Archive for February 3rd, 2023

Foreign Exchange Insights and Next Week

Next Week’s Menu: February 4 – 10, 2023

February 3, 2023

Central Banks: Many central banks will be reviewing interest rates this week, including those in Australia, Sweden, Iceland, Poland, Serbia, Peru, Romania, Mexico, Russia and India. The Reserve Bank of Australia’s quarterly Monetary Policy Statement will be published. Governor Macklem of the Bank of Canada, New York Federal Reserve District President Williams, and Bank of […] More

New Overnight Developments Abroad - Daily Update

Overnight Action Dominated by Subpar Tech Company Earnings… Now Investors Await U.S. January Jobs Data

February 3, 2023

North American stock futures and European share prices are mostly down with major tech firms like Alphabet, Amazon, and Apple leading the way. Such concerns also affected some key Asian stock exchanges where the Hang Seng and Shanghai Composite indices lost 1.4% and 0.7%. Yesterday’s big drop in European 10-year sovereign debt yields was reversed […] More

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