Central Bank Watch
Central Bank Rate Cuts in New Zealand, Indonesia and Uruguay
August 20, 2025
Officials at Bank Indonesia sprung a surprise on market participants at today’s scheduled monetary policy review. No interest rate change had been predicted in light of a higher 2.5% inflation rate last month, but instead the policy rate got cut 25 basis points further to 5.0%. The decision, according to a released statement, “is consistent […] More
New Overnight Developments Abroad - Daily Update
Technology Stocks Under Pressure and Lots of Fresh Central Bank News to Absorb
August 20, 2025
In less than 45 minutes after today’s opening bell on Wall Street, the Nasdaq’s loss yesterday had been extended by another 1.6%, and the S&P 500 and Russell 200o were each 0.8% weaker. The dollar had depreciated 0.5% against the yen, 0.3% versus the Swiss franc and 0.1% relative to the euro but also had […] More
