Archive for July 22nd, 2016

Foreign Exchange Insights and Next Week

Next Week

July 22, 2016

Special Events:  Meeting of G20 central bank leaders and finance ministers on July 23-24.  U.S. Democratic Party National Convention on Monday-Thursday. Central Banks:  Monetary policy meetings in the U.S., Japan, Russia, Ukraine, Hungary, Israel and The Philippines. Reserve Bank of New Zealand Governor Wheeler and Bank of Japan Governor Kuroda speak publicly.  No press conference […] More

New Overnight Developments Abroad - Daily Update

Markets React to U.K. July PMI Figures but Hardly to Trump’s Speech

July 22, 2016

Britain’s composite purchasing managers index swung from 52.4 in June to an 87-month low of 47.7 in July.  Service sector activity (49.1) contracted at the fastest pace in 41 months, while services did even worse, falling at the most rapid rate in 88 months with a reading of 47.4.  Sterling’s post-Brexit slump sent input prices […] More

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