Archive for June 12th, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: June 13 – 19, 2020

June 12, 2020

Central Banks: Monetary policies to be reviewed in Japan, the U.K., Switzerland, Taiwan, Indonesia, Russia, Brazil, Norway and Poland. Policy meeting minutes will be published for the Bank of Japan, National Bank of Poland and Reserve Bank of Australia. Fed Chairman Powell delivers Humphrey-Hawkins testimony before the Senate Financial Services Committee Tuesday and House Banking […] More

New Overnight Developments Abroad - Daily Update

Less Risk Aversion than Yesterday

June 12, 2020

Friday has seen another wide reversal in share price direction. The stock markets in France, Spain, Italy, Germany and Britain so far show daily advances of 2.0%, 1.6%, 1.5%, 1.4% and 1.3%. The shift following Thursday’s big declines occurred after overnight trading in the Pacific Rim where equities fell by 2.2% in New Zealand, 1.9% […] More