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| | | Shine, shine, shine, let it shine Thank you strong US dollar. Just as the latest PMI updates for the US and the Eurozone, Japan's manufacturing sector started the New Year with a smile. The Nikkei Japan flash manufacturing PMI increased to 52.8 in January ... |
| | | | The strong US dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since ... |
| | | | ... was mainly due to stronger demand with new export orders rising only slightly. This is not surprising given the strong US dollar. "Looking ahead, firms were generally optimistic towards the 12-month business outlook in January. Furthermore, the degree ... |
| | | | ... mean it has also done so in Australia? If so the Reserve Bank therefore has no reason to cut interest rates. "If the US dollar continues to strengthen does that mean the Australian dollar will fall to levels that people were expecting it to hit this ... |
| | | | ... press conference last week - he talked and talked about everything except about his economic policies - brought the US dollar down against most major currencies. But 'twas the Aussie dollar that gained the most. The Australian dollar has reversed its ... |
| | | | ... December from 40.9 in the previous month supported by a rally in the stock market and the yen's depreciation versus the US dollar. This is sharply above market expectations for an improvement to 41.3 and is the highest level in three years (September ... |
| | | | ... market can only speculate what the Twitter-happy Trump will do in his first 100 days. Broadly J.P. Morgan highlighted US dollar strength, the growth of treasury yields, and signs the return of inflation to central bank targets - which they acknowledge ... |
| | | | ... goes, the world goes. He'll certainly try... but will it be watered down by the US Congress? Then there's the surging US dollar -- that slows US economic growth and plays into Trump's protectionist' stance that could spark a trade war, notably with China. ... |
| | | | ... to do, depreciating in response to the economy's slower growth (relative to the US if you want to look at it from the US dollar viewpoint) until such time that that depreciation boost economic growth. This would put upward pressure on inflation and on ... |
| | | | ... its forecast three 25 bps rate hikes next year. However, expectations of higher US interest rates would further boost US dollar appreciation - slow the economy - and play straight into the hands of Trump's other policy - protectionism - that would be ... |
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