Archive for April 7th, 2017

Foreign Exchange Insights and Next Week

Next Week

April 7, 2017

Central Banks: Interest rate policy meetings in Canada, South Korea, Brazil, Chile, and Serbia. The Bank of Canada will publish a quarter Monetary Policy Report. Fed officials making public appearances in the week included Chair Yellen and District Presidents Bullard and Kashkari. Good Friday Holiday: Markits will be shut April 14th in a wide range […] More

Central Bank Watch

Central Reserve Bank of Peru

April 7, 2017

Peru’s policy interest rate has been again ┬ámaintained at 4.25% even though actual inflation and expectations of future inflation in the short run have moved higher. The rate has been at this level since a 25-basis point cut in February 2016 culminated for such moves starting in September 2015. A released statement noted that growth […] More

New Overnight Developments Abroad - Daily Update

Elevated Geopolitical Tensions Lifts Price of Gold and Sovereign Debt Prices

April 7, 2017

U.S. missiles bombed the Syrian airport from which the chemical weapons strike on Syrian rebels had been launched. Russian President Putin condemned the U.S. act, saying such has damaged relations with America. The ruble fell slightly more than 1%. Some wonder if this convenient sequence might in part have been orchestrated to dispel suspicion that […] More