Archive for June 25th, 2012

Central Bank Watch

Bank of Israel Announced Interest Rate Reduction

June 25, 2012

Israel’s policy interest rate was sliced as expected at the June monthly meeting by 25 basis points to 2.25%.  Such was the fourth such decline since September 2011 and the first since January 23, 2012.  From a low of 0.5% at the start of 2009, the rate was previously raised by 75 basis points each […] More

New Overnight Developments Abroad - Daily Update

Investors Worried about Europe and China

June 25, 2012

The last week of June started on a down note, with softer share prices, bond yields, European currencies and oil prices.  There have been few data releases so far this Monday, but three U.S. indicators are scheduled. Press reports over the weekend claim that China’s economy has slowed more abruptly than official data imply.  According […] More