Archive for July 18th, 2012

Central Bank Watch

Bank of Canada Monetary Policy Report Update

July 18, 2012

New forecasts by the Bank of Canada embodied in its Policy Report Update released today show a weaker profile for 2012 than envisaged three months ago.  Activity doesn’t strengthen much further next year, either.  Even in 2014, GDP is expected to expand by less than 1.5% in the euro area, less than 1.0% in Japan, […] More

New Overnight Developments Abroad - Daily Update

Lower Long-Term Interest Rates and a Focus on Monetary Policies

July 18, 2012

The yields on 10-year German bunds, British gilts and Japanese JGBs edged down by three, two and one basis points.  A drop is also signaled in U.S. Treasury yields.  Over the month since June 18, German bund and British gilt yields have dropped by 21 and 18 basis points.  Treasury and JGB yields are down […] More