Central Banks

Unlike Western central banks, BOJ sticks to monetary easing

by Tiffany K. on March 19, 2022 0

The Bank of Japan decided on March 18 to maintain its monetary easing measures rather than raising interest rates as central banks in the United States and Europe are doing. The decision came amid growing concerns in Japan over rising prices for fuel and other goods due to Russia’s invasion of Ukraine. The US... Read More

Forex Rates

Forward Guidance: Soaring Gas Prices Will Drive Up Inflation Rates

by Tiffany K. on March 11, 2022 0

Canada’s CPI report for February is expected to show a firm 5.4% year-over-year increase. It will likely rise closer to 6% in March due to soaring prices at the pump. In the first week of March alone, gasoline prices soared 16% – 46% above year-ago levels – as Russia’s invasion of Ukraine pushed prices... Read More

Technical Analysis

Week Ahead – Fed and BoE meet as inflation fears escalate

by Tiffany K. on March 11, 2022 0

Global markets fell into turmoil after the arrival of Russian forces in Ukraine. Commodity prices have exploded and traders are betting that this shock will keep the inflationary fire burning for some time. The Fed and Bank of England are expected to raise interest rates next week to combat soaring prices, although the most... Read More

Forex Rates

Australian Dollar Outlook: Commodities Dominate AUD

by Tiffany K. on March 7, 2022 0

The Australian dollar gained ground last week as turbulence from the Russian invasion of Ukraine rippled through markets. While central banks and underlying fundamentals still have a role to play, the bigger picture could see capital flows dominate the AUD. Trade data released during the week came in better than expected at AUD 12.9... Read More

Central Banks

Hour of Reckoning on Russia Fallout Threats Markets: Eco Week

by Tiffany K. on March 5, 2022 0

Breadcrumb Links PMN Company Author of the article: Bloomberg News Vince Golle and Craig Stirling Content of the article (Bloomberg) – In the space of an hour on Thursday, another high-profile US inflation printout and the European Central Bank’s first major decision since Russia’s invasion of Ukraine will put on the spotlight. tests investors... Read More

Central Banks

Are central bank digital currencies the key to unlocking financial inclusion in Africa?

by Tiffany K. on March 3, 2022 0

Technology is changing money as we know it. Financial technology or fintech as a form of financial innovation has reshaped the financial services industry, especially in sub-Saharan Africa. More recently, the advent of central bank digital currencies (hereafter CBDCs) presents a transformational opportunity for the global financial industry. New analysis shows that over 90%... Read More

Central Banks

The Week Ahead – Central Banks, US Non-Farms, and Geopolitics in Brief

by Tiffany K. on February 26, 2022 0

On the macro It’s a particularly busy week ahead on the economic calendar, with 80 stats expected in the week ending 4and March. The previous week, 57 statistics had been finalized. For dollars: ISM manufacturing and non-manufacturing PMI, ADP non-farm payrolls developments and early jobless claims will catch the eye Monday through Thursday. Friday’s... Read More

Central Banks

Oil at $100 set to aggravate inflationary shock to global economy

by Tiffany K. on February 24, 2022 0

It’s a worrying combination for the US Federal Reserve and other central banks as they seek to contain the strongest price pressures in decades without derailing the post-pandemic recovery. London futures jumped 3.3% as the dramatic escalation of the Ukraine crisis in Russia raised fears of a disruption in the region’s critical energy exports.... Read More

Forex Rates

Forex movements reflect various factors

by Tiffany K. on February 15, 2022 0

Reuters reported that Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the central bank‘s offer to buy unlimited government bonds reflected his view that the recent rate hike long-term interest of the country was due to factors unrelated to its economy. “We don’t plan to conduct such an operation frequently. We will... Read More

Cryptocurrency

Countries where cryptocurrency is taxed

by Tiffany K. on February 11, 2022 0

One of the hottest financial terms that is making headlines and almost everyone’s minds right now is cryptocurrency. No matter what country you live in, you must have come across this term at least once, right? And almost every other day there is news about the governments of various countries taking action for or... Read More

Central Banks

Historic central bank leak calls ‘buying the dip’ into question

by Tiffany K. on February 9, 2022 0

The odds that investors will avoid a rare year of equity declines are diminishing as central banks prepare to undertake the biggest cash drain in history. The US Federal Reserve, the European Central Bank and the Bank of England are signaling a reversal in emergency monetary parameters in the event of a pandemic. The... Read More

Central Banks

European stocks falter as traders assess future central bank policy

by Tiffany K. on February 7, 2022 0

European stocks opened the week indecisively, after a last-minute rally on Wall Street on Friday, as uncertainty over how the end of pandemic-era stimulus programs will affect markets continued to boost exchanges. The regional Stoxx 600 index, which has lost more than 5% so far this year in a move echoing declines on Wall... Read More

