Foreign Exchange Insights and Next Week
Correlated Global Financial Markets
September 14, 2016
Domestic stock and bond markets moved pretty much in lockstep during the week between September 7 and 14th. In that span, ten-year sovereign debt yields rose by 16, 15, 21, and 18 basis points in the United States, Germany, Great Britain and Canada but just 3 basis points in Japan, which unlike the other instances, […] More
Central Bank Watch
Bank of Thailand
September 14, 2016
Thailand’s Monetary Policy Committee voted unanimously to again leave policy on hold. The overnight repo rate has been at 1.50% since the last reduction in April 2015. A released statement projects growth slightly above 3.0% but also stresses an abundance of domestic and external uncertainties. Inflation is barely above zero but expected to rise into target […] More
New Overnight Developments Abroad - Daily Update
A Fearful Mood in the Marketplace
September 14, 2016
Investor confidence has turned very fragile because of The erosion of Clinton’s lead. A Trump victory is expected to be followed by vast changes in U.S. policy on a wide range of policies and procedures. Signs that monetary stimulus has hit the wall of diminishing returns even as global growth remains lackluster and inflation too […] More
