Foreign Exchange Insights and Next Week
Next Week’s Menu: July 25-31, 2026
July 24, 2026
Central Banks: Interest rate policy meetings are scheduled at the Federal Reserve, Bank of England, Bank of Japan and Monetary Authority of Singapore. Press conference afterwards by Chairman Warsh, Governor Bailey and Gov Ueda are planned, and the quarterly BOJ Outlook for Economic Activity and Prices will be published. Scheduled U.S. Data Releases: Quarterly GDP, […] More
Central Bank Watch
25-Basis Point Central Bank Interest Rate Cuts in Russia and Kazakhstan
July 24, 2026
As expected, the Central Bank of Russia policy interest rate was sliced by another 25 basis points to 14.0% at today’s scheduled review. The rate has altogether been lowered so far this year by 200 basis points on top of the 500-bp reduction engineered in the last seven months of 2025. Officials released an explanation […] More
New Overnight Developments Abroad - Daily Update
Trouble All Over
July 24, 2026
Resumed active conflict raged into a 13th day in the Middle East as Iran targeted U.S. military installations in the Gulf region. Scant traffic is getting through either the Strait of Hormuz or the Bab el-Mandeb Strait. On a separate front of mischief, plan B of President Trump’s tariff offensive was launched, imposing a 10-12.5% […] More
