Archive for July 9th, 2021

Foreign Exchange Insights and Next Week

Next Week’s Menu: July 10 – 16, 2021

July 9, 2021

Central Banks: Monetary policies will be reviewed in Japan, South Korea, Canada, Turkey, Chile, New Zealand and the Philippines. Fed Vice-Chair Quarles, ECB President Lagarde, BOJ Governor Kuroda, and Bank of Canada Governor Macklem are some of the central bank officials scheduled to speak publicly during the period. The Fed Beige Book of U.S. regional […] More

New Overnight Developments Abroad - Daily Update

Stocks Attempt to Bounce but Outlook Uncertain

July 9, 2021

Following Thursday’s wave of risk aversion, equities and sovereign debt yields rose in early Friday trading, and the dollar edged lower. Several Chinese and British data were release. The People’s Bank of China cut reserve requirements by 50 basis points, which is projected to release about one trillion yuan of extra liquidity and hopefully buttress […] More