Larry's Blog
Short Note on Presidential Polls
September 26, 2016
The first debate between Hillary Clinton, the Democratic Party nominee, and Donald Trump, the Republican Party standard-bearer, takes place tonight. Presidential opinion polls now show a race that’s too close to call both nationally and in the key states that are likely to determine the outcome. Momentum is clearly behind Trump’s sail, however, since the […] More
Central Bank Watch
Bank of Israel
September 26, 2016
Israel’s central bank policy rate was left unchanged as expected at 0.1% at this month’s policy meeting. It’s been at 0.1% since a 15-basis point reduction in February 2015, and markets do not anticipate any rise over the coming year. Twelve earlier cuts of 25 basis points – three each per hear in 2011, 2012, […] More
New Overnight Developments Abroad - Daily Update
Stocks Pounded Overnight but Dollar Slightly Lower
September 26, 2016
Investors are worried that there’s no escape from the low interest rate global environment, that such will corrode the health of the financial sector, that Donald Trump will be America’s 45th president, and that oil producers will lack the cohesiveness to support energy prices. The first Trump-Clinton debate starts at 09:00 EDT tonight. Led by […] More