Archive for July 15th, 2014

Central Bank Watch

Bank of Japan

July 15, 2014

The Policy Board deliberated for five hours five minutes over two days.  Monetary policy, which last changed in a significant way fifteen months ago, was deemed appropriate to continue as is.  The economic forecast of moderate recovery, stationary core CPI inflation near term but then rising gradually, and higher expected inflation was maintained as well.  […] More

New Overnight Developments Abroad - Daily Update

Steady Dollar in Spite of Lots of Developments

July 15, 2014

The dollar is unchanged against the euro, yen, yuan and Swiss franc.  The greenback has risen 0.2% versis the Aussie dollar and 0.1% relative to the loonie but has also declined 0.4% against sterling. Stocks rose somewhat in the Pacific Rim but are lower in Europe.  Equities advanced 1.0% in Indonesia, 0.9% in India and […] More