Archive for September 9th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: September 10 – 16, 2022

September 9, 2022

Central Banks: Officials at the Bank of England and Bank of Russia will be reviewing monetary policies next week. Holiday in China: Mid-Autumn Day to be observed on Monday. U.S. Economic Statistical Releases: Consumer prices, producer prices, import prices, retail sales, industrial production, capacity utilization, monthly federal budget, Empire State and Philly Fed manufacturing surveys, […] More

Central Bank Watch

Another Rate Hike in Peru

September 9, 2022

The Central Reserve Bank of Peru’s policy rate had been raised for the 14th time since August 2021, but the incremental rise after this month’s policy review unexpectedly reverted back to the 25 basis points done initially. all the other increases had been by 50 basis points, and the rate in total has gone from […] More

New Overnight Developments Abroad - Daily Update

Weeks’ End Finds Investors Willing to Take Some Risk

September 9, 2022

Early in the U.S. trading day, the rises in key U.S. stock market indices range from 0.5% in the DOW to 1.2% in the Nasdaq. Share prices in the Pacific Rim had closed up 2.7% in Hong Kong, 1.2% in Taiwan, 0.9% in Singapore, 0.8% in China, 0.7% in Australia and 0.5% in Japan, and […] More