Technical Analysis

Weekly economic and financial commentary: Omicron not enough to crush the payday party

by Tiffany K. on February 5, 2022 0

Summary United States: Omicron is not enough to crash the Payroll Party This week ushered in a wide range of economic indicators that covered everything from supply chains to the housing market, but needless to say, it was the labor market that came to the fore. Nonfarm payrolls rose by 467,000 in January, which... Read More

Central Banks

S&P 500 rises after Amazon earnings, jobs report

by Tiffany K. on February 4, 2022 0

The S&P 500 and Nasdaq Composite rose on Friday, pushing major stock indexes to weekly gains, after a better-than-expected January jobs report showed the economy continues to grow solidly. The tech-focused Nasdaq Composite jumped 219.19 points, or 1.6%, to end at 14098.01, a day after the index posted its biggest loss since September 2020.... Read More

Central Banks

To prevent an invasion of Ukraine, threaten to sanction the Russian central bank

by Tiffany K. on February 2, 2022 0

Only credible deterrence can prevent Russia’s invasion of Ukraine and another war in Europe. The threat of devastating financial, trade and personal sanctions from the West is credible but may not be deterrent enough. The threat of a Western military response might have a deterrent effect but is not credible. A single deterrent is... Read More

Central Banks

JGB 10-year yield hits six-year high as global tightening pressures weigh on BOJ

by Tiffany K. on January 31, 2022 0

TOKYO, Jan 31 (Reuters) – Yields on Japan’s benchmark 10-year government bonds climbed on Monday to their highest level since the Bank of Japan‘s negative interest rate policy began six years ago. years, as investors wondered whether the central bank would be swayed by policy tightening in the United States and elsewhere. The 10-year... Read More

Central Banks

Chinese yields fall, curve steepens after further cut in short-term rates

by Tiffany K. on January 24, 2022 0

SHANGHAI, Jan 24 (Reuters) – Yields on China’s benchmark government bonds fell to a key low on Monday for the first time in nearly 20 months after the central bank announced its latest rate cut and as Expectations are growing for further easing to stabilize the slowing economy. China’s 10-year yield slipped below 2.7%... Read More

Central Banks

Libyan Central Bank begins reunification process

by Tiffany K. on January 21, 2022 0

The Central Bank of Libya will soon begin to unite the country’s competing financial institutions. The bank’s governor, Saddek Omar Elkaber, announced the “reunification process” yesterday, adding that the institution had hired US consultancy firm Deloitte to help. The result will be a unified central bank in Libya. Elkaber called the news a “national... Read More

Central Banks

German 10-year bond yield is trading in positive territory

by Tiffany K. on January 19, 2022 0

Outgoing Finance Minister and new German Minister Chancellor Olaf Scholz delivers a speech during the handover ceremony with his successor at the German Federal Ministry of Finance in Berlin, Germany, December 9, 2021. Tobie Schwarz | Reuters Borrowing costs for the German government continued their ascent on Wednesday, with the benchmark 10-year Bund yield... Read More

Central Banks

The inflation challenge for central banks

by Tiffany K. on January 16, 2022 0

idea room There is still considerable uncertainty about the trajectory of the Covid-19 pandemic and its effects on the global economy. Inflation has recently increased around the world and many central banks around the world will raise their key rates to stabilize inflation in 2022, says Dr. Murat Ungor. GDP fluctuations to date during... Read More

Forex Rates

Sri Lanka’s CCP demands end to ruling circular debt amid forex crisis

by Tiffany K. on January 15, 2022 0

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation is seeking to end the island’s power utility “circular debt” as utility losses from price controls land on the oil company as an unpaid debt. Sri Lanka faces sporadic power outages in January as the utility runs out of fuel with a 300-megawatt coal-fired power station... Read More

Central Banks

Inflation will likely melt in 2022 – central banks will do a lot more harm trying to tackle it

by Tiffany K. on January 14, 2022 0

It remains to be seen whether the omicron variant will move Sars-CoV-2 to a manageable endemicity. But as that happens, there will always be a “long COVID” to contend with. The latest inflation headlines — a 7% annual rise in the U.S. and tougher speeches from Federal Reserve Chairman Jerome Powell about cutting it... Read More

Forex Rates

Update on interest rate expectations of the BOE and the ECB

by Tiffany K. on January 12, 2022 0

Overview of central bank supervision: The BOE appears poised to move forward with several rate hikes in 2022, as rate markets are currently forecasting at least four moves by December. There remains a mismatch between the ECB’s rhetoric and market prices, as policymakers continue to suggest that no rate hike will come in 2022.... Read More

