central bank

The Fed: Gradual Policy Tightening In Full Swing The Fed has reaffirmed its commitment to sticking to its plan of “gradual” policy normalisation with two more hikes forecast this year. The economic outlook is good, with the economy on track to grow by around 4% in Q2 2018, boosted by tax cuts with inflation continuing to creep higher. Employmen...

2018-07-05 James Harte Read more
bank of japan

The Bank of Japan has the option to adjust its already large monetary policy further, a high ranking official from the Bank of Japan said last week. The BoJ's deputy governor, Amamiya told a local newspaper that the central bank could adjust its monetary policy which has already expanded strongly with little to show for. His comments came as ...

2018-07-05 John Benjamin Read more

March Meeting Minutes Review The BOJ meeting minutes pour cold water on BOJ normalisation expectations following their release. Though the bank kept policy unchanged at current levels, as was widely expected, the market was taken slightly by surprise to learn that several on the BOJ board cautioned against a premature exit from the bank’s curre...

2018-05-08 James Harte Read more
BoJ Hawkish outlook

The Bank of Japan will be holding its monetary policy meeting later this week on Friday. The BoJ's meeting comes on the heels of the ECB meeting on Thursday. While no changes to interest rates are expected from the BoJ, the central bank's statement is likely to garner a lot of attention. The markets continue to flip-flop on the Japanese yen o...

2018-03-23 John Benjamin Read more

The Bank of Japan will be one of the last central bank meetings lined up for this year this week. The central bank is expected to make no changes with its QQE program and interest rates which currently stand at -0.10%. This comes amid nascent signs of improvement in the economy. The BoJ meeting will conclude with the release of the monetary p...

2018-01-17 John Benjamin Read more
Japan_bank_Yen

Earlier this morning and during the Asian session today, the Bank of Japan left its current policy unchanged as widely expected. Below some key points of the Bank of Japan statement Maintains short-term interest rate target at -0.1 pct Maintains 10-year JGB yield target around zero pct Leaves unchanged pledge to buy JGBs so that it...

2017-07-21 Nour Eldeen Al-Hammoury Read more
Bank of Japan_Yen_2205

Since the beginning of the year, the Japanese Yen has been strengthening notably after the period of weakness at the end of last year. Last year USDJPY strength came on the back of the US Dollar rally as the Fed’s kicked off its policy tightening. However, this has been a negative factor for Japan. The Bank of Japan has been trying to keep the ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
BoJ_Tankan_0305

For any trader who has been trading the Japanese yen would have come across the Tankan surveys at some point in time. Although not as common as compared to other economic indicators, Japan's Tankan surveys are however taken seriously by market participants. So what is Japan's Tankan survey and what information does it hold for the Japanese econ...

2017-05-03 John Benjamin Read more
FTSE, Indices

Global equities saw a notable rebound since the beginning of last week, following the first round of the French Election results. Global equities added an average of 2%-4% each in few days, followed by a stabilization ahead of key economic releases and events later this week. The main concern remains from France, despite the fact that the publ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
wall street_stock

FTSE 100 Near Record High FTSE 100 managed to stabilise well above its former resistance area which stands at 7100 at the end of January, leading to another push higher all the way to 7300 during yesterday’s trading. Looking at the chart, the index is also trading well above its 50 DMA, which keeps the bullish outlook unchanged, at least in ...

2017-07-26 Nour Eldeen Al-Hammoury Read more