Archive for June 18th, 2013

Central Bank Watch

Central Bank of the Republic of Turkey

June 18, 2013

Along side images from Syria and Afghanistan, the international press has been full of photos from Turkey over the past fortnight depicting extreme civil unrest — just the kind of backdrop one might expect to create volatile capital movements.  Today’s statement from the Central Bank of the Republic of Turkey observes capital flow volatility blames […] More

New Overnight Developments Abroad - Daily Update

All Eyes on the FOMC

June 18, 2013

Whether, when, and by how much to taper quantitative stimulus is the question of the day, as the FOMC meets on the first day of a 2-day meeting.  Creating even more uncertainty, President Obama while attending the G8 summit indicated that Chairman Bernanke had not originally planned to stay in that post as long as […] More