Archive for October 14th, 2016

Foreign Exchange Insights and Next Week

Next Week

October 14, 2016

Final Trump/Clinton Presidential Candidates Debate: Wednesday October 19 at 21:00 EDT from Las Vegas (at UNLV campus). Central Bank Developments: Monetary policy meetings scheduled for the euro area, Canada, Brazil, Turkey, Chile, and Indonesia. The Fed publishes the Beige Book of regional economic trends. The Bank of Canada publishes latest Monetary Policy Report. Draghi of […] More

Central Bank Watch

Unchanged Monetary Policy in Singapore

October 14, 2016

Interest rate policy in Singapore is subordinated to an exchange rate target corridor, defined by the following three elements: the band’s width, midpoint and slope. The Monetary Authority of Singapore assesses the policy stance twice a year in April and October. Policy was loosened at both meetings of 2015 by flattening the upward slope of […] More

New Overnight Developments Abroad - Daily Update

Chinese Price Data Lend Support to Investor Sentiment

October 14, 2016

The perceived strength of the Chinese economy continues to exert enormous influence over market sentiment. Poor trade data on Thursday sent global stocks tumbling, but today’s price reports indicated higher-than-expected inflation and generated a relief rally. Chinese consumer prices advanced 0.7% on month in September and 1.9% on year, the biggest 12-month increase since a […] More