Foreign Exchange Insights and Next Week
Next Week
May 17, 2019
Central Banks: Monetary policy reviews are scheduled in Iceland, Israel and South Africa. Minutes of prior meeting to be published by the Federal Reserve, European Central Bank and Reserve Bank of Australia. Fed officials speaking publicly next week include Chairman Powell and Barkin, Daly, Kaplan, Bostic, Bullard, Evans and Rosengren. Draghi and Praet of the […] More
New Overnight Developments Abroad - Daily Update
U.S.-Sino Trade Tensions and U.K. Tory-Labor Brexit Talks Take a Turn for the Worse
May 17, 2019
Chinese officials poured cold water on hopes that trade tensions with the United States might de-escalate. In reaction, China’s stock market tumbled 2.5%, and the yuan fell 0.4% against the dollar. Share prices also dropped 1.5% in Hong Kong, 1.3% in India, 1.2% in Indonesia, 0.9% in Taiwan, 0.6% in South Korea and 0.8% in […] More
