larrygreenberg @ May 17, 2013 # Comments Off
Fresh impetus for a firm dollar was provided by San Francisco President Williams. Usually aligned with Bernanke, he expressed growing confidence in the U.S. labor market and suggested that quantitative easing could be scaled back by summer. The d…
larrygreenberg @ May 16, 2013 # Comments Off
Commodities continue to lose favor. Gold dropped 1.7% overnight to $1372.70 per ounce. Oil fell by 0.9% to $93.43 per barrel. The commodity-sensitive currencies of Australia and New Zealand lost 0.9% and 1.0% against the U.S. currency overn…
larrygreenberg @ May 10, 2013 # Comments Off
The yen touched lows today of 101.75 per dollar and 132.29 per euro and is 1.1% softer against the U.S. currency than at Thursday’s close. The U.S. dollar also has risen 0.9% against the Swiss franc, 0.8% versus the kiwi, 0.7% relative to the Aus…
Kathy Lien @ July 9, 2012 # Comments Off
My trade of week on CNBC’s Money in Motion on Friday was to sell EUR/JPY. It was a jam-packed show and my window to talk about the trade was short. Therefore I want to take this opportunity to explain in further detail why I really like this trade, particularly since its finally rebounding [...]
CalculatedRisk @ December 10, 2011 # Comments Off
This was a light week for economic data and most of the focus was on Europe.
The good news included fewer initial weekly unemployment claims, an increase in consumer sentiment and an increase in rail traffic. However the ISM non-manufacturing index w…
CalculatedRisk @ December 9, 2011 # Comments Off
The Association of American Railroads (AAR) reports carload traffic in November increased 2.3 percent compared with the same month last year, and intermodal traffic (using intermodal or shipping containers) increased 3.8 percent compared with November …
CalculatedRisk @ December 9, 2011 # Comments Off
The Department of Commerce reports:
[T]otal October exports of $179.2 billion and imports of $222.6 billion resulted in a goods and services deficit of $43.5 billion, down from $44.2 billion in September,
revised. October exports were $1.5 billion les…
CalculatedRisk @ December 6, 2011 # Comments Off
Notes: This CoreLogic Home Price Index report is for October. The Case-Shiller index released last week was for September. Case-Shiller is currently the most followed house price index, however CoreLogic is used by the Federal Reserve and is followed…
CalculatedRisk @ December 5, 2011 # Comments Off
Another house price index …
The LPS HPI is a repeat sales index that uses public disclosure by county recorders or loan origination data for purchase loans (if the sales price isn’t disclosed).
From LPS: LPS Home Price Index Shows 1.2 Percent Dec…
CalculatedRisk @ December 4, 2011 # Comments Off
From HotelNewsNow.com: STR: US results for week ending 26 November
In year-over-year comparisons for the week, occupancy rose 3.4 percent to 45.0 percent, average daily rate increased 3.7 percent to US$90.51 and revenue per available room finished the …