Foreign Exchange Insights and Next Week
Next Week’s Menu: April 18 – 24, 2020
April 17, 2020
Central Banks: monetary policy reviews are scheduled in Turkey, China, Russia, and Ukraine, but unscheduled meetings have become common during the Covid-19 pandemic. Minutes from the last Reserve Bank of Australia will be published, and RBA Governor Lowe speaks publicly. Holiday’s and Special Events: Australia and New Zealand observe ANZAC Day at the end of […] More
New Overnight Developments Abroad - Daily Update
Some Good News Allows Riskier Assets to End Week on Rising Note
April 17, 2020
Released Chinese data were not as bad as feared. Although the first shrinkage of real GDP since 1976 was confirmed, the on-year decline of 6.8% last quarter was close to expectations, and officials asserted that the Covid-19 shock will not impair the continuing impressive long-term expansion of economic activity. Other released figures revealed a much […] More
