Archive for October 26th, 2015

Central Bank Watch

Bank of Israel

October 26, 2015

Israel’s monetary policy rate will stay at 0.10% in November, its level since a 15-basis point cut announced in late February.  CPI inflation of 0.4% remains less than zero, and core inflation is at 1.0%.  Expected inflation is stable, and GDP is expanding moderately.  The official statement notes that monetary policy stances are still quite […] More

New Overnight Developments Abroad - Daily Update

Further Evidence of the German Economic Resilience

October 26, 2015

The dollar fell overnight by 0.4% against the yen, loonie and kiwi, 0.3%relative to the euro and 0.2% against sterling. Share prices rose in the Pacific Rim but mostly are down in Europe.  The changes have been only moderate. The 10-year gilt yield is a basis point lower.  The 10-year JGB firmed a basis point. […] More