Foreign Exchange Insights and Next Week
Next Week’s Menu: August 19 – 25, 2023
August 18, 2023
Central Banks: Monetary policy reviews are scheduled in China, Indonesia, Turkey, Iceland and South Korea. From August 24 to 26th, the Kansas City Federal Reserve District hots the annual Jackson Hole Symposium; this year’s theme is Structural Shifts in the Global Economy. Special Events: South Africa hosts the annual BRICS Summit from August 22-24; this […] More
New Overnight Developments Abroad - Daily Update
Move Out of Equities Drives Back Long-Term Interest Rates
August 18, 2023
Ten-year sovereign debt yields dropped overnight by 11 basis points in Italy, 10 bps in Germany, France and Spain, 7 bps in Great Britain, 4 bps in the United States and 1 basis point in Japan. Global equity markets experienced their most difficult week in five months. The tide didn’t turn as the week draws […] More
