Search Results for: First Data
Dollar Watchers Look to IMF
March 30th, 2015
Data on central banks’ holdings of greenbacks are expected to fuel the rally A roaring dollar rally could get a boost this coming week with the release of data that many investors expect to provide fresh evidence that central ...
China Bonds Drop Most Since December This Week on Debt Swap Plan
March 27th, 2015
China’s 10-year government bonds headed for their biggest weekly decline since December on speculation a move to allow regional authorities to swap debt into municipal notes will increase supply. The government will permit as much as 1 trillion yuan ...
Asian stocks mixed as Mideast worries linger, oil eases
March 27th, 2015
Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook. Spreadbetters expected Britain’s FTSE .FTSE, Germany’s DAX .GDAXI and France’s CAC.FCHI to tip toe higher while the markets awaited fresh cues from ...
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 ...
ECB to Continue Buying Debt Until Inflation Stabilizes
March 24th, 2015
Central Bank will purchase large amounts of public and private debt for at least 18 months The European Central Bank will purchase large amounts of public and private debt for at least 18 months and until it is convinced ...
BOK Said to Have Met Economists to Improve Communication Lines
March 24th, 2015
The Bank of Korea called in economists on Monday to discuss communication on monetary policy, after catching them off guard earlier this month when it cut the benchmark interest rate to a record low. Officials including Deputy Governor Yoon ...
Oil prices down as Opec remains stern about production levels
March 23rd, 2015
Oil prices declined further after Saudi Arabia’s oil minister said it is not the sole responsibility of Opec to raise oil prices in further indication that the biggest oil exporter has no plans to reduce oil production. Despite the ...
Bitcoins – Money Without Physical Form
March 20th, 2015
Bitcoins and other virtual currencies have grown into a global phenomenon. Some see the beginning of a new era, others see the potential for a major crash. In just five years, the new bitcoin currency has grown from a ...
China’s Consumption Transition
March 20th, 2015
A standard pattern of long-term economic development is that a country goes through a period of higher savings and investment, along with correspondingly lower consumption levels. After the growth spurt, consumption levels rise again. For illustration, here’s a figure ...
Predicting the Future With Russia’s Economic Nostradamus, Mikhail Dmitriyev
March 19th, 2015
Mikhail Dmitriyev, president of the New Economic Growth consultancy, is often described as “Russia’s top brain.” He studied in Leningrad in the ’80s and took part in economics discussion clubs with the people who transformed Russia into a market economy, including Anatoly Chubais, the architect of Russia’s privatization ...
