Archive for January 17th, 2011

Central Bank Watch

Bank of Canada Preview

January 17, 2011

The first of eight scheduled interest rate policy announcements in 2011 is set for 14:00 GMT on Tuesday.  Canadian monetary officials have three options: 1) keep policy in a pause and provide no hint of an increase at the next opportunity in early March, 2) make no immediate rate hike but start the process of […] More

New Overnight Developments Abroad - Daily Update

Spotlight on EcoFin as U.S. Observes MLK Day

January 17, 2011

The dollar rose 0.8% against the euro but fell 0.9% against the kiwi.  Otherwise, the dollar shows gains of 0.4% against the Australian dollar and 0.3% relative to the Swiss franc and declines of 0.3% against the yen, 0.2% versus sterling and 0.1% against the Canadian dollar. Chinese equities plunged 3.8% in the wake of […] More