The US dollar is narrowly mixed in quiet turnover. The historic FOMC meeting that announces the end of QE is finally at hand. This marks a new phase, post-QE, for monetary policy, and the US economy more broadly. Although there had been some jitters, investors have come around to expect the F…
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Dollar Dithers as QE Withers
“Bankruptcy? Repossession? Charge-offs? Buy the car YOU deserve,” says the banner at the top of the Washington Auto Credit website. A stock photo of a woman with a beaming smile is overlaid with the promise of “100% guaranteed credit approval”. On Wall Street they are smiling too, salivating ov…
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Fears grow over QE’s toxic legacy
Could MetaQuotes’ introduction of a proprietary STP gateway which transforms its platform into a fully a-book compatible solution signal the end of the road for bridge providers? As far as development within the retail FX technology sector is concerned, five years is a veritable lifetime. Cast…
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MetaQuotes takes on the developers with in-house gateway
The Federal Reserve will go out of its way this week to send soothing signals to investors already unnerved by recent market volatility and worries about the global economy. There are no press conferences or updated economic forecasts after the U.S. central bank’s two-day meeting Tuesday and Wedn…
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Fed will hold market’s hand as it ends QE3
The Federal Reserve will go out of its way this week to send soothing signals to investors already unnerved by recent market volatility and worries about the global economy. There are no press conferences or updated economic forecasts after the U.S. central bank’s two-day meeting Tuesday and Wedn…
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Fed will hold market’s hand as it ends QE3
The Swedish economy is relatively strong and economic activity is continuing to improve. But inflation is too low. The Executive Board of the Riksbank has therefore decided that monetary policy needs to be even more expansionary for inflation to rise towards the target of 2 per cent. The Board is…
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Sweden: Repo rate cut to zero per cent
China’s desire that blue skies and traffic-free streets greet world leaders at a summit in Beijing next week — after air pollution in the capital reached hazardous levels at least 10 days so far this month — is prompting the city to ask residents to go away. The municipal government announced a…
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Beijing Tells Its Residents to Leave Town Ahead of APEC
economy has lost momentum but no deflation is present; More of the same from PP on the wires;
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ECB’s Praet says Eurozone deflation risk is limited
As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.6% in September 2014 compared with the corresponding month of the preceding year. In August 2014 and in July 2014 the annual rates of change were –1.9% and –1.7%, respectively. From August 2014 to…
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German Import prices in September 2014: –1.6% on September 2013
As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 1.6% in September 2014 compared with the corresponding month of the preceding year. In August 2014 and in July 2014 the annual rates of change were –1.9% and –1.7%, respectively. From August 2014 to…
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German Import prices in September 2014: –1.6% on September 2013
The European Central Bank’s long-awaited asset quality review suggests the vast majority of Euro-area banks could withstand a shock to the region’s economy. Just 25 of 123 banks failed its stress test. That’s good news. But does it mean European banks are in position to start lending and fuel…
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European Banks Pass Test, But Are They Ready to Lend?
The European Central Bank’s long-awaited asset quality review suggests the vast majority of Euro-area banks could withstand a shock to the region’s economy. Just 25 of 123 banks failed its stress test. That’s good news. But does it mean European banks are in position to start lending and fuel…
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European Banks Pass Test, But Are They Ready to Lend?
The Bank of Japan will consider moderating its language on inflation in a report this week to take account of the impact of lower oil prices, according to people familiar with central bank’s discussions. The central bank may tone down or abandon its assessment that consumer-price gains are likel…
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BOJ Said to Mull Moderating Inflation View as Oil Falls
The Bank of Japan will consider moderating its language on inflation in a report this week to take account of the impact of lower oil prices, according to people familiar with central bank’s discussions. The central bank may tone down or abandon its assessment that consumer-price gains are likel…
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BOJ Said to Mull Moderating Inflation View as Oil Falls
Tuesday’s a slow day for macro updates in Europe, but several key US reports are scheduled today, including the September data on new orders for durable goods. Later, we’ll see fresh numbers on US house prices via the Case-Shiller indices, followed by the Conference Board’s October estimate of…
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3 Numbers: US durables remain solid, US home prices, US confidence
Tuesday’s a slow day for macro updates in Europe, but several key US reports are scheduled today, including the September data on new orders for durable goods. Later, we’ll see fresh numbers on US house prices via the Case-Shiller indices, followed by the Conference Board’s October estimate of…
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3 Numbers: US durables remain solid, US home prices, US confidence
Asian shares were modestly higher while the dollar held steady on Tuesday, as investors awaited the outcome of the U.S. Federal Reserve’s two-day meeting that begins later in the session for clues to the direction of U.S. interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan …
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Asian shares, dollar tread cautiously ahead of Fed meeting
One day in December 2005, a few hours before dawn, employees of the Austrian central bank, dressed in blue overalls, began stacking about 30 million bank notes onto wooden pallets. They loaded the manat bills, the currency of Azerbaijan, into 38-ton trucks, according to people familiar with the…
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Bribery Plot in Austria Lands Money Printers in Dock
US DOLLAR TECHNICAL ANALYSIS – Prices corrected lower after last week’s breakout seemingly marking the resumption of the longer-term uptrend. Near-term resistance is in the 11102-43 area marked by the 23.6% Fibonacci expansion and the October 3 high, with a break above that on a daily closing basis…
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Crude Oil Struggling to Recover, SPX 500 Bounce Runs Into Resistance
Profits of Chinese industrial firms rebounded in September, a report from the National Bureau of Statistics showed Tuesday. Industrial profits rebounded by 0.4 percent year-over-year in September after the 0.6 percent drop in August. Total industrial profit in the January to September period r…
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China Industrial Profit Recovers In September
