Foreign Exchange Insights and Next Week
Dollar Affected by Diverging Monetary Policy Stances
November 2, 2015
Quite a few central banks will be holding interest rate policy meetings this week. These include the Reserve Bank of Australia, which also releases a new quarterly policy statement and the Bank of England, whose meeting coincides with its quarterly Inflation Report. The list also includes central banks in Iceland, Thailand, Poland, Norway, Malaysia, the […] More
Deeper Analysis
Euroland’s Manufacturing PMI Advantage Widened Marginally in October
November 2, 2015
In October, Euroland’s manufacturing purchasing managers index rose 0.3 points to 52.3, a two-month high, while the U.S. PMI dipped 0.1 to 50.1, a 29-month low. Euroland’s 2.2-point advantage was the greatest since early 2014. Manufacturing tends to be strongly influenced by exchange rate movement. For the past six months, the euro has maintained a steady […] More
New Overnight Developments Abroad - Daily Update
Parade of Factory Purchasing Manager Surveys Yields Mixed Results for October
November 2, 2015
Today is the first business day of November and the beginning of standard time in North America. Many European countries observed All Saints Day on Sunday, and Japan celebrates Culture Day tomorrow. Share prices fell 1.7% in China, 2.1% in Japan, 1.4% in Australia, 1.1% in Hong Hong, 0.8% in Singapore and 0.4% in India. […] More
