Foreign Exchange Insights and Next Week
Next Week
April 15, 2011
Next week is book-ended by the IMF meetings in Washington at the start and the Good Friday/Easter holidays at the end. Central banks in Brazil, Sweden, Thailand and Hungary hold interest rate meetings, and the Reserve Bank of Australia and Bank of England release minutes of their meetings early this month. The main theme of […] More
Foreign Exchange Insights and Next Week
Some Central Banks Better Prepared for Inflation than Others
April 15, 2011
Evidence of an upturn in inflation continues to mount and can be found in a wide array of economies. Take the United States where consumer prices recorded a 12-month 2.7% rate of increase in March, up from 1.7% in November, and advanced at a 6.1% annualized pace between December and March, almost twice the pace […] More
New Overnight Developments Abroad - Daily Update
Many Data Releases and Ireland Gets a Ratings Downgrade
April 15, 2011
Moody’s downgraded Irish debt by two notches and left the outlook negative. Chinese GDP growth of 9.7% last quarter surpassed expectations of 9.4%. GDP had risen 10.3% in 2010 and 9.8% between 4Q09 and 4Q10. GDP advanced 2.1% quarterly between the final quarter of 2010 and first quarter of 2011. Other data, many of which […] More
