Archive for December 23rd, 2013

Central Bank Watch

Bank of Israel: No Interest Rate Change this Month

December 23, 2013

The Israeli central bank interest rate was kept at 1.0%, its level since a 25 basis point cut in October.  Eight previous 25-basis point cuts were implemented stretching back to September 2011, including two in May 2013.  A statement released today by the central bank observes that November inflation was less than forecast and that […] More

New Overnight Developments Abroad - Daily Update

Some Pre-Christmas Data

December 23, 2013

Japan was closed for the Emperor’s Birthday holiday, and other markets are winding down ahead of their closures. Today saw more data releases than any other day this week, but market action has been unremarkable. The dollar fell 0.4% against the Canadian currencies and shows a dip of 0.1% relative to the euro, Swissie, kiwi, […] More