Foreign Exchange Insights and Next Week
Next Week
January 22, 2016
Central Bank Scene: Interest rate policy meetings are being held at the Federal Reserve (no press conference to follow), Bank of Japan (where new price and growth forecasts will be unveiled), Reserve Bank of New Zealand, South African Reserve Bank, Bank of Colombia, Bank of Israel, Magyar Nemzeti Bank, and Bank of Russia. Politics: Portuguese […] More
New Overnight Developments Abroad - Daily Update
Belief that Oil Prices Have Bottomed Grabs Market
January 22, 2016
In this early year of extreme market volatility, movements in oil — mostly downward until now — have dictated the tone in stocks, bonds, currencies and other commodities each day. From as low as $26.19 per barrel (weakest since May 2003) two days ago to as high as 31.04 per barrel today, West Texas Intermediate […] More