Foreign Exchange Insights and Next Week
Can the Global Economy Handle Fed Tapering?
January 30, 2014
Being in unchartered waters, that’s a matter that remains to be answered in the months ahead. Given the high level of uncertainty, it’s not surprising for the investment community to feel uneasy. Sovereign debt markets shuddered at the first whiff of tapering plans late last spring, and emerging markets have been battered lately now that […] More
New Overnight Developments Abroad - Daily Update
After the Taper and Before the GDP Release
January 30, 2014
The Federal Reserve reduced its QE3 stimulus for a second time on Wednesday, and now investors await today’s release of 4Q U.S. GDP data as well as weekly jobless insurance claims and monthly pending home sales. Many overseas economic statistics were also released. China’s five-day-long Lunar New Year celebration begins tonight. Several other Asian markets […] More