New Overnight Developments Abroad - Daily Update

Awaiting January U.S. Jobs Data and Puzzling Over Other Weird News

February 11, 2026

The Labor Department’s monthly employment situation report, which will in addition include a variety of revisions to past data, is due within the hour. Analysts are anticipating an unchanged 4.4% jobless rate, marginally softer wage growth of some 3.6% year-on-year and a rise of less than 75k jobs. The U.S. FAA has grounded all air […] Read Article

Foreign Exchange Insights and Next Week

Next Week’s Menu: February 7-14, 2026

February 6, 2026

Central Banks: Interest rate settings will be reviewed in Russia, Peru, Serbia, Egypt and the Philippines. Hammack, Bostic and Logan of the Federal Reserve and Hunter and Hauser of the Reserve Bank of Australia will be speaking publicly. Japanese Holiday and Event: National Foundation Day falls on Tuesday, and lower house parliamentary elections are set […] Read Article

Central Bank Watch

Central Bank of Colombia Undertakes Surprise Full Percentage Point Interest Rate Hike in Vote that Split Policymakers

January 31, 2026

Colombia’s benchmark interest rate had been cut by total of 400 basis points from a peak of 13.25% and starting with a 25-basis point reduction in December 2023. The most recent cut, also of 25 bps, had been done nine months ago. No rate change had been anticipated at the first policy review of 2026, […] Read Article

Deeper Analysis

January 2026 in Figures

January 31, 2026

The most spectacular financial market changes last month involved precious metals, whose prices posted impressive net gains despite enormous sell-offs on the final trading day of the month. At record peaks of $121.79 per ounce for silver and $5,626.8 for gold, those metal had accrued gains of 72% and almost 30%, but closed with net […] Read Article

Larry's Blog

Inconsistencies in the MAGA Agenda

February 11, 2026

Masks are the latest issue where far right politicians have taken strong stands both opposing and embracing an issue. In the early days of Covid when medical authorities believed that the spread of the pandemic could be slowed down by the wearing of masks, Republicans politicized that public health suggestion, calling it an affront to […] More

New Overnight Developments Abroad - Daily Update

Many Data Releases and a Chinese Warning about U.S. Treasury Exposures and the Dollar

February 10, 2026

U.S. retail sales, import prices and the employment cost index get released within the hour followed tomorrow by January labor market figures tomorrow and consumer prices data on Friday. Meanwhile, many economic statistics from other countries were reported earlier today, with a particular emphasis on consumer price inflation and industrial production. A second area of […] More

New Overnight Developments Abroad - Daily Update

Weaker Dollar and Huge Election Victory for Japanese PM Takaichi’s LDP Party

February 9, 2026

(153) In lower house Japanese parliamentary elections yesterday, the ruling Liberal Democratic Party won 316 of 465 contested seats, up from 198 in the previous election and exceeding their prior record high of 300 in the 1986 election. Yesterday’s landslide win also surpasses the two-thirds threshold that will prevent the lower house from stopping any […] More

New Overnight Developments Abroad - Daily Update

Crazy Volatility in the Marketplace

February 6, 2026

After a week of insane financial market movement, this Friday in particular has a TGIF aura to it. At lows around $60,000, Bitcoin’s price had corrected more than 50% from its record high last October. The price of silver soared to almost $121/ounce just over a week ago but has now edged a tad below […] More

New Overnight Developments Abroad - Daily Update

Fresh Anxiety about Coming AI Disruption Adding to Existing Worries about Trade & Geopolitical Tensions

February 5, 2026

The jittery mood of investors is generating big and sudden swings in world financial markets. While last year showcased a suspect dollar but buoyant equity markets, stocks, Bitcoin and precious metals have lately been the objects of most volatility. In overnight action up to this morning’s interest rate decision announcements by the the European Central […] More

New Overnight Developments Abroad - Daily Update

Many Purchasing Manager Surveys, Euroland CPI and PPI Reports and a Trio of Interest Rate Decisions

February 4, 2026

Gold and silver prices remain strongly bid this Wednesday following sharp rebounds yesterday. Ahead of this weekend’s snap lower house elections,the yen traded 0.2% lower overnight, bringing is relapse since Friday to 2.4% against the dollar. Prime Minister Takaichi’s Liberal Democratic Party appears likely to increase its parliamentary seat total, which would facilitate the pursuit […] More

New Overnight Developments Abroad - Daily Update

Softer Dollar, Stronger Equities, and an Australian Central Bank Interest Rate Hike that Was Generally Anticipated

February 3, 2026

The dollar fell most sharply overnight against the Australian dollar (-0.8%) and kiwi (-0.5%) but also dipped 0.1% relative to the Swiss franc and Canadian dollar. There’s been no net change relative to sterling or the euro and a 0.2% rise against the yen. Favorable corporate news played a big role in yesterday’s U.S. stock […] More

New Overnight Developments Abroad - Daily Update

Groundhog Day Ushers in February

February 2, 2026

(154) The 1993 movie Groundhog Day showcased a seemingly endless loop of life, constantly reliving the same day. So it is that this Groundhog Day kicks of a new week and month but with a slew of familiar geopolitical tensions, central banking uncertainties, and one-hand/other-hand economic risks. Like most months, this opening day’s menu has […] More

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 31 – February 6, 2026

January 30, 2026

Central Banks: Monetary policy reviews are scheduled at the European central bank and in Australia, the U.K., India, Iceland, Mexico, Poland, and the Czech Republic. A slew of public speaking engagements by various central bankers, several like Bailey of the Bank of England, Bullock of the Reserve Bank of Australia and Lagarde of the ECB […] More

New Overnight Developments Abroad - Daily Update

Dollar and 10-Year Treasury Bond Yield Up but Not U.S. Equities in Wake of Warsh Nomination for Next Fed Chairmanship

January 30, 2026

Since markets closed in the U.S. yesterday, the dollar has strengthened by 0.9% against the Japanese yen. 0.5% relative to the euro and sterling, 0.4% versus the Swiss franc and 0.3% against the Canadian dollar. The 10-year Treasury yield is two basis points firmer, and West Texas Intermediate oil has extended Thursday’s rise by another […] More

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