Archive for July 24th, 2015

Foreign Exchange Insights and Next Week

Next Week

July 24, 2015

Central Banking Front:  Five central banks hold monetary policy reviews: Brazil, Russia, Israel, Mexico, and the Federal Reserve.  No press conference is scheduled after the FOMC statement, and markets do not anticipate a policy change.  The monthly ECB Bulletin will be published, and Governor Stevens of the Reserve Bank of Australia speaks publicly. Scheduled U.S. […] More

New Overnight Developments Abroad - Daily Update

Thank God It’s Friday as Risk-Off Mood Persists

July 24, 2015

Share prices in the Pacific Rim fell 1.8% in China, 1.2% in Hong Kong, 0.9% in South Korea, India and Indonesia and 0.6% in Japan. Comex gold dropped another 0.8% to $1,082.00.  West Texas Intermediate oil stayed below $50 but recovered 0.5% to $48.69 per barrel. Ten-year sovereign debt yields declined another five basis points […] More