Archive for February 9th, 2018

Foreign Exchange Insights and Next Week

Next Week

February 9, 2018

Holiday Closures: Japan Founders Day on Monday. Brazil observes Mardi Gras on Monday and Tuesday. Several Asian countries will be closed Thursday and/or Friday for the Lunar New Year that ushers in the year of the dog. These include China, South Korea, Hong Kong, Indonesia and Singapore. Central Banks: Policy reviews at the Swedish Riksbank, […] More

Central Bank Watch

Reserve Bank of Peru

February 9, 2018

In each of the last three years, Peruvian CPI inflation has hovered in the lower half of the 1-3% target, and such was at 1.25% last month with a 2.0% underlying core rate. Economic growth is expanding at less than its potential trend. Expected inflation is still creeping lower. Monetary policy officials have accordingly been […] More

New Overnight Developments Abroad - Daily Update

Continuing Stock Market Jitters

February 9, 2018

Equities lost 4.1% in China, 3.6% in Hong Kong, 2.3% in Japan, 1.8% in South Korea. They are down 0.9% in France and 0.7% in the U.K. and Germany. After yesterday’s second 1000+ point daily drop of this week, the DOW initially rose today but now shows a decline of nearly 200 points. It’s taken […] More