Search Results for: Bank of China
The Rats Keep Pressing The Bar: Two Amazing Stories, One Inevitable Result
March 17th, 2016
Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of central bankers and mainstream economists: Slightly-negative interest rates didn’t lead people to borrow more? ...
SNB:Monetary policy remains expansionary
March 17th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the three-month Libor remains at between –1.25% and –0.25%, and interest on sight deposits at the SNB is unchanged at –0.75%. The Swiss franc ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
Morgan Stanley sees 30% risk of world recession
March 15th, 2016
Morgan Stanley has hiked the probability of a recession hitting the global economy within the next year to 30 percent from 20 percent. The U.S. bank also cut its baseline forecast for world economic growth to 3.0 percent in ...
Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights
March 11th, 2016
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...
Gold is the only sound money
March 11th, 2016
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...
Oil Prices Sink As Investors Lose Faith In OPEC Freeze
March 11th, 2016
Two hundred and twenty-two years after John Stone patented the pile driver, and the oil market is trying to dodge getting hammered today. After yesterday’s EIA-inspired hullabaloo, oil is looking lower. Here are seven things to consider on this ...
CFH Clearing enhances execution with matching engine in TY3
March 11th, 2016
CFH Clearing announces a new matching engine in TY3 in Japan as part of the organisation’s ongoing investment in Asia to provide clients with enhanced execution and reduced latency. The new matching engine will go live from the beginning ...
RBNZ: Official Cash Rate reduced to 2.25 percent
March 10th, 2016
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent. The outlook for global growth has deteriorated since the December Monetary Policy Statement, due to weaker ...
