Search Results for: interest rates
The Inevitable Failure of Mechanistic Monetary Policy
April 3rd, 2015
Our current faith in central banks’ ability to “make the economy all better, all the time” is horrendously misplaced. We are living in the Cargo Cult Era of Central Bankers. The era began in earnest on December 5, 1996, ...
ECB says QE programme already boosting recovery
April 3rd, 2015
The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery, even as a top official expressed doubts about its effectiveness. In the minutes of the governing ...
CME Group Volume Averaged 15.0 Million Contracts per Day in First-Quarter 2015
April 2nd, 2015
CME Group Volume Averaged 15.0 Million Contracts per Day in First-Quarter 2015, up 10 percent versus First-Quarter 2014, Representing Second-Highest Quarterly Volume Ever March volume averaged 13.7 million contracts per day, down 3 percent Monthly FX volume increased 27 ...
Banks Are Poised to Profit From Forex Tumult
April 2nd, 2015
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action. As U.S. banks closed ...
Greece says not backing down on debt relief goal
March 30th, 2015
Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said on Monday as talks between Athens and its lenders on reforms to unlock aid continue. “The government has ...
China’s Central Bank Warns Of Deflation
March 30th, 2015
The People’s Bank of China echoed what many in the market have been saying for months now: the risk of deflation in the No. 2 economy is now very real. Speaking at the Boao Forum in Hainan, China this weekend, central ...
Dollar Watchers Look to IMF
March 30th, 2015
Data on central banks’ holdings of greenbacks are expected to fuel the rally A roaring dollar rally could get a boost this coming week with the release of data that many investors expect to provide fresh evidence that central ...
We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds
March 27th, 2015
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...
We’re All Hedge Funds Now
March 26th, 2015
As negative interest rates spread from Switzerland, Japan and Germany to the rest of the developed world, people with money to invest face some life-defining choices. Retirees who need to generate 6% to avoid dipping into principal can’t get ...
Ireland’s financial services sector looks to AOMi for improved operations performance
March 26th, 2015
Leading banks and financial organisations are choosing international specialist’s method-driven approach and cloud-based software in support of improved productivity Active Operations Management International (AOMi) has announced major contract wins in Ireland, including a new deployment with Dublin-based Bank of ...
