Archive for October 10th, 2014

Foreign Exchange Insights and Next Week

Next Week

October 10, 2014

The annual meeting of the IMF/World Bank continues place in Washington this weekend. A triple Monday holiday kicks off the week: Columbus Day in the U.S., Thanksgiving in Canada and Health/Sports Day in Japan. Central bank policy meetings are scheduled in South Korea, Chile and Serbia.  The Fed Beige Book of regional trends arrives on […] More

New Overnight Developments Abroad - Daily Update

Weak Data Fuels Further Selling Pressure on Oil and Equities

October 10, 2014

Equities sold off further in Asia and Europe. The dollar is mostly higher.  Many in the U.S. are observing a 3-day weekend for the Columbus Day holiday. WTI oil dropped more than 1% to $84.55. Gold is 0.2% softer. 10-year gilt yields are five basis points lower.  10-year sovereign debt yields remain below 1.0% in […] More