Archive for June 30th, 2022

Deeper Analysis

Second Quarter 2022 in Figures

June 30, 2022

Financial markets experienced a large shakeout during the second quarter of 2022. Central bankers around the world have concluded that the spike of inflation is not going to dissipate without monetary policies transforming to a restrictive stance, and even if that happens the environment is so greatly changed by the pandemic, Russian war, and legacy […] More

Central Bank Watch

50-Basis Point Interest Rate Hike at Swedish Riksbank

June 30, 2022

As expected and in the face of its highest inflation in over 30 years, the Executive Board at the Swedish Riksbank intensified the speed of stimulus withdrawal. The policy interest rate, which from a negative 0.50% base, had been raised by 25 basis points each in December 2018, December 2019 and April 2022, was hiked […] More

New Overnight Developments Abroad - Daily Update

Quarter-End Data Blast Includes Several Extremes

June 30, 2022

It’s been a good session for the dollar but a disastrous one for equities and Bitcoins. The weighted DXY dollar index has climbed 0.4%, and came within 0.2% of its multi-year high during overnight hours. The dollar has risen 0.6% against the euro, 0.4% relative to the Swiss franc and Mexican peso, 0.3% vis-a-vis the […] More