Deeper Analysis
October in Review
November 2, 2014
Most long-term interest rates declined in October. Little change in three-month interest rates masked a widening polarization of monetary policies, as the Fed ended quantitative easing, the Bank of Japan augmented quantitative stimulus, and ECB officials remained publicly divided over whether to stimulate further and how to do so. The dollar strengthened most sharply against […] More
Foreign Exchange Insights and Next Week
Next Week
November 2, 2014
U.S. clocks have moved back one hour, restoring the usual time difference with Europe but lengthening the difference between New York and Tokyo by an hour to 14 hours. U.S. gubernatorial and congressional elections are on Tuesday. Japan is closed for Culture Day on Monday. One focus during the first week of November will be […] More
