Central Reserve Bank of Peru
Week Ends Without a Breakthrough in Middle East And Tech Sector Back in Favor
August 14, 2026
Two weeks shy of half-year since the Middle East war’s start, the sides have hunkered down for a game of economic and political attrition. The price of West Texas Intermediate crude oil is slightly up on the day and around 6% higher than a week ago. The dollar fell overnight by 0.7% against its New […] More
Financial Markets Continuing to Take Tense Middle East Situation in Stride — What We Worry?
July 10, 2026
The dollar dipped marginally overnight. Its most significant declines are drops of 0.3% against the yen and kiwi. The yen continues to get support from feared forex intervention, and Finance Minister Katayama is promoting plans to foster greater demand for JGBs. The Japanese 10-year government bond yield sank 13 basis points in Friday’s session. Among […] More
Trump Remark Elevates Peace Deal Hopes Further
June 12, 2026
Not for the first time in the last three months, President Trump has claimed that deal negotiations have made great progress, enough so to call off fresh military strikes against Iran. The multi-point plan reportedly would remove both Iranian and U.S. impediments against shipping traffic through the Strait of Hormuz, unfreeze Iranian financial assets, and […] More
Xi-Trump Summit Is Over But Concerns about Iran and Inflation Continue
May 15, 2026
The meeting between the Chinese and U.S. presidents exuded friendly optics but failed to allay fears about the continuing shutdown of the Strait of Hormuz and rising inflationary pressures felt around the world. More military confrontations were reported today from the Middle East. The dollar wore its refuge currency crown as the 11th week of […] More
Dollar Continues Rising But Stocks and Sovereign Debt Yields Pause Ahead of U.S. Data Reports
March 13, 2026
The weighted dollar index climbed another 0.4% overnight, moving above 100.0 for first time since November 25. The Korean won briefly touched 1500, its weakest level since March 31, 2009 when the global financial crisis was still raging. Other dollar advances so far today include gains of 0.6% versus sterling, which touched a 3-month low […] More
Dollar Exhibits Better Tone Ahead of U.S. CPI Releases, But Tech Stocks Retreat
February 13, 2026
Thursday’s difficult session for U.S. equities, led by the tech sector, extended into other countries on Friday with share prices closing down 1.6% in Singapore, 1.4% in Australia, 1.3% in China and India, 1.7% in Hong Kong, and 1.6% in Singapore. Stock markets in Spain and Italy are so far also showing losses in excess […] More
Several Countries Release Price Data and Industrial Production
October 10, 2025
The dollar slipped overnight by 0.3% against the yen, 0.2% versus the Korean won and New Zealand dollar, and 0.15 relative to the euro, Swiss franc and Mexican peso. Notable stock market movements in Asia this Friday ranged from gains of 1.7% in South Korea and 0.9% in Taiwan to losses of 1.0% in Japan […] More
Expectations Solidify that Fed Will Resume Rate Cutting Next Week
September 12, 2025
The dollar is modestly firmer this Friday. It’s biggest advance overnight, a 0.4% rise against the yen, was encouraged by a joint U.S.-Japanese statement reaffirming a long-established pledge to let economic fundamentals determine exchange rate values but also asserting that sharply volatile currency swings are unwelcome. The dollar also rose 0.2% relative to sterling, the […] More
Important Chinese, Japanese and U.S. Data Out… Next Up: Putin & Trump Talks in Alaska
August 15, 2025
The dollar fell overnight by 0.6% against the euro and peso, 0.5% versus the yen, and 0.3% relative to the Swiss franc and sterling. Ten-year sovereign debt yields climbed eight basis points in France and Italy, seven bps in France and Spain, six bps in Germany but just two bps in Japan and a single […] More
Three Huge Sources of Stress on World Financial Markets
June 13, 2025
Number one and most importantly, Israeli forces conducted a strike on Iranian nuclear and military installations and is promising escalating continuing attacks in the days ahead. Iranian officials are claiming the actions to constitute a declaration of war. Trump urges Iran to make a deal ASAP, while Rubio denies that the United States had any […] More
