Archive for July 28th, 2019

Foreign Exchange Insights and Next Week

Menu of Economic Data and Central Bank Events this Week

July 28, 2019

Central Banks: Monetary policy reviews at the Federal Reserve, Bank of England, Bank of Japan, Bank of Brazil, South African Reserve Bank, and Czech National Bank. Bank of Japan publishes quarterly Outlook and minutes of June monetary policy review. Fed Chairman Powell, Bank of England Carney, and Bank of Japan Governor Kuroda speak publicly. So […] More

Central Bank Watch

Another Russian Central Bank Rate Cut

July 28, 2019

The Board of Directors at the Central Bank of the Russian Federation enacted a second reduction of its one-week repo rate. Both cuts were by 25 basis points. Announced on July 26th, the rate drops to 7.25% and follows an initial easing in mid-June. The two cuts reverse a previous duo of hikes in September […] More