Foreign Exchange Insights and Next Week
Next Week
April 20, 2012
Next week’s calendar is crowded with central bank meetings at the Fed (including a Bernanke press conference), Bank of Japan (and the release of new macroeconomic forecasts), Megyar Nemzeti Bank, Bank of Mexico, and Bank of Israel. The first estimates of GDP growth arrive for Britain and the United States. Preliminary purchasing manager survey results […] More
Foreign Exchange Insights and Next Week
What an Absence of High Inflation Means for Currencies
April 20, 2012
Economists and investors see different primary economic threats. In the marketplace, a high level of fiscal deficit phobia continues. The fear is that fiscal excess accommodated by low central bank interest rates will produce accelerating inflation. Elevated commodity prices may constitute the foothills of that trend, and the pessimists also note that many emerging economies […] More
New Overnight Developments Abroad - Daily Update
Watching G20 Talks and French Election
April 20, 2012
Finance ministers and central bank leaders from the Group of Twenty meeting in Washington are talking mostly about the euro debt crisis. The first round of French Presidential elections on Sunday is expected to set up a run-off contest on May 6 between the incumbent center-right Sarkozy and the Socialist candidate, Francois Hollande. The term […] More
