Archive for March 27th, 2018

Central Bank Watch

Hungarian National Bank

March 27, 2018

Monetary policy settings were not changed by Hungary’s monetary council. The Base Rate remains at at 0.90%, its level since a 15 basis point cut in May 2016. The overnight deposit rate stays at negative 0.15%, its level since a 10-basis point reduction last September. A loose policy is justified because inflation still lies at […] More

New Overnight Developments Abroad - Daily Update

Monday Rebound of Stocks Extended and Dollar Higher Too

March 27, 2018

Share prices closed up 2.7% in Japan, 1.2% in in Hong Kong, 1.4% in Taiwan, 1.1% in China,  1.0% in New Zealand, 0.8% in Singapore and 0.7% in Australia. In European trading, equities have risen between 1.5% and 2.0% in the U.K., Germany and Switzerland and between 1.0% and 1.5% in France, Spain and Italy. […] More