Archive for November 26th, 2018

Central Bank Watch

Bank of Israel Raises Key Interest Rate

November 26, 2018

The Bank of Israel‘s key interest rate was changed for the first time since a 15-basis point cut in February 2015. That reduction was reversed today, but officials characterize the new stance as still accommodative. The rate is only 0.25% and was 3.25% at the end of 2010. In justifying today’s 15-basis point rate hike, […] More

New Overnight Developments Abroad - Daily Update

Share Prices Bounce Higher despite Geopolitical Tensions

November 26, 2018

U.S. equities rebounded over 1.0% in initial trading this Monday after a very poor performance last week. There were solid stock gains in Asia and Europe, too. EU leaders agreed to a tentative Brexit deal over the weekend, but the pact needs to be approved by the British and European parliaments. That accomplishment remains very […] More