Archive for May 13th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: May 14 – 20, 2022

May 13, 2022

Central Bank: Monetary policy reviews are scheduled in the Philippines, Sri Lanka, South Africa, China, and Thailand. Minutes from this week’s Reserve Bank of Australia board meeting get published. Holiday: Several countries commemorate Buddha’s birthday early in the week. Scheduled U.S. Data Releases: Retail sales, industrial production, capacity usage, housing starts, building permits, existing home […] More

New Overnight Developments Abroad - Daily Update

Investor Bottom-Fishing

May 13, 2022

Within bear markets, brief interruptions happen typically as investors pause to take in the carnage and test markets to see if perhaps enough has been lost to secure a trend reversal. Today’s been one such instance. Share prices rose in Pacific Basin markets by 2.7% in Hong Kong, 2.6% in Japan, 2.1% in South Korea, […] More