Foreign Exchange Insights and Next Week
Next Week’s Menu: December 17 – 23, 2022
December 16, 2022
Central Banks: Monetary policies will be reviewed in Turkey, Japan, China, Hungary, the Czech Republic, and Indonesia. Central banks in Japan and Australia will publish minutes of previous Board meetings. Scheduled U.S. Economic Data Releases: Quarterly GDP and current account. Monthly personal income, personal consumption, PCE price deflator, housing starts, building permits, National Association of […] More
New Overnight Developments Abroad - Daily Update
Financial Markets Pounded With Data Pointing to Recession Superimposed on Elevated Inflation, Illness, and Neverending War
December 16, 2022
A continuing flight from stocks, bonds, and crypto this Friday saw Equities close down 1.9% in Japan, 1.4% in Taiwan, and 1.0% in Singapore. Late in Europe’s day, share prices are down 0.9-1.4% in Germany, France, Great Britain and Spain, and all three major U.S. indices have lost over 1.0% on top of big losses […] More
