Archive for May 7th, 2018

Central Bank Watch

National Bank of Romania

May 7, 2018

Romania’s central bank Board hike the monetary policy rate by 25 basis points today to 2.50%. This action followed an initial 25-bp increase done in January. These two moves reverse half the total one percentage point rate reduction that occurred previously during the first five months of 2015. In a released statement, the move is […] More

New Overnight Developments Abroad - Daily Update

WTI Oil Above $70 Per Barrel for First Time Since Thanksgiving 2014

May 7, 2018

Compared to closing levels before the weekend, the dollar has climbed 0.8% against the peso, 0.4% relative to the euro, 0.2% vis-a-vis the yen, Swiss franc and Australian dollar, and 0.1% vis-a-vis the yuan. Sterling and the Canadian dollar are 0.3% and 0.1% firmer, and the kiwi is unchanged. The Indonesian rupiah weakened through the […] More

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