Archive for September 27th, 2019

Foreign Exchange Insights and Next Week

Next Week: September 28-October 4, 2019

September 27, 2019

Central Banks: Monetary policy reviews are planned in Australia, India, Poland, Romania, and Iceland. The Bank of Japan’s influential quarterly Tankan survey of corporate conditions and expectations will be published, and so will a summary of this month’s BOJ Board meeting. A slew of Fed officials with public speaking engagements next week features Chairman Powell […] More

Central Bank Watch

Bank of Mexico Cuts Overnight Interbank Rate Again

September 27, 2019

Late yesterday came news that the Bank of Mexico had reduced its overnight interbank rate by 25 basis points for a second straight month.  The rate level now becomes 7.75%. These moves reverse 100 basis points of policy tightening in 2018, and more cuts seem likely soon. According to a released statement, five of seven […] More

New Overnight Developments Abroad - Daily Update

Trade Talks Back in the Spotlight

September 27, 2019

A number of factors could have made Friday an ugly day in the marketplace — the U.S. and British political crises, weak European and U.S. data, and Japanese disinflation. But instead, the mood has been lifted by the announcement that U.S. and Chinese trade delegations will restart formal talks in Washington on October 10th. Share […] More