Archive for April 21st, 2010

Deeper Analysis

IMF Growth Projections and the Dollar

April 21, 2010

The evolution of quarterly growth projections by the IMF provide a useful gauge for charting shifting sentiment for different regions of the world economy.  New GDP growth forecasts for 2010 are compared below to estimates released by the IMF three months ago and in October, July and April of last year.  The oldest set of […] More

Central Bank Watch

Bank of Thailand Retained a 1.25% Benchmark Rate

April 21, 2010

Until domestic political unrest erupted earlier this month in Thailand, the central bank there had appeared set to lift its record low policy interest rate this week.  A hawkish statement had been released following the prior meeting on March 11th that observed a reduced downside risk to growth and declared that such “has significantly lessened […] More

New Overnight Developments Abroad - Daily Update

Greek IMF Talks Began Today and G-20 Meeting Starts Tomorrow

April 21, 2010

The dollar has slid 0.3% against sterling and the Canadian dollar.  The greenback is off 0.1% versus the kiwi, flat relative to the yen and Swissy, but up by 0.2% against the euro and 0.1% against the Australian dollar.  Talks began today in Athens with the EU and IMF to activate emergency aid for Greece.  […] More