Central Bank Watch
Central Bank of Chile
June 17, 2016
Chile’s main central bank interest rate, which has been at 3.5% since 25-basis point hikes last October and December, was left unchanged at the June meeting. A released statement predicted more hikes in the future in a normalizing process but indicated that lower-than-expected inflation could limit such moves. “Partial second-quarter output and demand data reflect […] More
Central Bank Watch
Next Week
June 17, 2016
Special Events: Local Italian election in Rome on Sunday, June 19 and British referendum on Brexit on Thursday, June 23. Holiday: Greece on Monday for Holy Spirit Day. Central Banks: Janet Yellen, Chair of the Federal Reserve, gives semi-annual testimony (known formerly as Humphrey-Hawkins) before the Senate Banking Committee on Tuesday and House Financial Services Committee […] More
New Overnight Developments Abroad - Daily Update
Another Violent Act Slows Market Stampede into Safe Havens
June 17, 2016
Call it a second shot heard round the world. Campaigning was suspended by both the “leaves” and the “remains” ahead of next Thursday’s U.K. referendum on whether to stay in the EU or abandon such. This hiatus followed the assassination of MP Jo Cox, who had favored remaining in the European Union. Assets perceived […] More
