Archive for August 7th, 2015

Central Bank Watch

Bank of Japan Keeps Same Policy Stance and Economic Assessment

August 7, 2015

A statement almost identical in text the the prior one in July was released after five hours and 21 minutes of deliberations over two days by the Bank of Japan’s Policy Board.  In an assessment proclaiming the economy in continuing moderate recovery despite core inflation of around zero for now, housing construction was upgraded marginally, […] More

New Overnight Developments Abroad - Daily Update

A Slew of Market Factors this Friday

August 7, 2015

The dollar has risen 0.4% against the euro, loonie and sterling.  It got a boost from the monthly Labor Department jobs report, which showed Unchanged unemployment (5.3%), participation rate (62.6%), and jobs-to-population ratio of 59.3%. The creation of 215K nonfarm payroll jobs last month, slightly less than forecast, but a combined 14K upward revision to […] More