Central Bank Watch
September 15, 2026
The Central Bank of Armenia’s refinancing rate has been increased to 6.75% from 6.50%, reversing a 25-basis point cut implemented last December. The rate had been as high as 10.75% in the first half of 2023. From a low point of -1.7% early in 2024, consumer price inflation has re-accelerated to 4.4%. Officials target medium-term […] More
Tags: Central Bank of Armenia, National Bank of Angola
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New Overnight Developments Abroad - Daily Update
September 15, 2026
The Brent and West Texas Intermediate crude oil prices climbed by a further 2.4% and 2.8% overnight. The Middle East’s stalemate keeps subjecting interest rates to upward pressure. The 30-year, 10-year and 3-month U.S. Treasury yields are 1, 1, and 2 basis points higher than yesterday, while ten-year sovereign debt yields in other economies have […] More
Tags: Central Bank of Armenia, Chinese retail sales and industrial production, Euroland and German ZEW expectations index, Euroland trade surplus, National Bank of Angola
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New Overnight Developments Abroad - Daily Update
September 14, 2026
The Strait of Hormuz remains all but shut, and now Saudi Arabia’s East-West oil pipeline has been forced to close as well. The Brent and West Texas Intermediate prices of crude oil both jumped slightly more than 4.0% to start this week, increasing the perceived odds that central banks including the Federal Reserve, which reviews […] More
Tags: Central Reserve Bank of Peru, CPI in Finland and Sweden, State Bank of Pakistan
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New Overnight Developments Abroad - Daily Update
September 11, 2026
Although U.S. August consumer price data could have been worse, the report packed enough warning signs to leave investors more convinced that the FOMC will raise its interest rate target for the first time since July 2023. The overall CPI index increased 0.4% month-on-month, most since April, and a core CPI increase to 0.3% above […] More
Tags: British GDP and industrial production, Central Bank of Russia, Central Reserve Bank of Peru, U.S. CPI
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Central Bank Watch
September 10, 2026
Central bank rate announcements today by the European Central Bank, National Bank of Serbia and Central Bank of Turkey each link policy closely to uncertainty created by the conflict between the United States and Iran. The ECB’s trio of policy interest rates was raised by 25 basis points as markets were widely expecting. The all-important […] More
Tags: Central Bank of Turkey, European Central Bank, National Bank of Serbia
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New Overnight Developments Abroad - Daily Update
September 10, 2026
The price of oil measured by both Brent (+5.3%) and West Texas Intermediate (+5.0% to $101 per barrel) is in triple-digit territory for the first time since mid-May. The Iranian allied Houthis scored a major tactical advantage in the Middle East war, Saudi Arabian oil production has been squeezed to a 35-year low, and the […] More
Tags: Central Bank of Turkey, European Central Bank, National Bank of Serbia, U.S. producer prices
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New Overnight Developments Abroad - Daily Update
September 9, 2026
The Middle Eastern war has settled into a nasty game of chicken as both sides escalate their military attacks. Brent and West Texas Intermediate crude oil prices are each over 3.0% higher today alone at $101.15 and $96.37 per barrel. In turn, 10-year sovereign debt yields today so far have risen nine basis points in […] More
Tags: Bank of Thailand, Chinese CPI and PPI, Narodowy Bank, National Bank of Georgia, oil price elevation
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New Overnight Developments Abroad - Daily Update
September 8, 2026
The Middle Eastern war has taken a turn for the worse. Houthi attacks against Saudi Arabia have damaged energy infrastructure, and the $93.47 current price of West Texas Intermediate crude oil is more than 2.0% higher so far today. Israeli attacks in Lebanon have intensified, and the U.S. tariff war with neighboring Canada is more […] More
Tags: Chinese trade and Japanese current account surpluses, Japanese 2Q25 GDP, South African GDP
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New Overnight Developments Abroad - Daily Update
September 7, 2026
(123) Like so many other weekends this year, developments around the Strait of Hormuz did not support claims that progress is being made on the diplomatic front. Oil prices are around 1% higher than last week’s closing levels. Speculation is high that central bank interest rates will be lifted later this month at both the […] More
Tags: Euroland GDP and employment growth, German industrial production, Japanese and Chinese reserves
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Central Bank Watch
September 4, 2026
The National Bank of Kazakhstan’s scheduled policy review sent a mixed message, cutting the base rate by 50 basis points to 16.25% rather than 25 bps as was expected but also signaling hesitation against further reductions when looking ahead. The favorable dynamics of current inflation and inflation expectations created room to lower the base rate […] More
Tags: National Bank of Kazakhstan
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