Search Results for: interest rates
Reserve Bank of New Zealand: OCR unchanged at 3.5 percent
March 12th, 2015
Statement issued by Reserve Bank Governor Graeme Wheeler: The Reserve Bank (RBNZ) today left the Official Cash Rate unchanged at 3.5 percent. Global financial conditions remain very accommodative, and are reflected in high equity prices and record low interest ...
Asia stocks regain footing after US rate hike jitters fade
March 12th, 2015
Asian stock markets mostly rose Thursday, finding a firmer footing after several days of volatile trading linked to anxiety over a probable rate hike in the U.S. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 1.2 percent to 18,945.97. ...
Monetary Policy Decision
March 12th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to lower the Base Rate by 25 basis points, from 2.00% to 1.75%. Based on currently available information the Committee considers that, although the trend of a solid ...
CME Group and TAIFEX Sign Letter of Intent for Greater Collaboration
March 11th, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, and the Taiwan Futures Exchange (TAIFEX) today signed a Letter of Intent (LOI) regarding the potential listing on TAIFEX of U.S. equity index-based contracts, and the exploration of cross-border ...
The ECB and its Watchers XVI Conference: M.Draghi
March 11th, 2015
Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. Asset purchases are unconventional, but not unorthodox, and they have ...
China Economic Data Weaker Than Expected
March 11th, 2015
Growth in China’s investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
Strongest Dollar in 12 Years Sinks Stocks While Oil Slips
March 11th, 2015
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
Hungry Market Eats Up Oil Bonds
March 10th, 2015
Drop in oil prices has producers raising cash Investors are snapping up new stock and bonds from energy producers as they search for bargains amid the tumult caused by the plunge in oil prices. The buyers are betting these ...
Dollar at 12-year peak on euro, emerging markets spooked
March 10th, 2015
The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion. The skittish mood spread to Asian ...
