Foreign Exchange Insights and Next Week
Next Week’s Menu: January 6 – 12, 2024
January 4, 2024
Central Banks: Interest rate policies will be reviewed in South Korea, Serbia, Romania, Peru and Poland. Holiday: Japanese markets closed January 8 for Coming of Age Day. Scheduled U.S. Data Releases: Consumer prices, producer prices, small business sentiment, and consumer price expectations. Weekly jobless insurance claims, mortgage applications, and chain store sales. Japanese and Chinese […] More
New Overnight Developments Abroad - Daily Update
Further Big Rise in Bond Yields
January 4, 2024
Ten-year sovereign debt yields overnight rose by a further 13 basis points in Greece, 12 bps in Italy, 10 bps in Spain, 9 bps in France and Germany, 8 bps in the U.K. and seven basis points in the United States. Amid this backing up of long-term interest rates, equities remained on their back foot, […] More