Search Results for: Federal Reserve Bank
Mario Draghi Interview: We must propose a way forward to Europeans
November 2nd, 2015
Interview with Il Sole 24 Ore Interview with Mario Draghi, President of the ECB, conducted by Alessandro Merli and Roberto Napoletano, published on 31 October 2015 President Draghi, in Malta last week, you stressed the downside risks for both ...
Fiat money quantity update
October 30th, 2015
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...
Gold near 2-week low as Fed puts December rate hike in play
October 29th, 2015
Gold ticked up on Thursday but stayed near its lowest level in two weeks after the Federal Reserve hinted at a possible U.S. rate hike in December, bolstering the dollar and reducing the appeal of non-interest-paying bullion. Spot gold ...
Shanghai, Tokyo stocks buck downtrend in choppy trade
October 29th, 2015
Asian stocks outside China and Japan slipped on Thursday, after the Federal Reserve kept interest rates unchanged but signaled that a December rate hike was still on the table. “The market, economists, commentators and the man on the street has combed ...
Global Stocks Fall Ahead of Fed Meeting
October 27th, 2015
Global stocks fell Tuesday as investors looked ahead to the conclusion of the Federal Reserve’s two-day policy meeting on Wednesday. The Stoxx Europe 600 was down 0.6% in early trade after U.S. stock markets mostly fell Monday on lower ...
US Stock Market Regained The Lead In Last Week’s Rally
October 26th, 2015
US stocks reclaimed the top spot in last week’s performance race for the major assets classes, based on a set of proxy ETFs. The Vanguard Total Stock Market ETF (VTI) gained 1.7% for the five trading days through Oct. ...
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
Negative Interest Rates Are Here
October 20th, 2015
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
China’s stock market is on fire. That’s not a typo
October 20th, 2015
China’s stock market is in the midst of a reverse Isaac Newton moment. What goes down, must come back up. Way up actually. The Shanghai Composite has soared 11% so far in October after its dramatic 34% plunge between June and ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
