Archive for June 24th, 2016

Foreign Exchange Insights and Next Week

Next Week

June 24, 2016

Central Bank Activity:  Interest rate policy meetings in Mexico, Taiwan, Romania, the Czech Republic and Israel. The Bank of England’s Financial Policy Committee meets Tuesday.  Minutes of the last European Central Bank will be published, and so will the Bank of Japan’s quarterly corporate Tankan survey.  Governor Zhou of the People’s Bank of China, and […] More

New Overnight Developments Abroad - Daily Update

British Referendum Wreaks Havoc in Global Markets

June 24, 2016

British voters chose to leave the European Union by a margin of 51.9% to 48.1.  Extensive coverage provided in Deeper Analysis. British Prime Minister Cameron, who campaigned to remain in the EU, resigned and will step down in the fall. The pound swung adversely against the dollar by as much as 11.9%, most ever, dropping […] More