monetary policy

Summary: ECB removes easing bias from its forward guidance 2018 real GDP forecast to rise 2.4% and 1.9% in 2019 Draghi downplays the hawkish statement during the press conference Euro currency posts losses following Draghi’s…
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The European Central bank will be meeting for its monetary policy meeting later today. According to the economists polled, the central bank is expected to put its monetary policy unchanged with interest rates and the repo rates staying the…
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The U.S. dollar was seen making a comeback in the month of February as the once deemed to be weak currency was seen making signs of a temporary bottom. The sentiment in the U.S. dollar was lifted by a mix of broad fiscal and monetary policy…
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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…
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What happened in the two hours following the release of the January Federal Reserve meeting minutes?  A 1.8% fall in equity indices, accompanied by a rapid jump in bond yields and a broad recovery in the US dollar. The Dow Jones Industrials…
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The week ahead will see a continuation in the central bank meetings. The lineup includes the Reserve Bank of Australia, the RBNZ and the Bank of England. No changes are expected from either of the central banks at this week's meeting but…
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Economic data from the UK was mixed last week as both the wage data and the GDP data were released over the week. However, the British pound emerged stronger mostly on the back of weakness in the U.S. dollar. UK GDP expands at…
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Summary: No changes expected to Fed funds rate which remain at 1.50% January Fed meeting will be the final FOMC meeting chaired by Ms. Yellen S. Senate appoints Trump nominee Jerome Powell as the next governor of the Federal…
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The Bank of Canada rate hike kicked off the New Year with an interest rate lift of 25 basis points. The rate hike by the Bank of Canada was widely expected by economists and the markets priced in the event too. The hawkish estimates came…
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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…
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