New Overnight Developments Abroad - Daily Update

Dollar Firmer As Fourth Quarter Commences

October 1, 2026

The weighted DXY dollar index is at a 17-month high and 0.4% above the third quarter’s closing level. Overnight gains range between 0.3% and 0.4% against the yen, euro, sterling, kiwi and won and 0.5-0.6% relative to the Mexican peso and Indonesian rupiah. The dollar is unchanged against the Aussie dollar and Swiss franc and […] Read Article

Foreign Exchange Insights and Next Week

Next Week’s Menu: September 26 – October 2, 2026

September 25, 2026

Central Banks: Interest rate meetings will be held in Colombia, Australia and Jamaica. Speaking publicly during the period will be RBA Governor Bullock, MPC members Mann and Ramsden of the Bank of England, Sleijpen of the ECB and Goolsbee, Musalem, Barkin, Kashkari, Williams, and Collins of the Federal Reserve. The Bank of Japan publishes its […] Read Article

Central Bank Watch

Central Bank Interest Rate Hikes in Jamaica and Australia

September 29, 2026

Late yesterday came an announcement from the Bank of Jamaica of a 50-basis point increase in its policy interest rate to 6.0%, marking the first increase since November 2022. A released explanation of this directional rate reversal notes that since the prior policy review in August,  The escalation of tensions in the Middle East and […] Read Article

Deeper Analysis

September and Third Quarter in Figures

September 30, 2026

The most dramatic financial market change during the third quarter was not in the price of oil but rather a 42%  advance in the price of Bitcoin, nearly a fifth of which occurred in September. Nonetheless, a 30% jump in the price of West Texas Intermediate crude oil, along with a manic debate over the […] Read Article

New Overnight Developments Abroad - Daily Update

Elevating Inflation Shared by Many Economies as 3Q Draws to a Close

September 30, 2026

The dollar and U.S. equity futures marked time overnight as investors await key U.S. growth and inflation indicators. The U.S. currency is 0.1% softer against the yen, euro, Swiss franc, Canadian dollar, and kiwi. President Trump strengthened his pitch for a self-regulating AI industry. Stock markets in the Pacific Rim on this final session of […] More

New Overnight Developments Abroad - Daily Update

More Central Bank Hikes Despite Lower-Than-Feared Oil Prices

September 29, 2026

Any U.S.-Iranian ceasefire deal before the U.S. midterm elections seems highly unlikely. And yet, the West Texas Intermediate price of crude oil settled back 0.8% from Monday’s closing level and at $91.86 is much closer to $90 than triple-digit territory. Somewhat greater traffic is moving through the Strait of Hormuz, and oil users are doing […] More

New Overnight Developments Abroad - Daily Update

Still No Deal to Reopen the Strait of Hormuz Yet Diplomatic Option Not Yet Abandoned

September 28, 2026

(120) Following President Trump’s “no deal” answer to Iran’s latest peace proposal, the West Texas Intermediate and Brent prices of crude oil have shot up around 4%. In turn, ten-year sovereign debt yields are up six basis points in the United States and Spain, eight bps in Italy, seven bps in France and four bps […] More

New Overnight Developments Abroad - Daily Update

A Respite from the Storm

September 25, 2026

At the end of this hectic week, world investors are taking a breather. It’s been a light session from a data release standpoint, and folks await news from this final day of the two-day summit between the political leaders in China and the United States in NYC. A looming distraction in the background as been […] More

Central Bank Watch

Norwegian Central Bank Rate Hike Was Anticipated

September 24, 2026

At the Bank of Norway, the policy rate was raised by 25 basis points in follow-up to a similar hike done earlier this year in May. The new 4.5% rate level returns as a result to the peak maintained from December 2023 until June 2025. Back in June, monetary officials had given a heads up […] More

New Overnight Developments Abroad - Daily Update

Bond Market Debacle, Xi-Trump Summit, and More Central Bank Policy Decisions

September 24, 2026

With Japanese markets opening for their first session of this week, sharp rises occurred today in ten-year sovereign debt yields around the Pacific Rim, amounting to 15 basis points in New Zealand, 13 basis points in Australia, 11 basis points in Japan, 8 basis points in Singapore and 7 bps in South Korea. That set […] More

Central Bank Watch

South African Reserve Bank Rate Increase Today Not a Surprise

September 23, 2026

the key interest rate of the South African Reserve Bank was raised by 25 basis points to 7.25%, but the hike was not unexpected even though consumer price inflation currently of 4.4% happens to be hovering in the middle of the 3-6% target range. A statement explaining today’s action declares “We see upside risks to […] More

New Overnight Developments Abroad - Daily Update

Firmer Dollar, September PMI Surveys & Interest Rate Decisions from Three Central Banks

September 23, 2026

The dollar advanced overnight by 0.8% versus the won and peso, 0.7% against the Australian dollar, 0.6% versus the New Zealand dollar, 0.5% relative to sterling, and 0.3% vis-a-vis the yen, Canadian dollar, Swiss franc and euro, which got as low as $1.1400 for the first time in 8 weeks. In spite of White House […] More

New Overnight Developments Abroad - Daily Update

Deal or No Deal Choice Revised to Deal or Annihilate

September 22, 2026

The past 24 hours have been very volatile for energy prices. A slide in oil prices extended into Monday evening, but a reversal has seen the price of West Texas Intermediate crude climb around $4 in the last six hours to $96.75 per barrel. General anxiety even if generated by the U.S. president once again […] More

Deeper Analysis

Second-Quarter Growth

September 21, 2026

Among second-quarter year-on-year comparisons, real gross domestic production expanded 2.1% in the United States, noticeably faster than growth of 1.2% in the U.K., 1.2% in Euroland, 1.1% in Canada, or 0.9% in Japan. Within the euro area, growth rates in Germany (1.0%), France (0.5%), Italy (1.0%), Belgium (0.5%), and the Netherlands (1.3%) were below the […] More

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