Foreign Exchange Insights and Next Week
Next Week’s Menu: March 25-31, 2023
March 24, 2023
Central Banks: Monetary policies will be reviewed in Thailand, Brazil, South Africa, Mexico, Colombia and Hungary. Special Events: European countries on Sunday move to daylight savings time, which will restore five hour differential between New York and and six hour time spreads between New York and Paris, Brussels and Frankfurt, but leave the Tokyo minus […] More
New Overnight Developments Abroad - Daily Update
Fresh Banking Concerns Eclipse Some Encouraging Purchasing Manager Survey Results
March 24, 2023
Investor sentiment hit another air pocket in Friday’s session, with the banking sector absorbing the greatest shock. For example, the share price of Deutsche Bank AG has tumbled 11%, and overall stock markets in Germany, France, Italy, and Spain show declines currently that exceed 2.5% from Thursday’s close. A catalyst for this flight to safety […] More