Archive for October 24th, 2016

Foreign Exchange Insights and Next Week

The Rest of this Week

October 24, 2016

Central Banks: Monetary policy meetings in Russia, Israel, Norway, Sweden, Ukraine and Hungary. Bank of Canada Governor Poloz, ECB President Draghi, and Bank of England Governor Carney speak publicly as does Atlanta Fed President Lockhart. U.S. Data Releases: The monthly FHFA and Case Shiller house price indices, new home sales, pending home sales, durable goods […] More

New Overnight Developments Abroad - Daily Update

Favorable Developments

October 24, 2016

Stocks strengthened. Long-term bond yields slipped a bit. Preliminary purchasing managers indices in October beat expectations. Japan’s trade surplus widened on better-than-anticipated exports. Portugal’s credit rating avoided a downgrade. Spain’s stalled politics took a step forward. Corporate news has been more supportive than assumed. The dollar is narrowly mixed. it’s up 0.2% against the yuan […] More