Archive for November 13th, 2020

Foreign Exchange Insights and Next Week

Next Week’s Menu: November 14 – 20, 2020

November 13, 2020

Central Banks: Monetary policies will be reviewed in Thailand, Iceland, Turkey, Indonesia, South Africa, China, The Philippines, and Hungary. NY Fed President Williams speaks publicly as do Bank of Japan Board member Masai, Reserve Bank of Australia Governor Lowe, and Governor Bailey and MPC members Haldane and Ramsden of the Bank of England. Minutes from […] More

Deeper Analysis

White House Transitions and Financial Market Volatility

November 13, 2020

This update examines how financial markets performed between America’s Election Day in early November and the ensuing presidential inauguration on the following January 20th. It considers only those times when the party affiliation of the president changed, which happened five times between 1980 and 2016. More times than not, these periods experienced market volatility of […] More

New Overnight Developments Abroad - Daily Update

Additional Leap in U.S. Covid Cases; Euroland 3Q GDP and U.S. PPI Headline Data Menu

November 13, 2020

The dollar is slightly weaker today, with overnight losses of 0.4% against the peso, 0.3% versus sterling, 0.2% vis-a-vis the yen and Australian dollar, and 0.1% relative to the Swiss franc. The dollar is also unchanged against the yuan and euro. Covid News continued to weigh on Asian equities, which dropped 0.9% in China, 0.7% […] More