Archive for April 6th, 2016

Central Bank Watch

National Bank of Poland: No Policy Change

April 6, 2016

Thirteen months have elapsed since the second of two 50-basis point cuts in the central bank’s reference interest rate, which has been at 1.5% and flanked by a 2.5% Lombard rate and a 0.5% deposit rate.  A sstatement released after this month’s meeting of the Monetary Council expresses satisfaction with the current stance, which “is […] More

New Overnight Developments Abroad - Daily Update

Some Better PMI Results but Investor Mood Stays Guarded

April 6, 2016

Stocks in the Pacific Rim fell 1.7% in Taiwan and 0.1% in Japan and China but rose 0.4% in Australia, South Korea and Singapore. Share prices in Europe are mixed, with rises of 0.6% in the U.K. and Switzerland, 0.7% in Italy and 0.3% in France and Spain but drops of 0.7% in Greece and […] More