Archive for May 26th, 2023

Foreign Exchange Insights and Next Week

Next Week’s Menu: May 27 – June 2, 2023

May 26, 2023

Central Banks: Monetary policies to be reviewed in Thailand and Kyrgyzstan. Federal Reserve Beige Book of regional economic conditions and minutes from last European Central Bank governing council meeting to be published. Bowman and Jefferson from the Fed and ECB President Lagarde speak publicly during the week. Events and Holidays: Turkey’s runoff presidential election happens […] More

New Overnight Developments Abroad - Daily Update

Indications that a Debt Ceiling Deal Will Be Reached in Time

May 26, 2023

While no deal has been attained yet  to raise the U.S. debt ceiling, both sides of the discussions are expressing optimism, and investors are anticipating that the U.S. will not default. That’s why equities are higher, but the 10-year U.S. Treasury yield is also up two basis points to an 11-week high after the release […] More