Archive for May 25th, 2018

Foreign Exchange Insights and Next Week

Next Week

May 25, 2018

The last week of May is crowded with holidays and economic data releases but very light from a central bank watching standpoint. Holidays: U.S. and British markets closed Monday for Memorial Day and the late spring bank holiday, respectively. Singapore and Indonesia closed Tuesday for the festival of Vesak commemorating the birth, enlightenment and death […] More

New Overnight Developments Abroad - Daily Update

Little Market Reaction to Trump’s Decision to Call Off Summit with Kim

May 25, 2018

Markets have taken President Trump’s decision not to meet Jung Un Kim in Singapore on June 12 surprisingly calmly. North Korean official did not escalate the disagreement, indicating instead a continuing interest for Trump and Kim to meet. The biggest market developments the Friday have been A 1.8% drop in WTI crude oil to $69.46 […] More