Central Banks

Capital is not a strategy

by Tiffany K. on January 9, 2022 0

Like the rest of the world, entrepreneurs have lived the past twelve years in an unprecedented financial environment. Responding first to the stubborn slow recovery from the 2008 financial crisis, and then to the recession caused by Covid-19, major central banks have supported a series of unconventional initiatives and asset purchase programs collectively known... Read More

Forex Rates

FOREX-Dollar Falls After US Jobs Report

by Tiffany K. on January 7, 2022 0

(Add details, update prices; change signature, date; previous LONDON) By Chuck Mikolajczak NEW YORK, Jan. 7 (Reuters) – The US dollar edged down against a basket of major currencies on Friday on the heels of December’s jobs report that fell short of expectations. The dollar index weakened after the Labor Department said non-farm payrolls... Read More

Central Banks

Fed rate view clears outlook for European bank stocks

by Tiffany K. on January 6, 2022 0

The headquarters of the European Central Bank (ECB) is seen at sunset in Frankfurt, Germany on January 5, 2022. REUTERS / Kai Pfaffenbach Register now for FREE and unlimited access to Reuters.com Register European bank stocks at their highest for more than three years Bank shares jumped 70% in one year until November 2021... Read More

Technical Analysis

A new variant welcomes the New Year: Top Trade Q1 2022

by Tiffany K. on January 1, 2022 0

As the timeline turns to 2022, the slate is wiped from the sustained enthusiasm that has driven risk markets up through the second half of 2020 and throughout 2021. Aggressive fiscal stimulus is on the way. now in the rearview mirror, as central banks around the world have started rolling back on asset purchases... Read More

Central Banks

Major banks’ forecasts for 2022: JPY, GBP, CAD, AUD, CHF, SEK, CNH

by Tiffany K. on January 1, 2022 0

We talked a week ago about what experts at the world’s biggest banks and agencies think about the behavior of the EUR / USD pair through 2022. And the fact that we paid attention to it in the first place makes some sense. : after all, this pair is the most traded in the... Read More

Forex Rates

CAD / JPY long as the interest rate differential begins to widen: Top Trade Q1 2022

by Tiffany K. on January 1, 2022 0

The coming year will see a series of global central banks overturn their loose, pandemic monetary parameters of the decisions of the past two years and begin to normalize monetary policy by withdrawing emergency stimulus measures and raising interest rates. Major central banks, including the Federal Reserve, Bank of England, Reserve Bank of Australia... Read More

Forex Rates

EURGBP, EURCHF and EURNZD configurations as rate forecast stretch

by Tiffany K. on December 30, 2021 0

EURGBP, EURCHF and EURNZD talking points The ECB is one of the most accommodating of the major central banks, but it is not the only resolutely accommodating structure EURGBP hits 20-month low after BOE’s recent rate hike, but is it now a widely recognized disparity? The RBNZ is another group already tightening with more... Read More

Central Banks

Major economies and markets are doing well despite Covid, but 2022 brings new risks | Nouriel Roubini

by Tiffany K. on December 30, 2021 0

DDespite the declines and disruptions due to new variants of Covid-19, 2021 has turned out to be a relatively positive year for economies and markets in most parts of the world. Growth exceeded its potential after the severe recession of 2020, and financial markets have recovered vigorously. This has been particularly the case in... Read More

Central Banks

Bank of England to step up talks on crypto rules

by Tiffany K. on December 22, 2021 0

It hasn’t been easy for the Bank of England (BoE) to find the information it needs on institutional cryptocurrency exposure. As a result, the UK central bank has said it plans to step up the pace of global negotiations to establish regulations on the world’s newest assets. Sarah Breeden, director of financial strategy and... Read More

Technical Analysis

Technical analysis of gold: stopped by the recovery of the dollar

by Tiffany K. on December 20, 2021 0

Although the world’s central banks have decided to tighten their monetary policies, including those that have actually raised interest rates, appetite for safe havens has grown amid global fears of the threatening Omicron variant. a worldwide closure at Christmas. As a result, the price of gold returned to the resistance level of $ 1815... Read More

Central Banks

ECB governors called for greater recognition of inflation risks – sources

by Tiffany K. on December 20, 2021 0

The headquarters of the European Central Bank (ECB) in Frankfurt, Germany on March 12, 2016. REUTERS / Kai Pfaffenbach / File Photo Register now for FREE and unlimited access to Reuters.com Register FRANKFURT, December 20 (Reuters) – European Central Bank policymakers meeting last week called for greater recognition of inflation risks, but were pushed... Read More

