Deeper Analysis
October 2021 in Figures
November 1, 2021
Equities rebounded in October. The dollar was mixed and down marginally on balance. The price of gold rose only slightly, but that of oil appreciated over 10%, aggravating the elevation of general inflation. Long-term interest rate climbed as investors anticipate that central bankers will begin to raise policy rates sooner than forward guidance suggests. 10-Yr […] More
Central Bank Watch
Interest Rate Hike in Colombia
November 1, 2021
The Central Bank of Colombia‘s policy interest rate was lifted by a greater-than-anticipated 50 basis points to 2.5%. An initial 25-basis point increase occurred in September. After the pandemic hit in 2020, the rate was slashed from 4.25% to 1.75% in seven incremental moves. Some of the other central banks to raise interest rates since […] More
New Overnight Developments Abroad - Daily Update
Summits and Manufacturing PMI Releases
November 1, 2021
All Saints Day 2021 marked the end of one summit and start of another and the release of manufacturing purchasing manager surveys for a number of economies. In overnight market action, Equities rallied 2.6% in Japan, over 1% in India, and so far between 0.8% and 1.2% in Germany, France, Italy and Spain. U.S. stock […] More
