Foreign Exchange Insights and Next Week
Next Week’s Menu: July 15-21, 2023
July 14, 2023
Central Banks: Interest rate policies will be reviewed in Turkey, Russia, South Africa and China. Minutes of the Reserve Bank of Australia’s policymakers meeting earlier this month will be published. Special Event: A meeting of G20 finance ministers and central bank governors will take place in India on Monday and Tuesday. U.S. Scheduled Data Releases: […] More
New Overnight Developments Abroad - Daily Update
Capping a Big Week in Financial Markets Driven By Lower Inflation Readings
July 14, 2023
In the past week, the Dow Jones Industrial Average has jumped 1000 points, the 10-year U.S. Treasury yield has plunged 28 basis points, and the dollar has depreciated 2.7% against the yen and 2.4% against the euro. If inflation continues to recede, the Federal Reserve may not need to lift interest rates as much as […] More