Technical Analysis

Weekly Economic and Financial Commentary: The Hawkish Fed Steals The Show

by Tiffany K. on December 18, 2021 0

Summary United States: Hawkish Fed Steals Show, But Supply Problems Linger Behind The Scenes The more hawkish tone that emerged from the last Fed policy meeting was the main event that caught the markets’ attention this week. But in other news, retail sales data disappointed as higher prices were factored into spending and industrial... Read More

Central Banks

Stocks fall as hawkish central bank tilt upsets markets

by Tiffany K. on December 17, 2021 0

A man wearing a protective mask, amid the COVID-19 outbreak, is reflected on an electronic board displaying stock prices outside a brokerage house in Tokyo, Japan, September 21, 2021. REUTERS / Kim Kyung-Hoon Register now for FREE and unlimited access to Reuters.com Register Stocks slide in all regions, oil prices fall The BoJ takes... Read More

Central Banks

Nasdaq – Central Bank

by Tiffany K. on December 15, 2021 0

Nasdaq – Central Bank Nasdaq Market surveillance & Monitoring (SMART) provides central banks with a robust platform to monitor cross-market, inter-asset and multi-site data monitoring and analysis, ensuring that users can maintain regulatory control, analyze economic data and investigate issues. economic developments. Nasdaq’s solutions enable the standardization of data from multiple sources to provide... Read More

Technical Analysis

Sunset Market Commentary – Forex Stock

by Tiffany K. on December 13, 2021 0

Markets 20. This is roughly the number of central banks that will hold their last policy meeting in 2021. The big events this week notably the Fed (Wednesday), the Bank of England and the ECB (both Thursday). Turkey, Norway, Switzerland, Japan, Russia, Hungary and many more along with important economic data (EMU PMI, US... Read More

Central Banks

Dollar Up, Investors’ Christmas Wish is for Omicron, Central Bank Clarity By Investing.com

by Tiffany K. on December 13, 2021 0

© Reuters By Gina Lee Investing.com – The dollar was higher on Monday morning in Asia, starting the week quietly ahead of a series of key central bank policy decisions, including the, throughout the week. The price following the greenback against a basket of other currencies edged up 0.12% to 96.190 by 11:49 pm... Read More

Cryptocurrency

Cryptocurrency: Crypto is ‘best candidate’ for correction, fund managers say

by Tiffany K. on December 8, 2021 0

In many ways, 2021 was the year cryptocurrencies were finally adopted by institutions. Now, those same fund managers say the asset class is ripe for a sell off next year. Digital assets are the ‘top contender’ for a ‘major correction’ in 2022, with nearly three-quarters of institutions surveyed saying they are not a suitable... Read More

Forex Rates

Food prices climb closer to record, increasing inflation anxiety

by Tiffany K. on December 2, 2021 0

(Bloomberg) – Food prices have moved closer to an all time high, giving consumers and governments around the world an even bigger headache in the face of inflation. Bloomberg’s Most Read A United Nations indicator on world food prices rose 1.2% last month, threatening to make it more expensive for households to put a... Read More

Central Banks

Central banks are considering their own digital currencies

by Tiffany K. on December 1, 2021 0

A battle seems to be brewing in the crypto arena – a battle that pits central banks against the bitcoin (and other cryptocurrencies) of the world. The latest illustration comes from reports that Indonesia’s central bank is considering using central bank digital currencies (CBDCs) as a way to ‘fight’ cryptocurrencies. According to Bloomberg reports,... Read More

Central Banks

Tanzania prepares to launch its own central bank digital currency

by Tiffany K. on November 29, 2021 0

Tanzania’s central bank will soon launch its own digital currency. Governor Florens Luoga revealed the news on Thursday at the “20th Conference of Financial Institutions (COFI)” hosted by the central bank. Luoga said, quoted by Bloomberg, “The Bank of Tanzania has already started preparing to have its own central bank digital currencies (CBDCs) to... Read More

Forex Rates

FOREX-Dollar Slides From 16-Month Highs As Fed Warmongering Dominates

by Tiffany K. on November 25, 2021 0

* Dollar index slips, still close to 16-month highs * Fed meeting minutes show willingness to hike * Swedish Riksbank keeps rates on hold * Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (Price update, add comment) By Elizabeth Howcroft LONDON, Nov. 25 (Reuters) – The dollar slipped on Thursday but was still close to its highest... Read More

