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
