Archive for December 13th, 2016

Central Bank Watch

Central Bank of Chile

December 13, 2016

The central bank board left its key rate unchanged at 3.5% but signaled that “if the recent trends of the economic scenario persist, and so do their implications on the medium-term inflation outlook, it will be necessary to boost the monetary impulse.” According to a released statement, the peso has appreciated, growth is not expected […] More

New Overnight Developments Abroad - Daily Update

Markets Comfortable with Tomorrow’s Likely Fed Tightening

December 13, 2016

Stocks have risenĀ in Asia, Europe and North America. Ten-year German bunds and British gilt yields are down three basis points. The 10-year JGB yield edged a basis point lower, and the 10-year Treasury is steady. Oil is trading firmly at $52.75 per barrel, albeit down 0.2% from Monday’s close. Gold declined 0.7% to $1,157.70 per […] More