Archive for November 4th, 2016

Central Bank Watch

National Bank of Romania Leaves Policy Stance Unchanged

November 4, 2016

The last change of Romania’s monetary policy rate was a 25-basis point cut in May 2015 that culminated a string of nine such reductions since the start of 2014. A statement released after the NBR’s latest review notes that CPI inflation will probably not rise above zero until early 2017 but projected a further increase […] More

Foreign Exchange Insights and Next Week

Next Week

November 4, 2016

Central Banks: Monetary policy meetings scheduled in New Zealand, Poland, South Korea, The Philippines, Thailand, Serbia and Peru. Minutes from the Bank of Japan’s last Board meeting get published. Constancio of the ECB, DeBelle of the Reserve Bank of Australia, and Poloz of the Bank of Canada speak publicly. So do Kashkari and Evans of […] More

New Overnight Developments Abroad - Daily Update

Financial Markets Don’t Like Strongmen Rulers

November 4, 2016

The Turkish lira fell over 1.0% in response to the arrest of Kurdish lawmakers who oppose the authoritarian Prime Minister Erdogan. Global stocks are down as U.S. opinion polls show that the possibility of Donald Trump winning the presidency has to be taken seriously. Share prices in the Pacific Rim fell 1.8% in South Korea, […] More