Search Results for: Federal Reserve
Dollar heads for biggest weekly gain in nearly a month
April 10th, 2015
The dollar rose Friday against most major rivals, remaining on track to log its best week in about a month. The ICE U.S. Dollar Index DXY, +50% a key measure of the dollar’s strength against a basket of six currencies, ...
Bank of Korea Monetary Policy Decision
April 9th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to leave the Base Rate unchanged at 1.75% for the intermeeting period ” Based on currently available information the Committee considers that, although the trend of economic recovery ...
Is The Whole World Slowing Down?
April 6th, 2015
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
UAE moving towards allowing 100% foreign ownership of businesses outside free zones
March 31st, 2015
Plans for a law to allow full foreign ownership of companies outside free zones in strategic sectors are at an advanced stage, the Minister of Economy said. At a the Annual Investment Meeting in Dubai on Monday, Sultan Al ...
Asia stocks down on weak data, Wall Street dive
March 26th, 2015
Asian stock markets mostly fell Thursday, battered by weak U.S. economic data and Wall Street’s retreat from near record highs. KEEPING SCORE: Japan’s Nikkei 225 fell 1.2 percent to 19,508.88 while Hong Kong’s Hang Seng added 0.1 percent to ...
BOI: The Monetary Committee keeps the interest rate for April 2015 unchanged at 0.1 percent
March 24th, 2015
Inflation data The Consumer Price Index for February declined by 0.7 percent, while forecasters had projected a decline of 0.6 percent, on average. The decline in electricity prices, which came into effect in February, contributed 0.3 percentage points toward ...
Europe shares higher; Tullow Oil up 4%
March 20th, 2015
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. Tullow Oil gains The pan-European Euro Stoxx 600 index was slightly higher, ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
