Summary of key points:- Currency risks for future exporters Three price charts that testify to our long-standing inflation problem Currency risks for future exporters Exporting companies from all industry sectors in New Zealand currently considering their business plans for the next few years should not be content with the financial …
Read More »Sri Lanka’s central bank surprised by runaway inflation
ECONOMYNEXT – Sri Lanka’s central bank has been taken by surprise by the sharp rise in inflation, Governor Nivard Cabraal said after inflation hit 15.1% in February 2022, after two years of printing record currency to keep interest rates low. The central bank also accused banks of failing to raise …
Read More »February review: ASX outperforms
Australia | March 03, 2022 Gains in the energy and materials sectors offset technology losses, leading to a 2.1% total return for the ASX200 in February as Australia outperformed global equity markets. -ASX200 gained 2.1% (total return) in February-Value continues to outperform growth-Energy and Materials were among the top performers …
Read More »2022 outlook for gold and silver
ILast week, Charlotte McLeod of the Investing News Network interviewed Shree Kargutkar, Portfolio Manager at Sprott Asset Management, to discuss his outlook for gold and silver. In 2019, spot gold rose 18.13% and surged 25.12% before hitting a muted 2021 as the yellow metal consolidated. Kargutkar expressed surprise at the …
Read More »The euro retreats after the shock of the war
The euro edged higher on Friday after Thursday’s sharp declines following Russia’s invasion of Ukraine. The U.S. dollar edged lower against most currencies as markets pulled back from some of the stormy moves of the previous day. The Russian ruble also recovered ground, trading at around 83.5 to the US …
Read More »Myths, truths about dollarization – The Zimbabwe Independent
Victor Bhoroma AnalystAFTER trying for three years to impose a single currency while avoiding critical economic reform, Zimbabwe’s dedollarization plan has all but failed. The economy has returned to the multi-currency regime that prevailed between 2009 and 2018, with US dollar transactions now dominating formal and informal trade. Even though …
Read More »Soaring crude oil prices would require RBI to act: MPC minutes
Mumbai: Members of the RBI’s monetary policy committee had been considering what steps to take in case the situation in Europe leads to higher oil prices. Minutes of the February 9 Monetary Policy Committee (MPC) meeting, released on Thursday, reveal that central bank policy action would be needed if energy …
Read More »South African rand strengthens as dollar struggles, stocks rise
youpdate rand, add stocks JOHANNESBURG, February 1 (Reuters) – The South African rand strengthened on Tuesday, holding onto gains made in the previous session after the dollar fell as investors consolidated the greenback’s recent gains. At 3:50 p.m. GMT, the rand ZAR=D3 was trading at 15.3200 against the dollar, 0.49% …
Read More »Take a look at the Fed – Monterey Herald
The Federal Reserve is the most powerful financial institution in the world. One way or another, his actions and policies touch your daily life. Here are some things you should know about this powerful but misunderstood institution. The Federal Reserve is the central bank of the United States of America. …
Read More »Impending Fed rate hikes raise fears of deja vu in emerging markets | Debt News
If there was one character in literature who best reflected the power the US Federal Reserve wields over the global economy, it would be Gulliver. Although he was a good guy who meant no harm, his very massiveness presented a danger to everyone around him – in this case, the …
Read More »Monday Market Minutes: Ursa Major – ShareCafe
Global equities suffered their biggest decline in more than a year last week, as heavy losses in Netflix shares on Friday accentuated a sell-off in tech stocks that spread to other sectors. After falling for the fourth straight day on Friday, Wall Street had its worst week in nearly two …
Read More »Von der Leyen presents his vision for a stronger Europe
