Search Results for: central banks
Russia’s ruble rout rattles emerging markets
December 16th, 2014
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian rupiah fell to its lowest level since the 1997 Asian ...
How to deal with Europe’s ailing economy?
December 15th, 2014
There has been a lot of discussion lately in Europe and especially at the European Central Bank (ECB) headquarters for the need (or not) of non-conventional monetary tools to revive Europe’s ailing economy, such as Quantitative Easing (QE). On ...
ERPB to address instant payments in euro and remaining SEPA issues
December 9th, 2014
Instant payments with immediate availability of funds are the industry’s next frontier Aim is to take advantage of integration already achieved with SEPA and avoid the development of a fragmented market in Europe In its second meeting, on 1 ...
Netherlands Growth Prospects Remain Subdued
December 8th, 2014
The Dutch Central Bank on Monday said the Netherlands is emerging from a lengthy economic crisis but that growth prospects remain subdued as a result of a weakening global economy. The central bank said it expects Dutch gross domestic ...
Dollar Gauge at Five-Year High as Kiwi, Aussie Decline on China
December 8th, 2014
A gauge of the dollar headed for its highest close in more than five years after China said imports unexpectedly fell in November, underpinning demand for the currency of the U.S. where growth is beating forecasts. The dollar rose ...
Gold Declines Before U.S. Jobs Report as Investors Weigh Demand
December 5th, 2014
Gold fell before U.S. payrolls data that may show employers added more workers last month, boosting the case for an increase in borrowing costs in the largest economy as the dollar headed for a seventh weekly increase. Bullion for ...
Crude, Copper and the S&P 500
December 2nd, 2014
Why the Fed Bubble Is Likely to Burst After more than five years of aggressive accommodation from the world’s central banks, there are many charts that suggest the tremendous run-up in the risk assets during this time period is likely to ...
Gold Retreats From Five-Week High on Outlook for Stronger Dollar
December 2nd, 2014
Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped. Bullion for immediate delivery declined as much ...
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
