Central Bank Watch
National Bank of Romania
January 7, 2016
Romania’s central bank Board left the monetary policy interest rate at 1.75%, a record low and the level since a cut last May. The reserve requirement was lowered by two percentage points to 12.0%, and a released statement Observed that inflation remains negative versus a 1.5-3.5% target. Projected that “the annual inflation rate will return […] More
New Overnight Developments Abroad - Daily Update
Intensifying Market Volatility
January 7, 2016
What’s hot: Traditional hard currencies like the yen, euro and Swiss franc. Also Treasuries and other sovereign debt. Also gold. What’s cold: Oil and other commodities. Commodity currencies, the renminbi, sterling and the dollar. Equities and other risky assets. Market movements: The dollar has appreciated 1.2% against the Australian dollar, 0.6% versus the yuan, 0.5% […] More
New Overnight Developments Abroad - Daily Update
Intensifying Market Volatility
January 7, 2016
What’s hot: Traditional hard currencies like the yen, euro and Swiss franc. Also Treasuries and other sovereign debt. Also gold. What’s cold: Oil and other commodities. Commodity currencies, the renminbi, sterling and the dollar. Equities and other risky assets. Market movements: The dollar has appreciated 1.2% against the Australian dollar, 0.6% versus the yuan, 0.5% […] More
