Archive for October 28th, 2022

Foreign Exchange Insights and Next Week

Next Week’s Menu: October 30 – November 4, 2022

October 28, 2022

Central Banks: The Federal Reserve, Bank of England, and central banks in Australia, Norway, Malaysia, Kyrgyzstan, and Czech Republics will be reviewing monetary stances next week. Fed Chairman Powell, BOE Governor Bailey, and Reserve Bank of Australia Governor Lowe will hold press conferences. The RBA quarterly Monetary Policy Statement and Bank of Japan Minutes will […] More

New Overnight Developments Abroad - Daily Update

Growth Slowing But Inflation and Costs Staying Rigid

October 28, 2022

There’s been a lot of bad economic news in today’s typical end-of-month data deluge. Another theme to watch is a concurrent big hit to the reputation of famous political and business world figures. Xi‘s dictatorial Communist Party Congress has received two-thumbs down in financial markets, where the Shanghai Composite index lost another 2.3% this Friday, […] More

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