Foreign Exchange Insights and Next Week
Might the Dollar Finally Be Embarking on a Substantial Uptrend?
August 6, 2014
For some time now, the potential for significant dollar appreciation against other advanced country currencies has been widely apparent based on divergent monetary policies and the greater economic vulnerability of Europe and Japan to a geopolitical landscape that’s deteriorating by the the week. If the dollar is has begun a big move, these remain early […] More
Central Bank Watch
Bank of Thailand Keeps Accommodative Policy Stance
August 6, 2014
Thailand’s Monetary Policy Committee sets interest rate policy. The benchmark interest rate has been at 2.0% since a 25-basis point cut announced on March 12 and decided by a thin vote of 4-3. That easing culminated six such moves, the first five of which were engineered in November 2011, January and November 2012, May 2013 […] More
New Overnight Developments Abroad - Daily Update
Bad Market News on Several Fronts
August 6, 2014
Share prices fell 1.1% in Japan and are down by 3.0% in Italy, 2.0% in Spain, 1.5% in Germany, 1.2% in Britain and France, and 1.1% in Switzerland thus far. Earlier, stocks closed down 0.9% in India, 0.3% in China, Hong Kong, and South Korea and by 0.2% in New Zealand, Indonesia and Singapore. The […] More
