OECD Interim Forecast
First Batch of September PMI Surveys, Fed Official Comments and the OECD Interim Global Economic Outlook
September 23, 2025
There was scant dollar movement overnight of 0.1% or less, and U.S. stock futures are also marking time ahead of a speech by Fed Chairman Powell. Share prices in the Pacific Rim closed up 1.0% in Japan, 1.4% in Taiwan and 1.1% in Indonesia but down by 0.7% in Hong Kong and 0.2% in China. […] More
Record Low in Sterling and Other Financial Market Extremes
September 26, 2022
The British pound plunged overnight to an intra-day and all-time low of $1.0327. That’s down 25% from a 52-week high on October 20, 2021 and below the previous record low of $1.0345 in early 1985. Back then in an all-out fight to avoid the humiliation of sterling dropping below dollar parity, the Bank of England […] More
