Archive for January 15th, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 16-22, 2021

January 15, 2021

Central Banks: Many central bank policy reviews are scheduled next week, involving among others Canada, Japan, Euroland, Mexico, Norway, Turkey, South Africa, Malaysia, Brazil, Ukraine, China, and Indonesia. European Central Bank President Lagarde, Bank of Canada Governor Macklem, and Bank of Japan Governor Kuroda will be holding press conferences, and the Bank of England’s Haldane, […] More

New Overnight Developments Abroad - Daily Update

Market’s Initial Reaction to American Rescue Plan Not Favorable

January 15, 2021

U.S. stock futures point to a decline of at least 0.5% at the open. Stock markets closed Friday with losses of 2.0% in South Korea, 1.1% in India, 0.9% in Indonesia, 0.8% in New Zealand, 0.6% in Taiwan and Japan. Equities are currently down about 1% in the U.K., Germany, France and Spain. The 10-year […] More