Archive for September 26th, 2014

Foreign Exchange Insights and Next Week

Next Week

September 26, 2014

Tuesday marks the end of September, the third quarter, and Japan’s fiscal half.  China will be closed after Tuesday and for the remainder of the week to observe its National Holiday.  German markets are shut Friday, October 3 for Unity Day, marking the the commemoration of the 24th anniversary of the reunification of former West […] More

Deeper Analysis

U.S. GDP Getting Better All the Time?

September 26, 2014

The third estimate of real GDP growth in the second quarter was 4.6%, up from 4.0% reported initially and 4.2% in the first revision.  There were upward revisions to non-residential and residential investment, government expenditures, exports and imports.  Inventory building lifted growth by 1.42 percentage points (ppts), up from 1.39 ppts estimated a month ago.  […] More

New Overnight Developments Abroad - Daily Update

Market Catches Breath After Volatile Thursday

September 26, 2014

Overnight dollar movements amount to no net change against the euro, Swissie, sterling and kiwi, a gain of 0.3% versus the yen and 0.1% against the yuan and a dip of 0.1% relative to the Canadian and Australian dollars. Share prices in Europe rebounded 0.7% in France and Italy and 0.5% in Spain.  Stocks are […] More