Search Results for: interest rates
State Council to deepen economic reform in 2015
May 19th, 2015
The State Council issued an opinion to deepen economic reform in 2015, which was initiated by the National Development and Reform Commission on May 18. Aimed at deepening reform and stimulating the economy, the opinion sets out 39 targets ...
Asian shares shrug off losses, Greek woes pressure euro
May 19th, 2015
Asian shares shrugged off early losses on Tuesday, as rallying Chinese shares and Wall Street’s record close offset euro worries over Greece‘s fiscal woes. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent. The CSI300 ...
No Money, No Growth
May 18th, 2015
Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money supply stopped growing. Here’s the adjusted monetary base — a ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
Draghi Says ECB Policy Potent as Low-Rate Risks Monitored
May 15th, 2015
Mario Draghi said the European Central Bank’s non-standard measures have proven effective, and low interest rates haven’t yet led to financial imbalances. Unconventional actions “have proven so far to be potent, more so than many observers anticipated,” the ECB ...
ICAP launches the CNH Hub to provide a consolidated view of the market in offshore Chinese renminbi
May 14th, 2015
The Hub pools CNH data from across the ICAP Group ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has launched the ICAP CNH Hub, a currency-specific ...
Moscow Exchange announces 1Q 2015 results
May 14th, 2015
Moscow Exchange (MOEX) today announces its financial results for the first quarter (1Q) 2015 according to International Financial Reporting Standards (IFRS). Strong earnings growth was driven by fees and commissions generated by Money Market and Depository and Settlement Services, as well as higher net ...
Top stories of the day
May 13th, 2015
1. The European Central Bank raised the emergency liquidity assistance (ELA) ceiling for Greek banks by 1.1 billion euros on Tuesday, in the wake of Monday’s Eurogroup meeting that recorded some progress in the talks between the government and its ...
Bank of England says UK economy to grow by 2.5% in 2015
May 13th, 2015
The Bank of England has cut its 2015 growth forecast from 2.9% to 2.5%, and for next year from 2.9% to 2.6%, as governor Mark Carney unveiled his quarterly inflation report. And he told MPs interest rates would rise ...
Chinese Industrial Data Suggests Sluggish Stimulus Response
May 13th, 2015
China’s industrial output growth ticked higher in April while investment slowed to the weakest pace in more than 14 years, suggesting monetary easing is trickling through the economy while more may be needed to spur a pick-up. Industrial output ...
