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
