Archive for September 20th, 2019

Foreign Exchange Insights and Next Week

Next Week’s Menu (September 21-27, 2019)

September 20, 2019

Central Banks: Monetary policies to be reviewed in New Zealand, Hungary, the Czech Republic, Thailand, Mexico and the Philippines. Minutes from the Bank of Japan’s July Board meeting get published. Williams, Kaplan, Kashkari, and Bullard of the Fed speak publicly, and so do BOJ Governor Kuroda, Bank of England Governor Carney, and Masai of the […] More

New Overnight Developments Abroad - Daily Update

Big Rise in Indian Share Prices, Marginal Change in China’s 1-Year Loan Rate, and Continuing Strain in U.S. Bank Funding Market

September 20, 2019

India’s stock market shot up 5.3%, its greatest one-day rise in a decade, after an announced cut in the country’s corporate tax rate to 25.75% from 30%. Other stock markets around the world showed only modest net movement and mostly upward in direction. The dollar and 10-year sovereign debt yields likewise remained generally steady overnight. […] More