Foreign Exchange Insights and Next Week
Next Week
September 25, 2015
Quarter-End: The coming week bridges the third and fourth quarters and also marks the end of the first half of Japan’s fiscal year. Holiday: China’s National Holiday, commemorating the the 66th anniversary of the Communist Revolution begins on Thursday and runs for several days. Manufacturing PMIs: will be reported for Austria, Australia, Japan, South Korea, […] More
New Overnight Developments Abroad - Daily Update
Dollar and European Equities Firm after Yellen Clarification
September 25, 2015
Fed Chair Yellen in a speech at the University of Massachusetts repeated that an interest rate hike by yearend is likely and indicated that she personally favored starting gradual rate normalization by then. Investors seem pleased with that clarification and reduction of policy uncertainty. Japanese core consumer prices fell 0.1% on year in August, returning […] More
New Overnight Developments Abroad - Daily Update
Dollar and European Equities Firm after Yellen Clarification
September 25, 2015
Fed Chair Yellen in a speech at the University of Massachusetts repeated that an interest rate hike by yearend is likely and indicated that she personally favored starting gradual rate normalization by then. Investors seem pleased with that clarification and reduction of policy uncertainty. Japanese core consumer prices fell 0.1% on year in August, returning […] More
