Foreign Exchange Insights and Next Week
Next Week
September 26, 2014
Tuesday marks the end of September, the third quarter, and Japan’s fiscal half. China will be closed after Tuesday and for the remainder of the week to observe its National Holiday. German markets are shut Friday, October 3 for Unity Day, marking the the commemoration of the 24th anniversary of the reunification of former West […] More
Deeper Analysis
U.S. GDP Getting Better All the Time?
September 26, 2014
The third estimate of real GDP growth in the second quarter was 4.6%, up from 4.0% reported initially and 4.2% in the first revision. There were upward revisions to non-residential and residential investment, government expenditures, exports and imports. Inventory building lifted growth by 1.42 percentage points (ppts), up from 1.39 ppts estimated a month ago. […] More
New Overnight Developments Abroad - Daily Update
Market Catches Breath After Volatile Thursday
September 26, 2014
Overnight dollar movements amount to no net change against the euro, Swissie, sterling and kiwi, a gain of 0.3% versus the yen and 0.1% against the yuan and a dip of 0.1% relative to the Canadian and Australian dollars. Share prices in Europe rebounded 0.7% in France and Italy and 0.5% in Spain. Stocks are […] More
