Tag Archives: monetary policy

Exporters expecting declines in the value of the New Zealand dollar may be disappointed

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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% …

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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. …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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) …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. “Let me take a longer-term view of the currency, looking at the circumstances in Sri Lanka,” Hans Timmer, …

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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 …

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COLUMN: Rebuilding Better Federal Tax Madness | Opinion

[ad_1] I once heard someone say, “Inflation 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 …

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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 …

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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 …

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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% • …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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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 …

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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 …

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