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
USD Index_3005

The US Dollar Index got a notable push since the middle of last week on the back of some positive economic releases. However, the biggest push came in from the US 2nd GDP estimate, which showed a revision to the upside towards 1.2% instead of the initial reading of 0.7%. Such reading brings back the possibility of another 25bps rate hike by th...

2017-07-26 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

Earlier today, a collection of economic figures was released from China, which came in line with expectations, leading to a slight impact on the markets. This effect was seen in equities, commodities, and the Fx market. What are those figures and what implications do they have on the PBoC and the global economy? Definitions GDP: Change i...

2016-10-19 Nour Eldeen Al-Hammoury Read more
Yen

Image by The White House / Flickr The volatility in the yen crosses ticked higher this morning with fresh reports from various news agencies in Japan carrying articles on various forms of stimulus spending from the government. While there has been no "official confirmation" yet (at the time of writing), the JPY crosses have been experiencing ...

2016-07-27 John Benjamin Read more
Yen

This week was all about the speculative rally in the Japanese yen. Following the weekend elections in Japan which saw Shinzo Abe's party win a majority in the upper house elections, the dollar gained against the yen as investors hoped for more stimulus expansion from Japan. Following his victory, Abe pledged more fiscal stimulus spending, and as...

2016-07-15 John Benjamin Read more
Canada_BoC

Image via Bank of Canada / Flickr The first budget from the newly elected Liberal government was released yesterday which included a much talked about the fiscal stimulus package to revive growth focusing on infrastructure spending and tax reliefs but cautioning that it would run a budget deficit almost triple than what was promised in the elec...

2016-03-23 John Benjamin Read more