Foreign Exchange Insights and Next Week
Next Week’s Menu: November 15 – 21, 2025
November 14, 2025
Central Banks: Monetary policy stances will be reviewed in Jamaica, South Africa, China, Hungary, Indonesia and Iceland. Minutes from the October FOMC meeting will be published, and Williams, Logan, Goolsbee, Kashkari are among the Federal Reserve officials whose public remarks may create headlines. Mann, Pill and Dhringra of the Bank of England, as well as […] More
New Overnight Developments Abroad - Daily Update
Widely Shared Big Losses
November 14, 2025
Yesterday’s stock market sell-off has extended into Friday. One catalyst was the Trump administration’s suggestion that some key data points not collected during the federal shutdown may never be known. This surprise dropped on an investment community already showing rising concern that equity values, especially among in the tech sector, were unsustainably inflated. News that […] More
Larry's Blog
Say It Once, and It’s Memorized
November 13, 2025
As a slogan designed to resonate with frustrated residents in the United States, MAGA is an amazingly effective political hook. Just four words long — Make America Great Again — captures the American Dream of betterment, with each generation pushing closer to fulfilling the unalienable rights of the Declaration of Independence. It’s so easy to […] More
New Overnight Developments Abroad - Daily Update
First Day After Shutdown Ends Sees a Softer Dollar and Fresh Uncertainties
November 13, 2025
America’s longest federal government shutdown, 43 days in duration, ended last night, only to leave fresh uncertainties in its wake such as the times when many delayed U.S. data reports get released, what such will show, what now happens to the U.S. president’s approval ratings and other domestic political impacts, the lagged fallout on air […] More
New Overnight Developments Abroad - Daily Update
Dollar and Bond Yields Mixed Equities Mostly Gain
November 12, 2025
The U.S. stock market weathered the record long federal shutdown with surprising resilience and is now rising as the shutdown’s end approaches. The House of Representatives is expected to approve the funding extension today, after which the bill will go to the president to be signed. In pre-open futures trading, the SPX, DOW, Nasdaq and […] More
New Overnight Developments Abroad - Daily Update
Various Data Results and Another Step Closer to Ending the U.S. Federal Government Shutdown
November 11, 2025
Today’s 107th anniversary of the Armistice that ended the First World War is being observed in the United States as Veteran’s Day and in France as Remembrance Day. Banks there will be closed, but stock markets are open. A wide range of economic data have been reported, including British labor market figures, the German ZEW […] More
New Overnight Developments Abroad - Daily Update
A Breakthrough in U.S. Govt Shutdown & Weak Data Spur Hopes of Fed Interest Rate Cut Next Month
November 10, 2025
(166) Two pieces of concerning U.S. economic data emerged Friday: 1) Challenger’s monthly layoff estimate flagged the most October layoffs since 2003 and 2) the preliminary U. Michigan index of U.S. consumer confidence fell to 50.3 in November from 53.6 in the prior month, 61.7 as recently as July and 79.4 in March 2024. The […] More
Foreign Exchange Insights and Next Week
Next Week’s Menu: November 8 – 14, 2025
November 7, 2025
Central Banks: Romanian interest rate policy will be reviewed. Several Fed officials have public speaking engagements including Paulson, Bostic, Schmid, Musalem, Hammack and Williams. Swiss National Bank Sleijpend and Greene and Lombardelli of the Bank of England speak, too. Holidays and Events: Remembrance Day in France and Veteran’s Day in the United States will be […] More
Central Bank Watch
Another Mexican Central Bank Interest Rate Cut
November 7, 2025
In Mexico where inflation of 3.8% is within the 2-4% target window and real GDP has lately contracted, the Bank of Mexico late yesterday implemented another basis point cut. The 25-basis point move was the twelfth since March 2024, joining 7 other cuts of that size plus four cuts of 50 basis points each. At […] More
New Overnight Developments Abroad - Daily Update
Confusion Caused by U.S. Federal Shutdown Intensifies in Two Directions
November 7, 2025
Every day now brings a new record duration in the current U.S. federal government shutdown. Neither political side of the stalemate has found an advantageous way to compromise without appearing to lose. The pain level took a big step upward yesterday when the Transportation Department ordered significant reductions in scheduled flights. Cancelled flights were the […] More