Twenty years ago, on 1 January 2002, twelve EU countries exchanged their national currency banknotes and coins for the euro in the biggest currency changeover in history. During these two decades, the euro has contributed to the stability, competitiveness and prosperity of European economies. More importantly, it has improved people’s …
Read More »Asian markets mainly down | Nasdaq
(RTTNews) – Asian stock markets are mostly down on Friday, following broadly negative signals from Wall Street overnight, with weakness across all industry sectors, especially tech stocks. Traders remain concerned and cautious amid the rapid spread of the Omicron coronavirus variant in most countries and the likely economic impact of …
Read More »Bitcoin faces Russian ban as crypto mining fuels energy crisis
RRussia has proposed a blanket ban on bitcoin, fearing that cryptocurrency mining could threaten the country’s energy supply. Russia’s central bank has warned that mining digital assets poses a risk to the dominant energy sector. He also said that cryptocurrencies had all the hallmarks of a pyramid scheme and undermined …
Read More »Lebanese judge freezes assets of central bank governor
BEIRUT (AP) — An investigative judge in Beirut on Tuesday froze some assets belonging to the country’s central bank governor, who is accused of corruption and neglect of duty during Lebanon’s unprecedented economic collapse. Judge Ghada Aoun said she ordered the freeze “as a precautionary measure” as an investigation into …
Read More »OECD inflation hits 25-year high, as Fed’s Powell vows to prevent it from taking hold – as it happened | Business
6:06 p.m. GMT 18:06 Closing summary It’s time to recap. Several US interest rate hikes are looming this year, after Federal Reserve Chief Jerome Powell pledged to take action to prevent high US inflation from taking hold. During a Senate confirmation hearing, Powell told lawmakers that high inflation was a …
Read More »GLOBAL MARKETS – US stocks fall after Fed’s Powell announces 2022 rate hikes on the charts
By Koh Gui Qing, Karin Strohecker (Updates to add comments from Fed Chairman Powell) * US stocks deepen losses after comments on Fed chairperson’s rate hike * Rebound in European and Asian equities * US Treasury yields rise slightly following remarks by Fed Chairman NEW YORK / LONDON, Jan.11 (Reuters) …
Read More »Commission approves 2022-2027 regional aid map for Greece
[ad_1] Twenty years ago, on January 1, 2002, twelve EU countries changed their national currency notes and coins to the euro in the biggest currency change in history. During these two decades, the euro has contributed to the stability, competitiveness and prosperity of European economies. Most importantly, it has improved …
Read More »DXY Pulls Back Towards 96.00 As ISM Survey Highlights Easing Supply Chain Problems
[ad_1] The DXY fell back to near the 96.00 level following the latest US data, erasing early gains. The latest ISM manufacturing report fell to 58.7 in December from 61.1 due to lower prices paid. The DXY fell into negative territory that day in recent trading and is probing the …
Read More »Major banks’ forecasts for 2022: JPY, GBP, CAD, AUD, CHF, SEK, CNH
[ad_1] 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 …
Read More »Investors expect a technical breakout of well-defined levels
[ad_1] EUR / USD entered a phase of consolidation around 1.1300. The ECB’s Knot sees the possibility that the bond buying program will end sooner than expected. Investors are expected to sit on the sidelines while they wait for volumes to return to normal levels. For the second day in …
Read More »No, Senator Warren, greed does not cause inflation – OpEd – Eurasia Review
[ad_1] By Daniel Lacalle * Senator Elizabeth Warren recently said the price hike was due to rising corporate profits. “It’s not about inflation, it’s about price hikes for these guys.” It is simply incorrect. No, companies have not doubled their profits and the price hike is not due to corporate …
Read More »NZD / USD stable in recent trading, but eyes a break below key support at 0.6700
