Archive for March 24th, 2014

Central Bank Watch

Bank of Israel

March 24, 2014

Israel’s benchmark central bank lending rate, which was cut by 25 basis points on February 24 and by 250 basis points since September 2011, was left unchanged at 0.75% after today’s monthly meeting. A statement from officials predicts that CPI inflation, which fell to 1.2% in the 12 months to February from 1.4% on year […] More

New Overnight Developments Abroad - Daily Update

Festering Geopolitical Tension and Mixed Purchasing Manager Survey Developments

March 24, 2014

The dollar opened unchanged against the loonie, kiwi, and sterling in the final week of the first quarter.  Itis up 0.4% against the Swiss franc, 0.3% versus the yen and 0.2% relative to the euro but down 0.3% against the Australian dollar. Despite another deterioration in Chinese manufacturing, Chinese equities and the yuan advanced by […] More