Archive for September 30th, 2013

Deeper Analysis

September and the Third Quarter in Figures

September 30, 2013

The dollar traded lower in September except against the yen.  Share prices advanced pretty strongly, and bond yields settled back, spurred by the Fed’s surprise decision not to taper just yet.  The prices of gold and oil fell.  During the third quarter, equities climbed, but the dollar eased against the currencies covered in this feature. […] More

Central Bank Watch

National Bank of Colombia Eases Again

September 30, 2013

Colombia’s monetary policy rate had held steady at 5.25% for fifteen months, but easing resumed in the third quarter of 2013 with cuts of 25 basis points at the start of July, 50 bps in August and another 25 bps to 4.25% today.  An accompanying statement explains, “The resumption in disinflation has enabled a new […] More

New Overnight Developments Abroad - Daily Update

Lots of Monthend Data and a Likely U.S. Government Shutdown Tomorrow

September 30, 2013

Stocks were whacked overnight in Asia and Europe on prospects for a shutdown of the U.S. federal government.  Share prices plunged 3.0% in the Philippines, 2.4% in Indonesia, 2.1% in Japan, 1.8% in India, 1.7% in Australia, 1.5% in Hong Kong, 1.3% in Singapore, and 1.0% in New Zealand.  Losses thus far in Europe amount […] More