Archive for August 10th, 2018

Foreign Exchange Insights and Next Week

Next Week

August 10, 2018

Central Banks: Monetary policy reviews in Norway and Indonesia. Reserve Bank of Australia Governor Lowe delivers semi-annual parliamentary testimony. Holidays: Assumption Day observed Wednesday in a few European countries. Indonesian Independence Day on Friday. Scheduled U.S. Data Releases: Quarterly productivity and unit labor costs. Monthly retail sales, industrial production, capacity usage, NAHB housing index, Empire […] More

New Overnight Developments Abroad - Daily Update

More Volatile Global Markets as Concern Mounts about Turkey

August 10, 2018

Turkey commands the spotlight of global financial markets this Friday. Talks broke down between the U.S. and Turkey over the latter’s continuing detention of an American evangelical pastor, which has prompted economic sanctions by the United States on an economy already gripped with upward spiraling inflation and a central bank interest rate near 18%. The […] More