Fed meeting minutes and US inflation

The markets head into a busy week that sees some of the major central bank monetary policy meetings lined up. This week, the RBA, the Bank of Japan, the ECB and the BoC will be holding their monetary policy meetings. Despite the line up of the central bank meetings, no major changes are expected from either of the central bank monetary policy de...

2018-03-23 John Benjamin Read more
gold prices

Gold prices enjoyed a stellar rally in the immediate aftermath of the 2008 global financial crisis. As the markets across the world plunged, investors sought the safety in gold, often dubbed as a safe haven asset. Gold prices rose to highs of $1920 by late 2011 and have, since then, been easing back. The gains came as central banks made an ef...

2018-01-25 John Benjamin Read more
Inflation target

When it comes to determining monetary policy, among a number of economic indicators that policymakers look at, one particular indicator stands out. Inflation or consumer price index has been one of the key factors when it comes to central bank policy responses. If one looks back to the time since the 2008 global financial crisis, central banks ...

2018-02-26 John Benjamin Read more
Bank of England Building

Central banks have become an essential element to the currency markets. From setting interest rates to intervening in the markets, to printing money, central banks have remained the core and one of the primary reasons for driving prices in the FX markets. The history of central banks is one that is interesting and evokes both awe and suspicio...

2017-10-22 John Benjamin Read more
Australia_RBA_2604

Central Bankers around the world managed to spike market volatility last week as they sent a clear message to the market about their future policies. It looks like the Central Bankers are on the same page once again. Most of them stated that the easy monetary policy era is coming to an end. This has led to a notable decline in global indices un...

2017-07-03 Nour Eldeen Al-Hammoury Read more
Gold_precious metals_0211

Despite the fact that Gold has been rising since the beginning of the year, and despite adding more gains for three days in a row last week, Gold failed to break above its $1240 resistance area for the second time this year on Friday. However, there are many signs of good potential over the coming days, weeks and months, and the positive outloo...

2017-02-20 Nour Eldeen Al-Hammoury Read more
gold bar

Gold prices gained over 1.50% yesterday after the much hyped central bank meeting failed to excite traders. Although gold prices started the week on a soft note, yesterday's price action managed to recover most of the declines from the previous week. Spot gold closed yesterday at an 8-day high at $1336.05 an ounce. BoJ's new policy framework ...

2016-09-22 John Benjamin Read more
Japan

Market Summary Japan Q2 GDP revised from 0.0% to 0.20% China imports and exports fare better than expected Australia trade deficit at 2.41 billion Japan’s economy watchers sentiment improves to 45.6 ECB leaves minimum bid rate at 0.00%, unchanged Today’s Economic events UK RICS house price balance 12% vs. 5% Japan...

2016-09-09 John Benjamin Read more
Fed_Jackson Hole

Vice Chair Stanley Fischer / U.S. Government Work The Jackson Hole Symposium is an annual event for central bankers and finance heads from around the world. Many major policy decisions were informally announced here, making it one of the most important events to look forward to. Here's a brief lowdown on the history of the Jackson Hole Symposiu...

2016-08-25 John Benjamin Read more
EU

Image via © European Union 2016 - European Parliament. Press statement on the UK EU referendum with Manfred Weber Following the surprise decision to leave the EU membership, the latest developments are likely to hit the financial markets hard. At the core of the debate will be the forward guidance from the Federal Reserve which until now looked...

2016-06-24 John Benjamin Read more