Archive for December 18th, 2015

New Overnight Developments Abroad - Daily Update

Markets Confused and Fearful about the Coming Year

December 18, 2015

Noontime in New York finds U.S. equities down over 1.0%, the ten-year Treasury yield off two basis points, and the dollar depressed by 1.3% against the yen, 1.0% versus the Aussie dollar, 0.8% relative to the kiwi, 0.5% against the loonie, 0.4% vis-a-vis the euro and 0.1% against sterling. Share prices fell 1.9% in Japan […] More

Central Bank Watch

Bank of Japan

December 18, 2015

After a Board meeting of five hours 36 minutes over two days that wasn’t expected to producer any policy changes, a statement was released that pushed out the targeted average maturity of the bank’s JGB portfolio to 7-12 years from 7-10, launched a second EFT purchase program amounting to slightly less than $2.5 billion per […] More

New Overnight Developments Abroad - Daily Update

Markets Confused and Fearful about the Coming Year

December 18, 2015

Noontime in New York finds U.S. equities down over 1.0%, the ten-year Treasury yield off two basis points, and the dollar depressed by 1.3% against the yen, 1.0% versus the Aussie dollar, 0.8% relative to the kiwi, 0.5% against the loonie, 0.4% vis-a-vis the euro and 0.1% against sterling. Share prices fell 1.9% in Japan […] More

css.php