Central Bank Watch
Reserve Bank of Australia Eases Policy Further… Not a Surprise
November 3, 2020
Policymakers at the Reserve Bank of Australia enacted their first Overnight Cash Rate (OCR) cut since March and introduced a program of government bond purchases, which will total A$ 100 billion over the coming six months and likely continue longer. Although the short-term economic outlook is better than at the time of the last full […] More
New Overnight Developments Abroad - Daily Update
U.S. Election Day Has Come, and Stocks Are Rallying Around the World
November 3, 2020
There is a mood of trepidation this Election Day. Record numbers were cast early, and the choice is considered the starkest in living memory. Fears center on the possibility of a contested outcome and ensuing violence, with interference from cyber meddling and other glitches in counting the results. Despite widespread agreement that America is going […] More
