Foreign Exchange Insights and Next Week
Next Week’s Menu: September 9-15, 2023
September 8, 2023
Central Banks: Monetary policies will be reviewed by the European Central Bank and by monetary authorities in Ukraine, Russia, Georgia, and Peru. ECB President Lagarde will hold a press conference after the Governing Council meeting is over. Scheduled U.S. Data Releases: Producer prices, consumer prices, import prices, retail sales, industrial production, capacity utilization, small business […] More
New Overnight Developments Abroad - Daily Update
Continuing Worry about China’s Economy and an Equivocal Remark from the President of the N.Y. Federal Reserve
September 8, 2023
Equities fell on Friday by 1.3% in Hong Kong, 1.2% in Japan, 0.8% in New Zealand, 0.4% in Indonesia, and 0.2% in China. Japanese GDP growth between the first and second quarters was revised downward from 6.0% at an annualized rate to 4.8%. Compared to 2Q 2022, however, GDP rose just 1.6%, little better than […] More
