 …

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