[ad_1] After probing 0.6700 earlier in the session, the NZD / USD has stabilized in the last few hours in the 0.6710-0.6730 area. Sentiment is weighed down by concerns over Omicron, a major setback to US President Joe Biden’s economic program and the warmongering of the Fed. After probing the …
Read More »Five ETFs to consider in 2022
[ad_1] As economies enter the mid-cycle phase next year, investors face familiar question marks over inflation, monetary policy, and COVID-19, but without the tailwind of optimism early recovery. While additional variants could complicate the public health situation, Bob Jenkins, head of Lipper research at Refinitiv, said any volatility would “almost …
Read More »L&G India INR Government Bond UCITS ETF
[ad_1] Last month, UK asset manager Legal & General Investment Management (LGIM) launched a strategy, the L&G India INR Government Bond UCITS ETF (TIGR), which provides exposure to a segment of the market that investors had previously missed. not previously accessed. The Indian local currency government bond market is still …
Read More »Central bank decisions, BOJ, dollar
[ad_1] A currency trader monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE – Asia-Pacific markets were expected to trade cautiously on Friday, following overnight losses on Wall Street as investors assessed monetary policy …
Read More »What ‘Tighter Monetary Policy’ Means and What Investors Should Do About It
[ad_1] IIf you’ve been paying attention the past few days, I’m sure you know the Fed will conclude its regular meeting today, after which it will issue a statement, and President Jay Powell will give a press conference. Almost every economist, analyst and Fed watchers thinks these things will matter …
Read More »Omicron, more blockages and other big economic risks for 2022
[ad_1] The omicron variant of Covid-19 is apparently more contagious than its predecessors. New Delhi: The Covid years are littered with predictions that have not worked. For anyone looking to 2022, that should be enough to give you pause. Most forecasters, including Bloomberg Economics, base their scenario on a robust …
Read More »Rupee weakens against dollar and approaches level 76
[ad_1] NEW DELHI: The rupee fell against the US dollar on Tuesday as the global strength of the greenback and weakness in domestic stocks soured sentiment for the Indian currency, brokers said. Traders also preferred to face existing bets on the rupee ahead of the Federal Reserve’s monetary policy statement …
Read More »The exchange rate remains stable in the official market as the supply of currencies increases by more than 100% – Nairametrics
[ad_1] Thursday, December 9, 2021:The exchange rate between the naira and the US dollar closed at 415.07 N / $ 1 at the official window of investors and exporters (I&E). The naira held steady against the US dollar on Thursday to close at N 415.07 / $ 1. This is …
Read More »Sri Lanka needs ‘real depreciation’, says World Bank economist
[ad_1] ECONOMYNEXT – Sri Lanka will need a longer-term “real depreciation” of its currency to boost its exports, said World Bank chief economist for South Asia, making a repeated assertion national mercantilists. âLet me take a longer-term view of the currency, looking at the circumstances in Sri Lanka,â Hans Timmer, …
Read More »The myth of independent central banks
[ad_1] Trying to invest well in this pandemic world requires careful consideration of the policies of major central banks. The US Federal Reserve led the rescue after the virus crash in March 2020. The Bank of Japan and the European Central Bank have been important sources of support for financial …
Read More »COLUMN: Rebuilding Better Federal Tax Madness | Opinion
[ad_1] I once heard someone say, âInflation is caused by rising prices. In fact, it is putting the cart before the horse. An increase in the consumer price index is a result of inflation, not its sole cause. Inflation is the decline in the purchasing power of the dollar. The …
Read More »Jérôme Powell or Lael Brainard? An explanation of the Federal Reserve system and who could be the next Fed chairman