Central Banks

Change of direction to test Mexico’s central bank as inflation soars

by Tiffany K. on November 24, 2021 0

MEXICO CITY, Nov. 24 (Reuters) – Mexican President Andres Manuel Lopez Obrador’s surprise reshuffle of the process for appointing the next head of the Bank of Mexico (Banxico) has cast doubt on the bank’s rate-tightening cycle as that it is struggling to control high inflation. Lopez Obrador, a left-wing populist who has already appointed... Read More

Central Banks

Central banks are stuck in a “mirror room”

by Tiffany K. on November 20, 2021 0

Pharmaceutical companies have patent portfolios, great power navies have aircraft carriers, and central banks have their “canonical” econometric models. Browned and refined over decades, the canonical models (all quite similar to each other) are proof, especially for central bankers themselves, that their decisions are based on a coherent philosophy. The profession does not want... Read More

Forex Rates

What is Forex Trading? | The bank rate

by Tiffany K. on November 18, 2021 0

Forex trading, or foreign exchange, involves exchanging one currency for another. There may be functional reasons for engaging in forex trading, such as traveling overseas and needing to exchange dollars for the currency of the country you are traveling to, but there may also be financial reasons. or speculative to trade currencies. Here is... Read More

Central Banks

The Central Bank will launch a CBDC

by Tiffany K. on November 17, 2021 0

The President of the Central Reserve Bank of Peru (BCRP), Julio Velarde, announced that they are working on the development of a CBDC in collaboration with other central banks around the world. As the country experiences instability and inflation in goods and services, the central bank is discussing financial models to tackle the looming... Read More

Central Banks

Biden is expected to choose Fed chief soon; Fed officials point to limits to central bank role on climate change

by Tiffany K. on November 15, 2021 0

Good day. President Biden is expected to decide as early as this week whether he will appoint Federal Reserve Chairman Jerome Powell or Governor Lael Brainard for a four-year term as head of the central bank from next February. Given that Ms Brainard’s views on inflation and interest rates have been similar this year... Read More

Central Banks

Easygoing central banks fuel the stock markets, what’s next?

by Tiffany K. on November 8, 2021 0

The S&P 500 and the Nasdaq hit a new record. In fact, last week marked the sixth consecutive trading session in a row of new all-time highs as the world’s major central banks remain mostly dovish and third-quarter earnings continue to beat Wall Street expectations. Central banks The Bank of England was the last... Read More

Central Banks

Warning stories from high-inflation emerging economies

by Tiffany K. on November 5, 2021 0

November 6, 2021 IN LAST MONTHS the global economy ended up looking like an undercooked microwave dinner: usually hot, but with a few bits just lukewarm and others positively scorching. Global consumer prices are expected to rise 4.8% this year, according to the IMF, which is said to be the fastest rise since 2007.... Read More

Forex Rates

Why currency volatility could make a comeback

by Tiffany K. on October 30, 2021 0

October 30, 2021 FOREIGN-EXCHANGE the markets were once a hotbed of lively speculative activity. But today traders looking for an adrenaline rush should look to assets like cryptocurrencies instead. Barring a brief surge at the start of the pandemic – and isolated events in the Turkish lira – currency markets have been silent. Macro-trading... Read More

Central Banks

Central banks – Playing catch-up with inflation

by Tiffany K. on October 30, 2021 0

By Natalia Gurushina, Chief Economist, Emerging Markets Bond Strategy, VanEck The poor publication of Polish inflation indicates that it is too early for the central bank to relax. Brazil may have been one of the budget stars of emerging markets this year – can the government resist the temptation to spend more? Some central... Read More

Central Banks

Towards green balance sheets for central banks

by Tiffany K. on October 28, 2021 0

In 2020, the Bank of England (BoE) became the first central bank to disclose climate risks associated with its monetary portfolio. In a report, the UKThe central bank has taken stock of its climate-related financial risks in all of its operations, including how it manages them. There is now no doubt among central bankers... Read More

Technical Analysis

EUR / USD technical analysis: failure of the upward correction

by Tiffany K. on October 26, 2021 0

Attempts to bounce back by EUR / USD, which hit the resistance level of 1.1667, quickly evaporated and came back to stabilize below the 1.1600 support. This move comes as the euro loses the momentum needed to continue the correction. In the United States of America, the factors that affect the gains made by... Read More

Central Banks

Bond investors remain confused about inflation as doves rule central banks

by Tiffany K. on October 26, 2021 0

There is a lot of confusion among investors regarding inflation. There are two schools of thought: those who think it is a problem and those who don’t. Since Treasury Secretary Janet Yellen, former Federal Reserve Chairperson and successful economist in her own right, is part of the latter group, investors are reluctant to get... Read More

