Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
IMF: Opening Remarks at Advances in Monetary Economics…
Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF July 13, 2020 Hello everyone, good morning to you all. [caption id="attachment_368970" align="alignleft" width="300"] Tobias Adrian, Financial Counsellor and Director of…
IMF Managing Director Kristalina Georgieva Appoints Alfred Kammer…
[caption id="attachment_368901" align="alignright" width="200"] Kristalina Georgieva , MD, IMF[/caption] Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Alfred Kammer as Director of the European Department.…
Toward a More Resilient Europe – AN IMF…
Europe, like the rest of the world, faces an extended crisis. An element of social distancing—mandatory or voluntary—will be with us for as long as this pandemic persists. This, coupled with continued supply chain disruptions…
Dollar Mixed, Stocks Turn Down, Covid-19 Rise Forces…
Summary: A degree of volatility returned to FX trading although the end-result was a flat finish to the Dollar Index (USD/DXY) which is a favoured gauge of the Greenback’s value against a basket of 6…
Speech on the Global and Asia Economic Outlook
Hello, everyone. It gives me great pleasure to join you today at the Greater Bay Area Chief Economist Forum and to engage in dialogue with you on issues of Global and Asia Economic Outlook and…
Teleworking is Not Working for the Poor, the…
The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future. Social distancing measures…
The 2020 playbook so far
2020 has been a wild year for investors, with a multitude of events that have ranged from the biggest losses in stock market history to now, where we are seeing the best quarter in decades.…
EUR/USD is Trading With Clear Dovish Bias Today
[caption id="attachment_368092" align="alignnone" width="689"] EUR/USD[/caption] EUR/USD: The pair is trading with clear dovish bias today as an increase in USD’s strength and pressure from IMF’s revised growth forecast weighs down EURO bulls considerably. But support…
