Central Bank of Azerbaijan
A Buoyed Appetite for Risk in World Financial Markets
May 6, 2026
President Trump paused the confrontational program of militarily escorting ships through the Strait of Hormuz in opposition to the Iranian-imposed blockade. He claimed progress toward a peace deal from revised details that Iran reportedly offered. The U.S. blockade will continue until a deal is finalized. Once trade is again going through the Strait without military […] More
Many Purchasing Manager Surveys, Euroland CPI and PPI Reports and a Trio of Interest Rate Decisions
February 4, 2026
Gold and silver prices remain strongly bid this Wednesday following sharp rebounds yesterday. Ahead of this weekend’s snap lower house elections,the yen traded 0.2% lower overnight, bringing is relapse since Friday to 2.4% against the dollar. Prime Minister Takaichi’s Liberal Democratic Party appears likely to increase its parliamentary seat total, which would facilitate the pursuit […] More
Azerbaijan and Canadian Interest Rate Decisions in December 2025
December 10, 2025
the Bank of Canada’s overnight policy interest rate was left unchanged at 2.25% following today’s scheduled review today. That’s its lowest level since July 2022 and represents a cumulative decline of 275 basis points since June 2024. Today’s decision was not a surprise, since officials after its last cut (25 basis points in October) asserted […] More
All Eyes on the Federal Reserve
December 10, 2025
This week’s FOMC meeting, whose interest rate announcement today will be made at 14:oo EST and likely involve a 25-basis point cut, is the last one of 2025. The first three scheduled meetings next year (Jan 27-28, Mar 17-18 and Apr 28-29) will be chaired by Jerome Powell. The appointed identity of Powell’s successor could […] More
British CPI Inflation Not as High in September as Thought
October 22, 2025
Less than 36 hours ago, investors were anticipating key meetings between President Trump and the leaders of Russia and China later this month. Symptomatic of other geopolitical flip-flops, each of those meetings now seems in doubt. This second Trump administration has been loaded with press events and other news-worthy events to a much greater extent […] More
Azerbaijani Interest Rate Cut
July 23, 2025
At the Central Bank of Azerbaijan, officials lowered their refinancing rate by 25 basis points today to 7.0%. This cut was the first one made since May 2024 and brings the cumulative decline from a 9.0% peak in 2023 to two full percentage points. In resuming the rate reduction cycle, a released statement declares that […] More
U.S.-Japan and Other Trade Deals but Also Confusion and Worry about Dollar’s Trend
July 23, 2025
Some good developments on the tariff front emerged in the past 24 hours, namely a trade deal between the United States and Japan that puts the U.S. tariff on Japanese imports at 15% instead of the 25% levy threatened in early April and also commits Japanese businesses to invest $550 billion in America. Deals were […] More
Another About-Face in the Marketplace
April 23, 2025
Markets improved dramatically after flip-flopping President Trump changed his tone in two respects, signaling no intention of firing Powell and turning down the heat against China and in other trade negotiations. The weighted DXY dollar index has strengthened 0.8% so far today. Major U.S. stock indices have rebounded 1.5-3.0%. Equities are also sharply higher in […] More
Some Reprieve in the Panic But Uneasiness Lingers
March 12, 2025
U.S. stock futures were up 0.5-1.0% about an hour before the release of U.S. consumer price figures. In currency trading, the dollar rose 0.6% against the yen despite Bank of Japan Governor Ueda dispelling any notion of imminent direct intervention. He said recent yen appreciation was grounded in fundamental economic trends. Alternatively, the dollar fell […] More
Something to Watch: Dollar Has Declined on Each of the Two Days of Trump’s Presidency
January 22, 2025
Significant dollar losses on Tuesday were extended overnight. The dollar fell 0.5% against the Mexican peso, 0.4% versus China’s yuan, 0.2% relative to the euro, yen, won and Aussie dollar, and 0.1% vis-a-vis the Swiss franc and sterling. These moves may merely represent a correction from earlier euphoria over the incoming business-friendly administration and the […] More
