Search Results for: Central bank of China
BOJ holds rates despite overseas headwinds, stagnant inflation
October 30th, 2015
The Bank of Japan held off on expanding its massive stimulus program on Friday, preferring to preserve its dwindling policy options in the hope that the economy can overcome the drag from China’s slowdown without additional monetary support. But ...
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. ...
What Will It Mean If the Yuan Gets Reserve-Currency Status?
October 26th, 2015
At least $1 trillion of global reserves may migrate to yuan Successful bid would boost Xi’s economic reform efforts International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket ...
Europe Admits QE Has Failed, Promises More Of It
October 23rd, 2015
New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome. Throughout the developed world, interest rates are at record lows and central banks continue ...
Oil prices climb on upbeat economic data, ECB stimulus moves
October 23rd, 2015
Oil prices extended gains into a second day in Asian trade on Friday, finding support from brighter economic data and a global stock market rally after the European Central Bank signaled its willingness to launch more stimulus measures. Brent ...
Asian shares get a fillip from ECB stimulus hopes
October 23rd, 2015
Asian share markets advanced on Friday, tracking offshore gains following hints of new stimulus from the European Central Bank (ECB). ECB President Mario Draghi signaled on Thursday that the central bank is prepared to undertake another large stimulus package to tackle the lackluster ...
Asia shares lag behind Nikkei, euro firm for ECB
October 21st, 2015
Asian shares turned mixed on Wednesday as soft export data kept investors cautious ahead of the European Central Bank‘s policy meeting later in the week, though Japan’s market was having a go at setting a new peak for the ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
Lending expected to grow more than 3% in 2016, boosting Eurozone economy
October 19th, 2015
Business lending expected to grow by 3.8% in 2016 due to improving credit conditions and renewed business confidence Consumer credit to recover this year, growing 1.9%, and an expected 3.1% in 2016 Assets under management (AUM) in equities expected ...
