Foreign Exchange Insights and Next Week
Next Week
February 16, 2018
Holidays: Lunar New Year Closures Monday in China, Hong Kong and Singapore. China remains shut on Tuesday and Wednesday. U.S. and Canada are also closed on Monday for Washington’s Birthday and Family Day, respectively. Central Banks: Following a slew of central bank policy reviews during the past two weeks, the coming week has very few […] More
Central Bank Watch
No Change Made in Sri Lankan Monetary Policy Stance
February 16, 2018
The Central Bank of Sri Lanka’s standing deposit facility rate and standing lending facility rate have been at 7.25% and 8.75% since an increase of 50 basis points in July 2016. That was the second such reduction of 2016 and along with an earlier move in February reversed two percentage points of easing engineered between […] More
New Overnight Developments Abroad - Daily Update
Holidays Dampen Activity… Contrasting Sentiment Continues Around Dollar and Equities
February 16, 2018
Friday saw Lunar New Year market closures in China, which won’t reopen until February 22, Taiwan, Hong Kong, Singapore, Indonesia, South Korea and Malaysia. Moreover, U.S. fixed income markets will shut early ahead of the 3-day Presidents Holiday. Canada will also be closed Monday (Family Day). Equities continue to rebound, climbing 1.2% in Japan, 1.0% […] More