Central Banks

The dollar gains a foothold as inflation weighs on the rate outlook

by Tiffany K. on October 25, 2021 0

A Korea Exchange Bank employee counts 100 US dollar bills during a photo op at the bank’s headquarters in Seoul on April 28, 2010. REUTERS / Jo Yong-Hak SINGAPORE, Oct. 25 (Reuters) – The dollar stabilized on Monday after its biggest weekly loss in more than a month, as traders assess the effect of... Read More

Central Banks

Week ahead: return of central banks, political drama and big profits

by Tiffany K. on October 23, 2021 0

Without many catalysts for the markets over the past few weeks, potential market movement events will come back in full force this week! After a few weeks in the shadow of the big central banks, the BOC, the BOJ and the ECB meet to discuss monetary policy. In addition, politics are back in the... Read More

Central Banks

The only way is to go up: business leaders warn about prices

by Tiffany K. on October 21, 2021 0

Adds details on CBI, AutoNation, SouthWestern and Unilever investigation Unilever warns prices will continue to rise next year Randstad says labor shortages will persist for years UK manufacturers have been increasing their prices more and more since 1980 October 21 (Reuters) – For central bankers grappling with whether inflationary pressures are transient, industry leaders... Read More

Central Banks

The Dollar Wobbles As Global Inflation Soars; kiwi jumps

by Tiffany K. on October 18, 2021 0

New Zealand dollars Marc Coote | Bloomberg | Getty Images The dollar had a shaky start to the week on Monday, with the kiwi and the pound slightly higher after a reading of searing inflation in New Zealand and hawkish remarks from the head of the British central bank that put the uptick interest... Read More

Central Banks

Is the global economy entering a wage-price spiral?

by Tiffany K. on October 14, 2021 0

October 16, 2021 TIT RICH world is used to wages and prices rising slowly. In the decade following the global financial crisis, inflation rarely exceeded central bank targets and wages seemed unable to grow much faster. The purchasing power of the average hourly wage in Britain, Italy and Japan was about the same at... Read More

Central Banks

Stagflation woes hit US stocks; The 2-year Treasury yield jumps

by Tiffany K. on October 12, 2021 0

NEW YORK (Reuters) – US stocks fell in choppy trading on Tuesday, as investors waited for companies to report how rising prices hit their last profits, as bond yields soared and the dollar shone on the bets that monetary policy will soon be tightened. Traders work on the floor of the New York Stock... Read More

Central Banks

Power shift in the global economy

by Tiffany K. on October 11, 2021 0

The COVID-19 pandemic has caused a huge shock to the global economy, just as we are witnessing a major shift in economic management decisions. It’s a change that could leave central banks on the sidelines as we navigate the economic impact of COVID-19, leaving governments firmly in the driver’s seat. The economic shock of... Read More

Central Banks

Long USD / ZAR As Major Central Banks Reign In Stimulus: Top Fourth Quarter Trade

by Tiffany K. on October 9, 2021 0

{{GUIDES | TOP | See DailyFX’s best Q4 opportunities in our guide!}} Central bank easing gathers momentum Global central banks are no longer just talking about cutting stimulus buying and raising interest rates – some have already started to implement this. Here are some of the recent tweaks: BCE – Reduction in monthly purchases... Read More

Central Banks

Does anyone really understand inflation?

by Tiffany K. on October 7, 2021 0

October 9, 2021 FOR ECONOMICAL the writing – a genre stylistically closer to computer textbooks than to literature – a discussion paper recently released on the Federal Reserve’s website is a blessed relief. Jeremy Rudd, a Fed researcher, includes quotes from William Butler Yeats and Dashiell Hammett. He uses phrases such as “cranky nonsense”... Read More

Central Banks

New Zealand central bank raises interest rates

by Tiffany K. on October 6, 2021 0

WELLINGTON, New Zealand — The New Zealand central bank has raised interest rates to a record high and signaled further increases over the next year as it seeks to control inflation and curb the surge in house prices. By raising its key rate from 0.25% to 0.5%, the Reserve Bank of New Zealand has... Read More

Central Banks

The tough test of emerging markets | Financial Time

by Tiffany K. on October 5, 2021 0

This article is an on-site version of the Unhedged newsletter. subscribe here Send the newsletter directly to your inbox on weekdays Hello. A hard day this Monday. Soaring energy prices seem to have caused one of our regular stagflation crises. Long-term growing “Faang” stocks were hit harder than the broader market, small-cap stocks fell... Read More

Forex Rates

FX: Will risk appetite eclipse rate decisions and data?

by Tiffany K. on October 4, 2021 0

Investors have started this busy trading week with concerns about how central bank policy will change in a broader recovery. They have fallen by more than 300 points and while these declines are often due to signs of economic weakness, potential policy changes in response to recoveries can also weigh on market sentiment. The... Read More