[ad_1] By Friday, US President Joe Biden is expected to announce his candidate for the post of Chairman of the Federal Reserve. The mandate of the current holder of this function, Jerome Powell, expires February 5. Powell is also the lead candidate, who is expected to be reappointed by the …
Read More »Turkish lira hits new highs ahead of another expected rate cut
[ad_1] AComments of the Minister of Finance of the dds, update of the level of the lire ANKARA, November 16 (Reuters) – Turkish lira weakens 1.3% Tuesday to a new record of 10.22 against the dollar, weighed down by the expectations of another interest reaten cut by a central bank …
Read More »AMP posts biggest market share gain after exiting life insurance
[ad_1] The stock market closed on a historic day that saw AMP sell off its remaining stake in its life insurance business, severing ties with the industry it once dominated after around 170 years. The benchmark S & P / NZX 50 added 1.327 points, or 0.01%, to hit 12,993.83 …
Read More »America rally: dollar companies ahead of Fed policy meeting, Wall Street ends higher, gold prices fall, oil mixed with choppy trading ahead of US stocks, OPEC + meeting of November 3, 2021
[ad_1] Market overview ⢠Building permit Canada Sep (MoM) 4.3%, 3.1% forecast, -2.1% previous ⢠US Red Book (YoY) 16.9%, 15.6% previous ⢠French 12 month BTF auctions -0.651%, previous -0.636% ⢠French auctions BTF 3 months -0.772%, previous -0.736% ⢠French auctions BTF 6 months -0.684%, previous -0.685% ⢠…
Read More »Focus on RBA: AUD / USD holds 0.7500
[ad_1] USD / DXY eases, euro rebounds, Asian / EMFX close is mixed Summary: The Australian dollar held above the 0.7500 (0.7517) mark ahead of the RBA’s monetary policy meeting and rate announcement today (Sydney, 2:30 p.m.). Australia’s central bank is the first of two other major central banks (Federal …
Read More »Failure to clear the resistor of the cluster may lower the cable
[ad_1] GBP / USD WEEKLY FORECAST: DROP GBP / USD has been repeatedly rejected at resistance over the past few days Weakening bullish momentum indicates short-term weakness in the pound Volatility is expected to increase over the coming week amid major monetary policy announcements Most read: Shiba Inu (SHIB), Spot …
Read More »Asian stocks retreat, cooled by decline on Wall Street
[ad_1] Asian stocks fell on Thursday after a retreat to Wall Street, as banks and healthcare companies pulled the S&P 500 and Dow Jones Industrial Average from their latest highs. Shares fell in all major regional markets and oil prices fell as well. In Seoul, the Kospi edged down 0.1% …
Read More »USD / CAD rate outlook depends on BoC interest rate decision
[ad_1] Talking Points in Canadian Dollars USD / CAD appears to be stuck in a narrow range after retracing the decline following the larger-than-expected rise of Canadian Consumer Price Index (CPI), but the Bank of Canada’s (BoC) interest rate decision may influence the exchange rate if the central bank changes …
Read More »Inflation drops to 16.63%, raising eyebrows
[ad_1] Saturday, October 16, 2021 / 6:45 p.m. / By FDC Ltd / Header image credit: FDC Ltd Contrary to market expectations, Nigeria’s headline inflation fell again in September to 16.63% from 17.01% in August. This is the 6th consecutive monthly decline and the lowest inflation rate in the past …
Read More »Olympus DAO pursues new ATH after new bond offerings and new partnerships
[ad_1] The rapidly evolving world of blockchain technology offers a wide range of tokenomic approaches and models aimed at solving the blockchain trilemma of creating a decentralized, stable and secure network. One tokenomic model that has seen several variations over the past year is the ‘rebase’ model, which is designed …
Read More »Economic instability set to prevail despite central bank roadmap
[ad_1] The rapid growth of the money supply propelled by substantial bank loans to the government since last year has been a major cause of economic stability. The Central Bank has no room for maneuver to mop up this excess liquidity, in the absence of fiscal discipline. The Roadmap did …
Read More »The Fed is not rushing to create a digital currency. 4 reasons why, according to an analyst.
