Archive for April 5th, 2010

Central Bank Watch

Reserve Bank of Australia Preview: Slight Edge to a Fifth Rate Hike Tuesday

April 5, 2010

The Reserve Bank of Australia has begun a gradual process of normalizing its key Official Cash Rate, having raised such last October, November, December, and March by 25 basis points each time.  The rhetoric of officials has been hawkish, stressing the following points: Australia was not affected by the world recession as much as anticipated […] More

New Overnight Developments Abroad - Daily Update

Numerous Markets Still Shut

April 5, 2010

The dollar is narrowly mixed, with gains of 0.2% against the euro and Swiss franc and declines of 0.5% against the Canadian dollar, 0.3% versus the kiwi, 0.2% relative to the yen and sterling and 0.1% against the Australian dollar. Most European centers remain closed for Easter Monday.  So are Australia, New Zealand and parts […] More