Archive for October 15th, 2012

Central Bank Watch

Peruvian Monetary Policy Kept on Hold

October 15, 2012

The main interest rate of the Central Reserve Bank of Peru was left at 4.25%, its level since a 25-basis point hike in May 2011 capped a ten-step uptrend from a trough of 1.25% in the Great Recession.  Five of those hikes totaling 175 bps were implemented between May 2010 and September 2010, and the […] More

New Overnight Developments Abroad - Daily Update

A Better Market Tone than Last Week

October 15, 2012

In Europe, share prices have advanced by 1.4% in France, 1.1% in Italy, 0.8% in Germany, 0.6% in Spain, and 0.5% in Britain.  Japan’s Nikkei closed up 0.5%, and equities also rose 0.5% in New Zealand.  Declines of 0.4% were posted in China and South Korea, however. The dollar has recovered 0.4% against the yen […] More