Archive for Economics & Fundamentals

Politics & Central Bankers under investors’ radar

Article by ForexTime Less than a month ago the CBOE volatility index, known as the best indicator of fear in the markets, dropped to a record low of below 9. The declines were a result of steady equity markets, low trading volumes, and optimism that the markets were heading higher.  This has all changed in […]

Your Weekly Fundamental View (21-25 August)

By Admiral Markets Need to Know The upcoming trading week is expecting several interesting economic data releases, such as the ZEW Indicator, UK GDP figures, the inflation rate from Japan, and new home sales from the U.S. The most important event is perhaps the economic symposium held in Jackson Hole, Wyoming, USA, on Saturday (see […]

This week in monetary policy: Kazakhstan, Indonesia, Hungary, Botswana, Argentina, Iceland, Paraguay and Malawi

By CentralBankNews.info     This week (August 20 through August 26) central banks from 8 countries or jurisdictions are scheduled to decide on monetary policy: Kazakhstan, Indonesia, Hungary, Botswana, Argentina, Iceland, Paraguay and Malawi.     Following table includes the name of the country, the date of the next policy decision, the current policy rate, the result […]

Will central banks ratchet up verbal intervention?

Article by ForexTime Central banks around the globe have been increasingly vocal this year, with their trend of repeated verbal interventions sending foreign exchange markets on a wild roller-coaster ride. The era of cheap money is coming to a timely end, with central banks now on a quest to raise rates at a pace that […]

Chile maintains rate, notes rise in copper prices

By CentralBankNews.info      Chile’s central bank kept its monetary policy interest rate at 2.50 percent, as widely expected, and reiterated its neutral guidance while pointing to a “favorable scenario” on the international front, including an increase in prices of copper, the country’s main export.     The Central Bank of Chile, which has cut its […]

Egypt holds rate, materialization of risks guide changes

By CentralBankNews.info      Egypt’s central bank kept its policy rates unchanged, as expected, and said the economy had developed largely as expected so its rates were consistent with achieving its inflation target of 13 percent, plus/minus 3 percentage points, by the fourth quarter of 2018 and in single digits thereafter.     But the Central […]

Greenback took a double hit

Article by ForexTime The U.S. dollar remained on the defensive early Thursday, after yesterday’s declines, led by increased uncertainty over another U.S. rate hike in 2017 and President Donald Trump’s fiscal agenda after abolishing the Manufacturing Council and Strategy & Policy Forum. The fall out between Trump and Corporate America was the latest blow to […]

Trump’s Path to Trade Wars

By Dan Steinbock As the White House is about to escalate trade frictions along with nuclear risks, global economic prospects will turn more clouded and markets more volatile. Last Friday, President Trump spoke to Chinese President Xi Jinping and told him that he is preparing to order an investigation into Chinese trade practices. On Monday, […]

The Labor Law Reform In Brazil

  Brazilian labour unions are putting pressure on politicians to ensure fair laws are passed.  

NAFTA’s Renegotiations

It’s an election year for Mexico, and the stakes are high due to the renegotiation of NAFTA.

Namibia cuts rate 25 bps amid weak economy, easing CPI

By CentralBankNews.info     Namibia’s central bank cut its benchmark repo rate by 25 basis points to 6.75 percent “to support domestic economic activity” amid declining inflation and an increase in international reserves that are  sufficient to sustain the currency peg between the Nambian dollar and the South African rand.     It is Bank of […]

Thailand holds rate, monitoring rise in baht’s FX rate

By CentralBankNews.info      Thailand’s central bank left its policy rate at 1.50 percent, as expected, and maintained an accommodative monetary policy stance as improving domestic demand is not yet sufficiently broad-based and inflation had risen at a slightly slower pace than expected.      But the Bank of Thailand (BOT), which has maintained its […]

One set of data not enough to boost bullish dollar bets

Article by ForexTime Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed President Bill Dudley, who opposed his colleagues’ beliefs – by saying that he would favor a third rate increase this year.  The crisis […]

Armenia maintains rate for 3rd time, inflation seen rising

By CentralBankNews.info      Armenia’s central bank left its benchmark refinancing rate at 6.0 percent for the third time in a row, confirming that it still expects inflation to gradually rise due to improving economic activity and a recovery of domestic demand amid a restrained fiscal policy.      The Central Bank of Armenia (CBA) […]

Armenia maintains rate for 3rd time, inflation seen rising

By CentralBankNews.info      Armenia’s central bank left its benchmark refinancing rate at 6.0 percent for the third time in a row, confirming that it still expects inflation to gradually rise due to improving economic activity and a recovery of domestic demand amid a restrained fiscal policy.      The Central Bank of Armenia (CBA) […]

From the Trans-Atlantic Axis and the Trans-Asian Axis

By Dan Steinbock The ASEAN faces old and new challenges, and a huge long-term opportunity. The next three decades could witness the shift of global economic momentum from the Trans-Atlantic axis to the Trans-Asian axis. Recently, the Association of Southeast Asian Nations (ASEAN) marked its 50th anniversary in Manila with President Duterte hosting the celebrations. Despite […]