Archive for April 28th, 2015

Foreign Exchange Insights and Next Week

The Case Against Fed Tightening as Soon as June

April 28, 2015

Tomorrow’s Federal Open Market Committee statement is likely to plant a strong clue if an interest rate hike in June remains a possibility.  Being committed to a data-driven policy, officials will not be in a position to know definitively now whether tightening can begin at the following policy meeting on June 17, but tomorrow’s U.S. […] More

New Overnight Developments Abroad - Daily Update

Several Themes Affecting Markets

April 28, 2015

Most European stock markets are lower with a notable exception of Greece.  The Greek debt negotiating team was changed, but Prime Minister Tsipras made remarks that failed to signal enhanced prospects for an agreement.  He implied that any deal involving more austerity may be subject to approval by a referendum of Greek voters, and he […] More