[ad_1] This commentary was posted recently by fund managers, research firms, and market newsletter writers and was edited by Barron’s. 2 key digital asset reports Weekly Washington Policy UpdateBTIGOctober 8: Two upcoming reports are expected to provide an overview of the regulatory policy landscape for digital assets: 1) The Federal …
Read More »RBI faces monetary policy dilemmas
[ad_1] As widely expected, the Reserve Bank of India (RBI) once again left its negative real policy rate unchanged in the October 8 monetary policy announcement. The macroeconomic situation on the ground had not changed significantly during its latest policy announcements. If anything, his dilemmas have escalated. First, despite the …
Read More »La Jornada – Markets fear rising US inflation
[ad_1] Financial markets ended a week of strong moves, sparked by economic and political events, including bets on U.S. Federal Reserve (Fed) monetary policy tightening, a rebound in inflation and strong debate in the US Congress, while lawmakers have left until the last minute to extend funding that avoids government …
Read More »South African rand falls as dollar gains on Fed expectations
[ad_1] NOTew everywhere JOHANNESBURG, September 29 (Reuters) – The South African rand fell on Wednesday as the dollar rose amid heightened expectations that the US Federal Reserve would tighten monetary policy. At 1605 GMT, the rand ZAR = D3 traded at 15.1550 against the dollar, about 0.4% weaker than its …
Read More »GBP / EUR collapses amid UK fuel crisis
[ad_1] GBP / EUR exchange rate plunges as UK fuel shortages continue The euro pound exchange rate collapsed today, abandoning gains generated yesterday by the Bank of England (BoE) and the German elections. GBP / EUR fell more than 1% to ⬠1.1588 amid UK economic concerns. Gasoline shortages across …
Read More »Stock futures drop as bond yields hit three-month high
[ad_1] Yields on US government bonds hit their highest level in three months, and stock futures sagged as investors shied away from interest-sensitive tech stocks. S&P 500-linked futures fell 0.8%, a day after weakness in tech stocks pushed the broad index down and ended a three-day winning streak. Tech-rich Nasdaq-100 …
Read More »Digital assets on the rise in Asia, according to Cerulli
[ad_1] KUALA LUMPUR (September 28): Digital assets, including cryptocurrencies, are entering the financial mainstream, according to Cerulli Associates, a Boston-based global research and advisory firm. In a statement released today, the company said major financial institutions are closely valuing digital assets while bringing digital asset innovation to illiquid asset classes …
Read More »As stocks have shaken in recent weeks, the dollar has once again become a safe haven
[ad_1] Whether investors run for the hills or not after last week’s earthquake, the episode provides a glimpse of where to run for shelter – and the US dollar has risen again. Cash has regularly provided a safe haven during times of global financial stress in the past, most recently …
Read More »Dollar climbs as Evergrande uncertainty creeps in
[ad_1] NEW YORK, Sept. 24 (Reuters) – The dollar appreciated on Friday and set to post its third straight week of gains against a basket of major currencies, as uncertainty surrounding embattled Chinese real estate developer Evergrande helped the greenback to rebound after a sharp drop from the previous session. …
Read More »Nasdaq-100 Drives US Equity Futures Lower as Bond Yields Rise and Evergrande Concerns Simmer
[ad_1] U.S. equity futures were showing losses on Friday, on the heels of two strong sessions, as bond yields continued to rise and investors watched struggling real estate giant China Evergrande ahead of the weekend. How are stock index futures traded? Dow Jones Industrial Average YM00 futures contracts, -0.35% fell …
Read More »China develops new rules on foreign yuan lending to increase usage
[ad_1] China plans to ease restrictions on the ability of domestic banks to provide yuan-denominated loans abroad, a further step in its strategy to increase the global use of Chinese currency. The proposals were made by the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange in …
Read More »Insight – Dollar smiling from ear to ear
[ad_1] Whether investors run for the hills or not after last week’s market turmoil, the episode provides some insight into where to run for cover – and the US dollar has gained the upper hand. Dollar cash has regularly provided a safe haven during times of global financial stress in …
Read More »No momentum from the Federal Reserve
[ad_1] Despite clear indications from the Federal Reserve to tighten monetary policy, the USD / JPY remained stable in a range between the support of 109.11 and the resistance of 109.92, where it settled at the time of ‘write these lines. Risk aversion in the markets has increased the opportunity …
