Tag Archive: Japan Current Account

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the exports the data can have a sizable affect on the EUR.

FX Daily, November 11: Dollar Consolidates and Equities Follow Asia Lower

2019-11-11

by Marc Chandler

2019-11-11

Overview: Escalating violence in Hong Kong and the continued fall in Chinese producer prices weighed on equities in Asia Pacific trading. The MSCI Asia Pacific Index has risen nearly 7% during the five-week rally and is off to a weak start this week. Hong Kong's Hang Seng fell around 2.6%, its biggest loss in three months, and China's CSI 300 was off 1.75%. Nearly all the local markets fell but Australia.

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FX Daily, March 08: Euro Slips Ahead of the ECB Meeting

2018-03-08

by Marc Chandler

2018-03-08

Expectations that the European Central Bank would change its forward guidance in a substantive way had been one of the factors behind the euro's appreciation. However, more recently, the anticipation has slackened. The last meeting took place around the same time that many perceived US Treasury Secretary Mnuchin as having abandoned the strong dollar policy.

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FX Daily, October 11: The Dollar Remains Bid

2016-10-11

by Marc Chandler

2016-10-11

FX Performance, October 11 2016 Movers and Shakers

The US dollar is bid against all the major and most emerging market curerncies. An important driver is the backing up of US rates. The two-year yield, which is particularly sensitive to Fed policy is at it highest levbel since early June (~86 bp). The US 10-year yield is five basis points hihger today at 1.77%, which is the highest in four months.

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FX Daily, October 10: Dollar after the Second Debate

2016-10-10

by Marc Chandler

2016-10-10

FX Performance, October 10 2016 Movers and Shakers

The US dollar has started the new week on a firm note. The light news stream and holidays in Japan, Canada and the United States make for a subdued session. Notable exceptions to the dollar's gains are the Canadian dollar and Mexican peso. Both currencies appear to have been. underpinned by US political developments, the main feature of which is the implosion of the Trump campaign.

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FX Daily, August 08: Stocks Up, Bonds Down, Dollar and Yen are Heavy

2016-08-08

by Marc Chandler

2016-08-08

Investors favor risk assets today. Global stocks are moving higher in the wake of the pre-weekend US rally that saw the S&P 500 close at record levels. Bond yields are mostly firmer, again with US move in response to the robust employment report setting the tone in Asia.

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Strong Dollar: the Parallels Between Now, the 1980s and 1998-2002, Part 1: Austerity

2013-07-09

by George Dorgan

2013-07-09

Thailand South Korea Current Account Asia Crisis

We examine the relationship between strong dollar phases and austerity in other parts of the world. Between 1983 and 1985 one reason for the strong dollar were high real interest rates in the U.S. after the defeat of the Great Inflation period, the enforced austerity in Southern America and cheap commodity prices caused by generally …

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