Foreign Exchange Insights and Next Week
Next Week
October 26, 2018
Central Banks: Monetary policy reviews in Japan, the U.K., Brazil, China, and the Czech Republic. BOJ publishes quarterly Outlook for Economic Growth and Prices. BOJ Governor Kuroda, Bank of England Governor Carney, Chicago Fed President Evans, and Reserve Bank of Australia Assistant Governor Bullock speak publicly. Holidays, Clock Change, and a 40th Anniversary: Parts of […] More
Deeper Analysis
U.S. GDP Report Deconstructed
October 26, 2018
Good News: Real GDP expanded by a somewhat greater-than-expected 3.5% between 2Q and 3Q, expressed at an annualized rate (SAAR). The two-quarter pace of 3.8% was the fastest since the middle two quarters of 2014, when a 5.0% pace was achieved. On-year growth of 3.0% was the most in 13 quarters and just 0.8 percentage […] More
New Overnight Developments Abroad - Daily Update
Fresh Wave of Risk Aversion
October 26, 2018
Investors will get their first peak at U.S. third-quarter GDP in less than an hour. Growth likely decelerated from the 4.2% pace in the second quarter but still probably managed to be at 3.0% or a bit above. But markets are reacting most keenly to the Federal Reserve officials’ disregard of President Trump’s criticism of […] More
