Archive for September 25th, 2015

Foreign Exchange Insights and Next Week

Next Week

September 25, 2015

Quarter-End:  The coming week bridges the third and fourth quarters and also marks the end of the first half of Japan’s fiscal year. Holiday:  China’s National Holiday, commemorating the the 66th anniversary of the Communist Revolution begins on Thursday and runs for several days. Manufacturing PMIs:  will be reported for Austria, Australia, Japan, South Korea, […] More

New Overnight Developments Abroad - Daily Update

Dollar and European Equities Firm after Yellen Clarification

September 25, 2015

Fed Chair Yellen in a speech at the University of Massachusetts repeated that an interest rate hike by yearend is likely and indicated that she personally favored starting gradual rate normalization by then.  Investors seem pleased with that clarification and reduction of policy uncertainty. Japanese core consumer prices fell 0.1% on year in August, returning […] More

New Overnight Developments Abroad - Daily Update

Dollar and European Equities Firm after Yellen Clarification

September 25, 2015

Fed Chair Yellen in a speech at the University of Massachusetts repeated that an interest rate hike by yearend is likely and indicated that she personally favored starting gradual rate normalization by then.  Investors seem pleased with that clarification and reduction of policy uncertainty. Japanese core consumer prices fell 0.1% on year in August, returning […] More

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