Central Bank Watch
Another Armenian Central Bank Cut
September 10, 2024
The Central Bank of Armenia’s key refinancing rate has been lowered by a further 25 basis points to 7.5%. This cut brings the cumulative reduction in 2024 to 175 basis points extending 150 basis points of easing that began in June 2023. The new level is its lowest since November 2021. Consumer price inflation in […] More
New Overnight Developments Abroad - Daily Update
Treading Water Ahead of Tonight’s Harris-Trump Debate and Price Data Later in the Week
September 10, 2024
Yesterday’s equity rise was about bottom-fishing. That momentum in financial markets has now dissipated as investors await fresh cues. Overnight net dollar movements were minimal, limited to 0.1% upticks against the Canadian dollar, Chinese yuan and Mexican peso and downticks of 0.2% relative to the Swiss franc, New Zealand dollar and sterling and of 0.1% […] More