Read More »Dollar smiling from ear to ear
[ad_1] Whether investors run for the hills or not after last week’s earthquake, the episode provides a glimpse of where to run for shelter – and the US dollar has prevailed. Dollar cash has regularly provided a safe haven during times of global financial stress in the past – most …
Read More »Gold price rebound collapses as Fed reveals tentative timeline to cut QE
[ad_1] Gold Price Talking Points The price of gold retreats to a new weekly high ($ 1,787) even as the Federal Reserve maintains the current course of monetary policy as the central bank presents an interim exit strategy. Gold price rebound collapses as Fed reveals tentative timeline to cut QE …
Read More »Column: Dollar smiling from ear to ear
[ad_1] By Mike Dolan LONDON (Reuters) – Whether investors run for the hills or not after last week’s earthquake, the episode provides a glimpse of where to run for cover – and the US dollar is sinking is imposed. Dollar cash has regularly provided a safe haven during times of …
Read More »Ear to Ear Smiling Dollar – Mike Dolan
[ad_1] Breadcrumb Links Author of the article: Content of the article LONDON – Whether investors run for the hills or not after last week’s earthquake, the episode provides a glimpse of where to run for shelter – and the US dollar has dominated. Dollar cash has regularly provided a safe …
Read More »The Fed’s taper timeline is approaching; US yields, dollar extends gains
[ad_1] Risk-Off in Asia on Evergrande China, low resources Summary: The Dollar Index (USD / DXY), a popular indicator of the value of the greenback against a basket of 6 major currencies, extended its gains, climbing 0.39% to close at 93.20 (92.85) . Yields on US Treasury bonds rose on …
Read More »bne IntelliNews – MITTELEUROPEAN INSIGHTS: Hungarian debt surprise show shows EU financial whip is not working
[ad_1] Hungary was the surprise issuer in international markets this week. Contrary to previous plans not to issue hard currency public debt in 2021, Hungary suddenly rushed into international markets to place a multi-part agreement in dollars and euros. A cumulative amount of 4.25 billion dollars (3.6 billion euros) was …
Read More »Q&A: Investing in emerging market debt | Financial advisers
[ad_1] Emerging market debt, or EM, suffered a double blow in 2020 with the COVID-19 pandemic and the sharp drop in oil prices. RELATED CONTENT The double blow caused US dollar-denominated emerging market debt to fall behind the US bond market to return to pre-pandemic levels. But the widening of …
Read More »RBI launches household surveys to obtain data on monetary policy
[ad_1] The survey aims to capture subjective assessments of price movements and inflation, from around 6,000 households, based on their individual consumption baskets, in 18 cities. The Reserve Bank of India (RBI) on Saturday announced the launch of the next round of household surveys to capture inflation expectations and consumer …
Read More »Dow, S&P 500 pound drops most in a month after Fed minutes show plans to cut later this year
[ad_1] Losses accelerated and U.S. stock indexes fell on Wednesday, the second day after the minutes of the Federal Reserve’s July meeting announced plans to cut financial support from the central bank later this year. low. The Federal Reserve Board of Governors minutes will take place the day after the …
Read More »What will central bankers say at this year’s Jackson Hole summit?
[ad_1] Updates on the economic impact of the coronavirus Sign up for myFT Daily Digest to be the first to know about news about the economic impact of the coronavirus. What will central bankers say at this year’s Jackson Hole summit? Central bankers from around the world will meet this …
Read More »US bond yields stable, dollar retains gains on strong services PMI
[ad_1] Summary: Exchange rate volatility picked up in North American trade after Fed Vice President Richard Clarida suggested that the we central bank could reduce support for the purchase of bonds. Earlier in the session, a US private employment report (ADP) weaker than expected drive it Dollar inferior. US ADP …
Read More »Inflation: what causes structurally high inflation in India? ANZ Bank’s Sanjay Mathur explains
[ad_1] Around the world, every central bank’s biggest nightmare is entrenched inflation. India, which is suffering the double shock of anemic growth and high inflation amid the Covid crisis, could witness exactly the situation that is giving central banks sleepless nights, according to Sanjay Mathur, Chief Economist, South East Asia …
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