Archive for July 25th, 2023

New Overnight Developments Abroad - Daily Update

Softer German Business Climate, Unchanged Indonesian Interest Rate and Day 1 of FOMC Policy Meeting

July 25, 2023

World financial markets were comparatively calm overnight as investors await tomorrow’s FOMC interest rate announcement and press conference. The dollar edged up 0.2% versus the euro and 0.1% against the Canadian dollar overnight, held steady against the Swiss franc, Japanese yen, and New Zealand dollar, and fell 0.6% relative to the Chinese yuan, 0.4% vis-a-vis […] More

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