Tag Archive: Spain Consumer Price Index
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
FX Daily, March 14: Brexit Takes Fresh Toll on Sterling, While Dollar Firms more Broadly
UK Prime Minister May got the parliamentary approval the courts ruled was necessary to formally trigger Article 50. It is not clear what UK she will lead out the EU. Scotland is beginning the legal proceedings to hold another referendum on independence. There is some talk that Northern Ireland, which voted to remain, might be allowed to rejoin the Republic of Ireland.
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FX Daily, February 27: Asia Stumbles, Europe Recovers, Waiting for Trump
The late recovery in US equities before the weekend did little good for Asian markets. Nearly all the Asian equity markets moved lower, led by the 1.0% decline in Japan's Topix. It was the third successive loss for the Topix, which is the long losing streak of the year so far. The MSCI Asia Pacific Index lost 0.6%, further pushing it off the 17-month high seen last week.
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FX Daily, February 15: Yellen Helps the Dollar Extend Streak
The Dollar Index's ten-day rally was at risk yesterday, but Yellen's reiteration of the commitment to continue to lift rates gradually helped extend the streak to eleven sessions.This surpassed the streak around the election (November 7-November 18). With today's gains, it may draw closer to what appears to be the long streak, 14 sessions between April 30, 2012 and May 17.
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FX Daily, January 31: Markets Look for Solid Footing
The immigration imbroglio in the United States is being cited in various accounts for the price action, including yesterday's drop in the S&P 500, where the intraday loss was the largest since before the election. The drama is also being blamed for the dollar's losses yesterday, which it is consolidating today.
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FX Daily, December 30: Dollar Slips into Year End
In exceptionally thin conditions that characterize the year-end markets, a reportedly computer-generated order lifted the euro from about $1.05 to a little more than $1.0650 in a few minutes early in the Asian sessions.
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FX Daily, December 13: Narrowly Mixed Dollar Conceals Resilience
The US dollar is little changed against most of the major currencies. The dollar finished yesterday's North American session on a soft note, but follow through selling has been limited. After rallying to near 10-month high above JPY116 yesterday, the greenback finished on session lows near JPY115.00. Initial potential seemed to extend toward JPY114.30, but dollar buyers reemerged near JPY114.75, and it rose back the middle of the two-day range...
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FX Daily, October 28: Dollar Sidelined, Krona Stabilizes, Rates Firm
The main development here in the last full week of October is the sharp rise in bond yields. US 10-year yields rose nine bp this week coming into today's session, which features the first look at Q3 GDP. The two-year yield is up four bp. European 10-year benchmark yields mostly rose 11-17 bp. UK Gilts were are the upper end of that range. Two-year yields are 3-5 bp higher.
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FX Daily, October 14: Firm Dollar Consolidating, Awaiting US Retail Sales
The US dollar is firm against most of the major currencies, but within yesterday's ranges, which seems somewhat fitting amid the light new stream. The high-yielding Australian and New Zealand dollars are resisting the stronger greenback, while on the week the Aussie and the Canadian dollar are the only majors to gain.
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FX Daily, September 29: Dollar Quietly Bid, while Market is Skeptical of OPEC Deal
The US dollar has firmer against most major and emerging market currencies. It remains well within its well-worn ranges, which continue to be narrow. A notable exception today is the yen's weakness. While the majors are mostly off marginally and now more than 0.3%, the yen is 0.75% lower. That puts the greenback at a six-day high (~JPY101.75) at its best.
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FX Daily, September 13: Much Noise, Weak Signal
The last ECB meeting and Dragh's hawkish comments is for us the main reason of the euro strength, this despite stronger Swiss GDP growth.
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FX Daily, August 12: Summer Markets Grind into the Weekend
There is a general consolidative tone in the capital markets as the week draws to a close. The US retail sales report may offer a brief distraction, but it is unlikely to significantly shift expectations about the trajectory of Fed policy. Indeed, it might not really change investors' information set.
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FX Daily, June 29: Fragile Calm Ahead of Quarter-End
Sterling is firmer, but quarter-end considerations seem to be the key driver. Poor Japanese retail sales keep focus on policy response likely next month. New Zealand and Australian dollars are leading today's advance against the US dollar.
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Swiss Yearly Inflation Rate Overtakes First Eurozone Countries
According to Swiss Statistics the yearly inflation rate is at 0.0%, and the monthly rate is +0.4%. The Spanish CPI is already under zero at -0.2%, and the Italian one is at +0.3%, not to speak about severe Cyprus or Greek deflation . Still in February 2012, the difference between the Swiss and Euro …
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Why the Euro Crisis may last another 15 years
Abstract In the following article we will explain which types of crisis occur in the euro area and will argue that this crisis will last at least another fifteen years. (1) Competitiveness crisis: Before the euro introduction peripheral countries regularly saw their currency depreciate against the German Mark and helped them to increase their competitiveness. …
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