Central Bank Watch
Bank of Israel Leaves Accommodative Policy Stance as Is
August 29, 2017
Two and a half years have now transpired since the Bank of Israel’s policy interest rate was last changed in February 2015 with the implementation of a cut of 15 basis points to 0.10%. That move culminated a 13-step easing of 75 basis points per year during the prior four calendar years. A statement released […] More
New Overnight Developments Abroad - Daily Update
The Wrath of Nature and North Korea Sends Markets into a Tizzy
August 29, 2017
So much for North Korean restraint in the face of Trump’s threat of “fire and fury” against that regime. North Korea fired a missile last night that sailed over Japan, seemingly calling the U.S. president’s bluff to prove how tough he can be. Meanwhile, Harvey continues to batter the Texas coast and is forecast to […] More