Central Banks

The BIS Charts Promise and the Risks of the Central Bank’s Digital Currency

by Tiffany K. on October 3, 2021 0

Days after taking a cautious eye on ESG investing, the club of some of the world’s major central banks took a look at central bank digital currencies. Some of the world’s major central banks and the Basel-based Bank for International Settlements have embarked on another debate on the arguments for or against digital currencies,... Read More

Central Banks

The market is right to be afraid of rising bond yields

by Tiffany K. on October 2, 2021 0

No one likes to lose money, but Tuesday’s drop in stock prices worries me more than the stock of a 2% drop in the S&P 500 should. In itself, 2% is not a big deal: three days this year have had larger falls, and on average we have had seven worst days per year... Read More

Forex Rates

‘Perfect storm’ drives dollar up in volatile markets By Reuters

by Tiffany K. on October 1, 2021 0

© Reuters. FILE PHOTO: A photo illustration shows US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS / Yuriko Nakao / File Photo By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) – A crushing dollar rally gathers pace, fueled by a hawkish Federal Reserve tilt, rising Treasury yields and... Read More

Central Banks

Business This Week | The Economist

by Tiffany K. on October 1, 2021 0

October 2, 2021 Listen to this story Your browser does not support the item . Enjoy more audio and podcasts on ios Where Android. Janet Yellen, Secretary of the United States Treasury, has given her strongest warning yet on the potential consequences of not raising the federal rate debt limit, saying it would be... Read More

Central Banks

Celo introduces Provo, a sandbox for central banks to explore digital currencies

by Tiffany K. on September 30, 2021 0

Celo, the first mobile blockchain focused on emerging markets, announced the launch of Provo, a value-added sandbox for public and official sector experimentation on the Celo blockchain. Through Provo, central banks can explore and experience central bank digital currencies and other digital assets. According to Celo, the Provo service will allow central banks to... Read More

Technical Analysis

U.S. government shutdown negotiations at a glance

by Tiffany K. on September 30, 2021 0

Market players today We expect the US Congress to pass a short-term funding bill before the deadline of midnight U.S. Time, which would avoid a government shutdown on Friday. On economic data, we will have both German inflation and unemployment figures for September. Weekly jobless claims are released for the United States and the... Read More

Forex Rates

FOREX-Dollar at 2021 Highs Even as US Government Shutdown Looms

by Tiffany K. on September 29, 2021 0

* Chart: Global exchange rates https://tmsnrt.rs/2RBWI5E (Price updates) By Iain Withers LONDON, Sept. 29 (Reuters) – The dollar soared on Wednesday and peaked in 2021 against rival currencies, even as disputes in Washington over the US debt ceiling threatened to plunge the government into shutdown. The greenback – the global reserve currency seen as... Read More

Central Banks

The financial sector has passed the severe phase of the pandemic shock of Covid-19 “with enough success”

by Tiffany K. on September 29, 2021 0

As a result of the measures taken by the National Bank of Georgia (NBG) aimed at ensuring the stability of the financial system as a whole in Georgia, the financial sector has passed the particularly severe phase of the shock caused by the Covid-19 pandemic “all quite successfully, ”says the NBG in its recent... Read More

Cryptocurrency

Best Cryptocurrency Prices Today: Tokens Consolidate in a Range; Cardano down 4%

by Tiffany K. on September 29, 2021 0

New Delhi: Caution not only crept into the stock markets, the cryptocurrency market was also affected on Wednesday. Major cryptocurrencies traded flat or with negative bias and sharply declining volumes. Among the top 10 names, Cardano was the biggest loser, down almost 4%. Polkadot and XRP fell more than 2%. Others have also declined.... Read More

Central Banks

Central Bank’s Digital Currencies Could Lower Costs of Cross-Border Payments and Speed ​​Transactions to Seconds, BIS Says | Currency News | Financial and business news

by Tiffany K. on September 28, 2021 0

Banknotes around the world. Thomson reuters Digital fiat currencies could reduce costs and time associated with cross-border payments, the Bank for International Settlements said. The BIS presented the results of testing a prototype digital currency platform as part of the mCBDC Bridge project. The prototype showed that payment transactions could be completed in seconds... Read More

Central Banks

Bond investors prepare for central bank change of course

by Tiffany K. on September 27, 2021 0

undefined updates Sign up for myFT Daily Digest to be the first to hear about undefined news. Central banks around the world have spent the past 18 months buying debt at record rates, helping to support bond prices even as governments borrowed unprecedented amounts to fight the Covid pandemic. Now bond investors are wondering... Read More

