Archive for September 24th, 2012

Central Bank Watch

Bank of Israel: Key 2.25% Interest Rate Left Unchanged

September 24, 2012

A high level of global growth risks and projected in-target Israeli CPI inflation of slightly more than 2.0% featured prominently in the Bank of Israel’s decision not to change its 2.25% benchmark interest, according to a released statement after the latest monthly policy meeting. Inflation is targeted between 1% and 3%.   Meetings in July and […] More

New Overnight Developments Abroad - Daily Update

Fresh Euroscepticism as German and French Leaders Disagree

September 24, 2012

Risk aversion staged a comeback as the final week of the third calendar quarter got under way. In European trading, share prices have fallen by 1.6% in Spain, 1.5% in Italy, 1.2% in France, 0.6% in Germany, and 0.5% in Britain. In the Pacific Rim, stocks fell 1.3% in Vietnam, 0.7% in Malaysia, 0.5% in […] More