Bonds and Stocks
September in Figures
September 30, 2009
During the past month, interest rates fell modestly for the most part, sterling and the dollar weakened, equities strengthened except in Japan, and gold advanced. Barriers of JPY/USD 90, GBP/USD 1.60, and $1000 on gold were broken. Oil closed not far from its end-August level, and use of the dollar to fund carry trades become […] More
Central Bank Watch
No Change in Poland's Central Bank Reference Rate
September 30, 2009
For a third consecutive monthly meeting, officials at the National Bank of Poland left their 7-day policy reference rate at 3.5%. The rate had been 6.0% in October 2008 but was cut by 25 basis points on November 26 and by 75 bps each on December 23 and January 27. Three final cuts of 25 […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Dollar Higher on Final Day of Quarter
September 30, 2009
The dollar rose 1.4% against the Australian dollar, 1.2% versus the Canadian dollar, 1.1% against the euro, 1.0% against the kiwi, 0.7% against the Swiss franc and 0.6% relative to the yen. Stocks in the Pacific Rim rose 1.1% in China and Taiwan, 1.6% in India, and 1.0% in Indonesia but fell 0.3% in Hong […] More
