Archive for September 16th, 2016

Foreign Exchange Insights and Next Week

Next Week

September 16, 2016

Central Banks: Monetary policy meetings planned at the Fed, Bank of Japan, Reserve Bank of New Zealand, Bank of Norway, Bank Indonesia, Central Bank of the Philippines, South African Reserve Bank, and Central Bank of Hungary. Fed Chair Yellen and BOJ Governor Kuroda hold press conferences. ECB President Draghi and Bank of Governor Poloz speak […] More

Central Bank Watch

Central Bank of the Federation of Russia

September 16, 2016

The Bank of Russia as expected reduced its policy interest rate to 10.0% from 10.5%. This was the second cut of 2016 following a similarly sized reduction in June. In 2015, central bank rate cuts in January, March, April, June and July totaled seven percentage points. Monetary officials released a statement after their meeting calling […] More

New Overnight Developments Abroad - Daily Update

Share Prices Down in Europe as Week Draws to a Close

September 16, 2016

Equities have fallen 1.6% in Italy, 0.6% in Spain, 0.5% in Germany, 0.4% in France, 0.3% in Switzerland, and 0.2% in Greece. ┬áThe British Ftse is flat, and stocks earlier rose 1.1% in Australia, 0.9% in New Zealand, 0.8% in Singapore, and 0.7% in Japan and India. Many Asian markets — for instance, China, Taiwan, […] More