Central Banks

Latin America Inflation Threat Sparks More Hikes: Green Week

by Tiffany K. on September 25, 2021 0

(Bloomberg) – Latin America’s fight against soaring consumer prices is expected to shift to a new front this week, with Colombia set to become the region’s fifth-largest economy under a targeting regime. inflation aimed at tightening monetary policy. Bloomberg’s Most Read Bogota’s central bank is almost certain to join its peers on Thursday and... Read More

Central Banks

Wall Street posts weekly gains as bond yields rise

by Tiffany K. on September 24, 2021 0

Newsletter: Not covered The most important market trends and how the best minds on Wall Street are responding to them. Delivered every day of the week. Stocks on Wall Street faltered on Friday and public debt was liquidated as investors closely watched the ongoing Evergrande crisis and digest hawkish signals from several major central... Read More

Central Banks

Philip R. Lane: Structural change and central banking: some research priorities

by Tiffany K. on September 24, 2021 0

Contribution of the panel of Philip R. Lane, member of the Executive Board of the ECB, to the 5e Research seminar on joint regional financing agreements organized by the European Stability Mechanism Frankfurt am Main, September 24, 2021 Structural changes (especially digitization and the carbon transition) are expected to have a great influence on... Read More

Central Banks

Ripple partners with central bank of Bhutan to pilot CBDC

by Tiffany K. on September 23, 2021 0

The Royal Monetary Authority (RMA) – the central bank of Bhutan – has partnered with Ripple to launch a digital version of its national currency. The institution anticipates the initiative to increase the country’s financial inclusion by 85% in the next two years. Ripple and Bhutan shake hands Enterprise blockchain provider Ripple has announced... Read More

Central Banks

Central banks look to two-tier retail CBDC model amid disruption fears

by Tiffany K. on September 23, 2021 0

Source: AdobeStock / pedrosala According to a recent report by an international risk assessment firm Moody’s. “Based on the existing and proposed pilot programs, the development of the CBDC is done in conjunction with the existing financial market infrastructure, the two-tier model,” the report said, adding: “Under this approach, banks and other financial intermediaries... Read More

Central Banks

The reconquest of central banks – East African Business Week

by Tiffany K. on September 22, 2021 0

Anne Pettifor, LONDON – Fifty years ago, a US president closed the gold window, ended capital controls and ushered in a new era of global finance. The “Nixon shock” overnight reshaped the international monetary system, then gradually changed the status of central bankers. Instead of acting as servants of the national economy, those responsible... Read More

Central Banks

Reclaiming central banks by Ann Pettifor

by Tiffany K. on September 21, 2021 0

By serving private capital markets rather than citizens and taxpayers, central banks are a major obstacle to meaningful climate action. Half a century after US President Richard Nixon and his advisers reshaped the international monetary system, now we must transform it again. LONDON – Fifty years ago, a US president closed the gold window,... Read More

Central Banks

End quantitative easing policies so that we have a more equal world

by Tiffany K. on September 20, 2021 0

One of the positive aspects of the speech Jerome Powell, chairman of the US Federal Reserve, gave at the annual Jackson Hole conference this year was that it did not include the terms “inequality” and “climate change”. It was something, given the enthusiasm with which central banks have jumped on the climate and inequality... Read More

Central Banks

Dollar rises as central banks, including the Fed, prepare to make policy decisions

by Tiffany K. on September 19, 2021 0

By Gina Lee Investing.com – The dollar was higher Monday morning in Asia. However, moves have been limited as major Asian markets have been shut down and a large number of central banks, including the US Federal Reserve, prepare to make their final policy decisions. The US dollar index that tracks the greenback against... Read More

Central Banks

Should central banks take climate change into account when formulating monetary policy? Here’s what Kenneth Rogoff has to say

by Tiffany K. on September 18, 2021 0

“Central banks must think about preserving financial stability, stability of inflation, they are not responsible for imposing a carbon tax,” said Kenneth Rogoff, professor of economics at Harvard University. An unusual question has been raised in the central bank’s public debates by an unusual person. Urjit Patel, former Governor of the Reserve Bank of... Read More

Central Banks

Crypto assets are absolutely not currencies, says European Central Bank President Christine Lagarde

by Tiffany K. on September 17, 2021 0

European Central Bank (ECB) President Christine Lagarde draws a hard line between crypto assets and traditional currencies. In a new interview on David Rubenstein’s show, Lagarde explains why she thinks the word “cryptocurrency” is a misnomer. “Cryptos are not currencies – period. Cryptos are highly speculative assets that claim their fame as a currency,... Read More

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