Archive for May 29th, 2017

Central Bank Watch

Israeli Central Bank Interest Rate Kept at 0.1%

May 29, 2017

Bank of Israel policymakers last changed their interest rate in February¬†2015 when a 15-basis point reduction capped an easing cycle that included 75 basis points of cut in each of the previous four years. Officials released a statement today the observed somewhat higher actual inflation and short-term expected inflation as well as solid growth and […] More

New Overnight Developments Abroad - Daily Update

Little Market Leadership Due to Holiday Closures

May 29, 2017

Markets are closed Monday in the United States for Memorial Day, Great Britain for a late spring bank holiday, and both China and Taiwan for the Dragon Boat Festival. The dollar is down 0.3% against the peso, 0.2% versus sterling and 0.1% relative to the loonie, euro, Swiss franc and kiwi. The dollar has edged […] More