Deeper Analysis
November in Figures
November 30, 2017
The dollar fell mostly during November, constituting a change in direction from movements in October. Nonetheless, U.S. stocks recorded impressive gains just as they had the month before. Japanese share prices also climbed sharply in November, but many European stock markets declined. Investors became more confident that the Federal Reserve would hike interest rates in […] More
Central Bank Watch
First South Korean Central Bank Rate Hike in Around Six Years
November 30, 2017
The South Korean Base Rate was lifted to 1.50% from 1.25% but accompanied by a comparatively dovish statement that doesn’t guarantee subsequent increases soon: As it is forecast that inflationary pressures on the demand side will not be high for the time being, while the domestic economy is expected to continue its solid growth, the […] More
New Overnight Developments Abroad - Daily Update
New Highs in the U.S. Stock Market on Final Day of November
November 30, 2017
There’s been the usual ton of data released on this final day of the month, but other matters seem to be lifting confidence. Another gradual Federal Reserve interest rate hike in December seems increasingly probable. For once, news from the Brexit talks has been encouraging. Progress continues on the U.S. tax bill’s movement through Congress. […] More
