Foreign Exchange Insights and Next Week
Next Week
December 16, 2016
Central Banks: In the week before Christmas, monetary policy meetings are scheduled in Japan, Hungary, Sweden, the Czech Republic, Thailand and The Philippines. Central Banks in Australia, India and Japan will publish minutes of their last meetings. Friday Holidays: Emperors Birthday. A number of markets will shut early Friday for Christmas. Scheduled U.S. Economic Statistical […] More
Central Bank Watch
Bank of Russia
December 16, 2016
Monetary officials left Russia’s key central bank interest rate at 10.0% and released a report that was more equivocating than prior reports about how soon the rate can be lowered further. Actual inflation is behaving as assumed, but expected inflation is higher than hoped. A number of inflation risk factors are mentioned. The restraining effect […] More
New Overnight Developments Abroad - Daily Update
Market Breather as Week Draws to a Close
December 16, 2016
Relentless market trends since the U.S. election characterized by a rising dollar and higher share prices but weaker bond and gold prices paused on this final day of the week. The weeks before and after Christmas are potentially unpredictable even in times not characterized by high uncertainty. Action at the yearend holidays ranges from listless to […] More
