Central Bank Watch
Central Bank Interest Rate Changes in Moldova and Iceland
February 5, 2025
The National Bank of Moldova‘s policy rate was raised by 90 basis points today to 6.5%, its highest level since June 2023. Today’s is the second increase this year following one of 30 basis points in January. The rate had been at 3.6% from May 2024 previously. CPI inflation doubled to 7.0% by December from […] More
New Overnight Developments Abroad - Daily Update
Continuing Firestorm of Trump Statements Overwhelms an Otherwise Busy Day of Data Releases and Central Bank Decisions
February 5, 2025
The dollar fell overnight by 0.2% against the euro, Swissy, sterling and Canadian dollar but jumped 1.2% versus China’s yuan and 0.8% relative to the Mexican peso. In other financial market action, Nasdaq futures took a notable hit. Share prices in the Pacific Rim closed up 1.6% in Taiwan, 1.1% in South Korea and 0.5% […] More
