Search Results for: Federal Reserve
Asia rises after cold spell lifts oil, dollar stands tall
January 25th, 2016
Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets. World equities ...
International central bank committees release reports on fixed income markets
January 22nd, 2016
The Committee on the Global Financial System (CGFS) and the Markets Committee today released two reports on the structure and liquidity of fixed income markets. The CGFS report, Fixed income market liquidity, finds signs of greater fragility, with liquidity conditions ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
Pound Slumps as BOE Rate-Rise Expectations Recede
January 14th, 2016
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about China help push back expectations of a long-anticipated interest-rate increase ...
China doesn’t restrict forex sales to individuals: regulator
January 14th, 2016
The State Administration of Foreign Exchange (SAFE) said Wednesday it does not limit foreign currency sales to individuals, although China faces dropping forex reserves. SAFE denied media reports that Chinese banks put restrictions on foreign currency sales as many ...
PBOC:The Central Parity of RMB against US Dollar Became More Market-based in 2015
January 8th, 2016
Guest Commentator of CFETS The PBC improved the quotation mechanism of the central parity of RMB against US dollar on August 11, 2015, for the purpose of having a more market-based central parity to serve as the benchmark for ...
World Bank:Anemic recovery in emerging markets to weigh heavily on global growth in 2016
January 7th, 2016
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to ...
The Crystal-Ball Business For 2016: A Brief Sampling
January 4th, 2016
It’s a new year and that means that it’s time to roll out a new round of predictions. There’s no reason to think that turning the calendar to January is any more productive for prognosticating vs. flipping the page ...
Chase, Wal-Mart Seek to Disrupt Mobile Payments Business in 2016
January 4th, 2016
Banks and retailers move to capture tap-and-pay transactions Apple, Google will see new competition in evolving market American consumers will have more choices in 2016 for how they make purchases with their smartphones as big banks and retailers vie ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
