Archive for Economics & Fundamentals – Page 2

Will market volatility pick up in the week ahead?

Article by ForexTime Last week represented an unusually quiet one for the financial markets in terms of volatility and with the economic calendar relatively light over the next couple of days, the week ahead might be similar. It is a bit early to attribute the lower levels of market movements to a possible summer lull […]

EUR/USD: Fed will raise rates in June, but further hikes are under question

By GrowthAces.com Macroeconomic overview: U.S. retail sales increased broadly in April while consumer prices rebounded, pointing to a pickup in economic growth and a gradual rise in inflation that could keep the Federal Reserve on track to raise interest rates next month. The reports on Friday added to labor market data in suggesting the near […]

This week in monetary policy: Iceland, Poland, Zambia, Indonesia, Mexico and Chile

By CentralBankNews.info     This week (May 14 through May 20) central banks from 6 countries or jurisdictions are scheduled to decide on monetary policy: Iceland, Poland, Zambia, Indonesia, Mexico and Chile.     Following table includes the name of the country, the date of the next policy decision, the current policy rate, the result of […]

Pound remains under pressure following BoE growth downgrade

Article by ForexTime If investors were looking for a reason to sell the Pound at its recent elevated levels, they found encouragement yesterday when the Bank of England (BoE) downgraded its growth forecast for the UK economy in 2017. Although a growth downgrade from 2% to 1.9% is hardly significantly material in the grand scheme […]

Serbia maintains rate, inflation forecast in target range

By CentralBankNews.info     Serbia’s central bank kept its key policy rate at 4.0 percent, as expected, saying its May inflation report, which will be published on May 19, shows that inflation is projected to remain within the central bank’s tolerance band in the next two years.     The National Bank of Serbia (NBS), which […]

GBP/USD: Short for 1.2750

By GrowthAces.com Macroeconomic overview: Today the Bank of England will simultaneously publish its May Inflation Report, the MPC policy decision and the MPC minutes (11:00 GMT). This will be followed by a press conference (11:30 GMT). We expect a comfortable majority of MPC members to vote in favor of maintaining the stance of monetary policy, […]

Fast Charts and World Markets: $18 TRILLION, A Bold Forecast, Inflation(?)

Fast Charts and World Markets: $18 TRILLION, A Bold Forecast, Inflation(?) By Elliott Wave International See our global market charts that cover $18 TRILLION, inflation(?), and a truly bold forecast.   What You Need to Know NOW About Protecting Yourself from Deflation Get this free, special report about the unexpected but imminent and grave risk […]

EUR/USD: Draghi maintains dovish tone ahead of ECB June meeting

By GrowthAces.com Macroeconomic overview: Dallas Federal Reserve Bank President Robert Kaplan said he continues to believe U.S. rate hikes should be “gradual and patient,” in part because wages and prices are rising more slowly than might have been expected with an economy so close to full employment. His “baseline” view continues to be for three […]

This week in monetary policy: Sri Lanka, Argentina, Honduras, New Zealand, Philippines, UK, Peru, Malaysia and Serbia

By CentralBankNews.info     This week (May 7 May 12) central banks from 9 countries or jurisdictions are scheduled to decide on monetary policy: Sri Lanka, Argentina, Honduras, New Zealand, Philippines, United Kingdom, Peru, Malaysia and Serbia.     Following table includes the name of the country, the date of the next policy decision, the current […]

Why the Trump Tax Plan May Implode in America Rather than Explode in China

By Dan Steinbock Recently, President Trump released a US ta cut plan to reshore US corporate revenues. Some expect it to cause great challenges to manufacturing and capital outflows from China. The realities are more complex. At the eve of the White House’s 100-day mark in office, the Trump administration  released an outline of tax […]

Czech holds rate, lowers inflation outlook slightly

By CentralBankNews.info       The Czech central bank left its benchmark two-week repo rate at 0.05 percent in the board’s first decision following last month’s exit from using the exchange rate as a tool to ease monetary conditions, and lowered slightly its forecast for inflation and domestic market interest rates.      The Czech […]

Norway maintains rate, confirms rate to stay steady

By CentralBankNews.info     Norway’s central bank kept its key policy rate at 0.50 percent, saying “the outlook and the balance of risks for the Norwegian economy do not appear substantially since the March Report.”     In March Norges Bank said the rate would most likely remain at the current level in the period ahead […]

Dollar bulls return on confident Fed

Article by ForexTime The U.S. dollar and Treasury yields across the curve bounced higher after the Fed signaled that a June rate hike is still on the way. Monetary policy-makers acknowledged that there is some softness in the economy, but seemed confident that recent economic slowdown is likely to be temporary. Otherwise, there were no […]

US Fed holds rates, says growth slowdown ‘transitory’

By CentralBankNews.info     The Federal Reserve left its benchmark federal funds rate at 0.75 – 1.0 percent, as widely expected, and signaled it still expects to raise the rate another two times this year as it said slower economic growth in the first quarter was “likely to be transitory” and economic activity will continue […]

Albania maintains rate, sees no tightening before Q1 2018

By CentralBankNews.info     Albania’s central bank maintained its policy rate at 1.25 percent and said its “monetary policy will remain accommodative during the medium-term horizon and the intensity of the monetary stimulus will not be reduced before the first quarter of 2018.”     The Bank of Albania, which cut its rate by 50 basis […]

Fed day is finally here, any new signals?

Article by ForexTime Investors and traders across different asset classes are eager to know what the Fed is currently thinking, as U.S. equities sit at record highs, the U.S. dollar is close to November 2016 lows, and treasury yields are in a downtrend move. The question today is not whether the Fed will hike rates […]