Central Bank Watch
Bank of Japan Preview
August 8, 2012
The most intriguing aspect of this month’s meeting of the Bank of Japan’s Policy Board is a new composition of membership. With the additions of Takahide Kuichi and Takehiro Sato, the nine-person committee will be fully staffed for the first time since April. The new policymakers are trained economists, who worked previously in that capacity […] More
New Overnight Developments Abroad - Daily Update
European Equities and Euro Turn Lower
August 8, 2012
The euro and Swiss franc that shadows it are each 0.3% weaker against the dollar, which otherwise has lost 0.4% versus the yen, 0.2% relative to sterling and 0.1% against the Australian dollar and yuan. The greenback has edged 0.1% higher against the kiwi. Stock prices are down 1.5% in Spain, 0.5% in Britain and […] More
