Reserve Bank of Australia’s Governor Lowe indicated in comments last night that the bank is considering easing monetary policy further in light of current market conditions and global impacts from Covid-19. In any case, the…
Uncertainty and Risks Remain for US Markets –…
After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…
MARKETS UPDATE – October 1st
EQUITIES Europe A positive open on Wall Street encouraged a late rebound in European markets. The dismay many people felt after watching the US presidential debate was manifested in a downbeat lackluster session. After a…
MARKET WRAP: Swiss National Bank & Dollar Breakout
The British pound, Aussie dollar and gold have all fallen to 2-month lows against a resurgent US dollar, which is gaining amid rising political uncertainty. The SNB will likely continue its policy of FX intervention…
MARKET UPDATE: Trump approves TikTok deal, Powell &…
MARKETS The Dow Jones fell on Friday as investors had to contend with another selloff in big tech, led by Google. Friday moves came as four major types of options contracts were set to expire…
MARKET WRAP Friday, September 18th
Yen rallies post-BOJ & UK retail sales Stock markets tip lower after conflicting messages on when a vaccine will become available. The Japanese yen has popped to a 6-week high after the BOJ lifted economic…
EURUSD Survives Another Correction
EURUSD was correcting yesterday but managed to find support. The Euro got under pressure against the USD last night but managed to reach stability by Thursday morning. The current quote for the instrument is 1.1850.…
BIS Innovation Hub and HKMA invite global innovators…
TechChallenge competition to highlight potential of new technology to safeguard and enhance trade financing. Firms are invited to submit innovative solutions to address TradeTech operational challenges by 31 August 2020. Financial sponsorship will be offered…
BOE: Asset Purchase Facility: Gilt Purchases – Market…
On 17 June the MPC voted for the Bank of England to continue with its existing programme of £200bn of UK government bond and sterling non-financial investment-grade corporate bond purchases, and to increase the stock…
BOE: Bank Rate maintained at 0.1% – August…
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present…
