Central Bank Watch
Another Tightening of Czech Monetary Policy
November 1, 2018
By a vote of 5-1 with one dissent in favor of unchanged policy, the Czech National Bank Board authorized a further 25-basis point increase in the benchmark two-week repo rate to 1.75% and in the Lombard and discount rates that flank it. This was the sixth hike of the repo rate since rate normalization began […] More
Deeper Analysis
October in Figures
November 1, 2018
October was a broadly strong month for the dollar but a bad one for global equities. Monetary policy rates did not change this past month in the U.S., Euroland, Japan, Great Britain or Switzerland, but 10-year sovereign debt yields rose in North America while falling in Europe, and staying unchanged in Japan. The price of West […] More
New Overnight Developments Abroad - Daily Update
Dollar Down, Stocks Mostly Up Overseas
November 1, 2018
The dollar fell overnight on this first day of November by 1.5% against the kiwi, 1.3% relative to the Australian dollar, 1.0% vis-a-vis the peso and sterling, 0.7% versus the euro, 0.6% against the Swiss franc, and 0.4% relative to the loonie and yuan. The yen, in contrast, remains unchanged against the dollar. Share prices […] More
