Foreign Exchange Insights and Next Week
Next Week’s Menu: March 16-22, 2024
March 15, 2024
Central Banks: Interest rate-setting meetings in the United States, U.K., Japan, Switzerland, Mexico, Brazil, Indonesia, China, Taiwan, Russia, Norway, Iceland, Morocco, and Czech Republic. Post-meeting press conferences will be presented by Powell, Bailey, Ueda, Bullock, and Jordan among others. Updated Fed forecasts will be revealed. Special Events and Holidays: Russia’s presidential election runs Saturday through […] More
New Overnight Developments Abroad - Daily Update
Equity Resilience Despite an Elusive Start Date for Fed Rate Cuts
March 15, 2024
A round of sticky U.S. price data has put the onset of an easing cycle in Fed policy on ice temporarily. February consumer and producer prices rose considerably more sharply than anticipated. So was today’s news of an 0.8% monthly jump in export prices. The 0.3% advance in import prices merely matched expectations, and resulted […] More