Foreign Exchange Insights and Next Week
Next Week
August 17, 2012
Monetary officials hold interest rate policy meetings next week in New Zealand, Iceland, and Poland, and minutes will be released from early-August meetings of the FOMC and Reserve Bank of Australia. German Chancellor Merkel will be holding separate bilateral discussions with French President Holland and Greek Prime Minister Samaras. Scheduled U.S. data to be released […] More
Foreign Exchange Insights and Next Week
Endless Waiting for Uncertainty to Lift
August 17, 2012
Uncertainty continues to be one of the most frequently heard financial market buzzwords. The term encompasses the reality that many pertinent pieces of influential information cannot be guesstimated accurately. Investors end up sitting on the sidelines, waiting in vain for some clarification that never comes. Consensus expectations aren’t necessarily frozen, but opinions are held with […] More
New Overnight Developments Abroad - Daily Update
Hope Holding Regarding Ezone Crisis Resolution
August 17, 2012
German Chancellor Merkel endorsed ECB Pdt Draghi’s conditional commitment to aiding peripherals and the promise to preserve the euro. Spanish 10-year sovereign debt yields remain well below the 7% threshold at 6.49%, and Italian 10-year sovereign debt are a tad below 5.8%. The ten-year German bund and British gilt yields firmed a basis point. The […] More
