Archive for December 12th, 2014

Foreign Exchange Insights and Next Week

Next Week

December 12, 2014

Central bank policy meetings will be held next week in the United States and Japan.  This FOMC meeting sees the release of updated forecasts and will be followed by followed by a press conference.  Other central banks with scheduled policy meetings next week are in Sweden, the Czech Republic, Hungary and Thailand.  Minutes of the […] More

Central Bank Watch

Peruvian Central Bank Rate Left at 3.5%

December 12, 2014

The last of many central bank policy announcements on Thursday confirmed that the Central Reserve Bank of Peru left its benchmark interest rate at 3.5% as most analysts were expecting.  The policy interest rate had previously been cut three times by 25 basis points each at meetings held in November 2013 and July and September […] More

New Overnight Developments Abroad - Daily Update

European Share Prices Significantly Lower… And Oil Off Another 1.3% to $59.10

December 12, 2014

Equities have fallen 1.6% in Paris, 1.4% in Madrid, Milan and Zurich, 1.5% in London and 1.2% in Frankfurt.  Stocks closed down 0.9% in India, 0.3% in Hong Kong and 0.2% in Australia but rose 0.7% in Japan, 0.3% in China and South Korea, and 0.2% in New Zealand, Singapore and Taiwan. Key sovereign debt […] More