Central Bank Watch
Central Bank of Iceland
November 16, 2016
Officials at Sedlabanki had cut the 7-day repo rate by 50 basis points in August. This was a trend reversal following three increases totaling 125 bps between June and November of 2015. Many analysts were expecting a second rate reduction this month and inflation has been under target for almost three years in Iceland and […] More
New Overnight Developments Abroad - Daily Update
Broad Dollar Gains and Sovereign Debt Price Losses… Oil Lower Too
November 16, 2016
Nothing about the Donald Trump phenomenon is playing out as pundits expected. The political talking heads repeatedly underestimated his victory chances through the Republican primaries and general election. And now market developments are fooling the economic prognosticators. The dollar is super-charged, rising overnight by 1.7% against the ruble, 1.2% against the Australian dollar and Polish […] More
