Roberto Jacobs / Blog
The Third Wave of Deflation is Over – Fidelity Dominic Rossi, Global Chief Investment Officer at Fidelity International, suggests that the developed economies have stood up well to the latest wave of deflation emanating from emerging economies that has seen a combined volume and price shock depre...
BOJ’s Kuroda Says Not Conducting Monetary Policy to Underwrite Govt Debt Comments from BOJ Governor Kuroda crossing the wires yet again, as his speech to the upper house financial affairs committee continues...
Fed Evans Backed Yellen’s Case for a Gradual Rate Rise - ANZ Research Team at ANZ, suggests that the post-Yellen USD sell off continued overnight following comments from Chicago Fed President Evans which backed Yellen’s case for a gradual approach to rises in the funds rate this year...
New Zealand Business Confidence Dips In March Business confidence in New Zealand weakened again in March, the latest survey from ANZ Bank showed Thursday. The business confidence index fell to 3.2 in March from 7.1 in the previous month. At the same time, the activity outlook improved in March...
Yen Rises Against Most Majors The Japanese yen strengthened against most major currencies in the Asian session on Thursday. The yen rose to a 3-day high of 160.95 against the pound, from yesterday's closing value of 161.59. Against the euro and the Swiss franc, the yen advanced to 127.05 and 116...
Pound Falls Against Majors The British pound weakened against the other major currencies in the Asian session on Thursday. The pound fell to 3-day lows of 0.7895 against the euro, 1.3841 against the Swiss franc and 160.95 against the yen, from yesterday's closing quotes of 0.7883, 1.3871 and 161...
FXWIREPRO: Gold Remains Supported Above $1222, Intraday Bias Remains Bullish XAU/USD is currently trading around $1226 mark. It made intraday high at $1228 and low at $1223 levels. Yesterday U.S. released ADP job data with flat numbers at 200K vs 195K expected...
Asian Markets Trading on a Mix Note, Gold Finds Support Above $1222 Asian markets are trading on a mix note on Thursday after U.S. released ADP job data with flat numbers at 200K vs 195K expected. On the other side, Gold fails to sustain above $1242 and trading around $1226 marks...
Normalization of Interest Rates will not End Fed’s Headaches – Nomura Richard Koo, Chief Economist at Nomura, suggests that as the Fed normalizes interest rates, it will also have to pay even higher interest on the $2.3trn in excess reserves...
Eurozone: Mar CPI is Expected at -0.1% y/y - Westpac Sean Callow, Research Analyst at Westpac, suggests that the Eurozone Mar CPI is expected at -0.1% y/y though core is seen to tick up to 0.9%. Key Quotes “NY Fed president Dudley speaks on financial crises with text and audience Q&A expected...