Archive for January 14th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: January 15 – 21, 2022

January 14, 2022

Central Banks: Central banks reviews monetary policy next week include those in Turkey, Malaysia, Sri Lanka, Norway, Indonesia, Ukraine, China and Japan. The Bank of Japan also updates its quarterly Outlook for Economic Activity and Prices, publishes Board meeting minutes, and holds a press conference with Governor Kuroda. Events and Holidays: The U.S. observes Martin […] More

Central Bank Watch

Another Rate Hike at the Bank of Korea

January 14, 2022

Officials at the Bank of Korea are the latest to hike a central bank interest rate in this young year of 2022, lifting such by an as-expected 25 basis points to 1.25%. This third such advance since August 2021 reverses all of the early 2020 rate reduction and returns the rate to its pre-pandemic level. […] More

New Overnight Developments Abroad - Daily Update

Equities Tumbling Anew as Inflation and Interest Rates Climb

January 14, 2022

The dollar overnight rose 0.1% against the euro and on a weighted basis, held unchanged against the Swiss franc and sterling and fell 0.3% versus the yen. Share prices dropped 1.3% in Japan, 1.4% in South Korea, 1.1% in Australia, and 1.0% in South Korea. The German Dax and Paris Cac show losses so far […] More