China's renminbi is "quite a ways" from becoming a global reserve currency despite its inclusion in the International Monetary Fund's currency basket, and China needs further reform to reach that goal ...More
EJ Insight2016-09-30
... S Federal Reserve will be very restrained in its rate moves. At the moment, the Fed fund futures imply there may be one rate hike in December and another next year. Now, how did property perform histo ...More
EJ Insight2016-09-29
... S Federal Reserve and the Bank of Japan are continuing to be quite accommodative in their monetary policies. This will boost liquidity flows and provide support for the Hong Kong equity market. Next, ...More
EJ Insight2016-09-27
The US Federal Reserve has left interest rates unchanged but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed chair Janet Yell ...More
EJ Insight2016-09-22
... e Federal Reserve may hold back from its tightening its monetary policy. If that happens, the US dollar, and thus the Hong Kong dollar, won't become stronger, and that will be good news for the city’s ...More
EJ Insight2016-09-19
Australia expects to sustain its robust economic growth, lower the unemployment rate and push up wages and inflation, Reserve Bank assistant governor (economic) Christopher Kent said in an upbeat spee ...More
EJ Insight2016-09-14
The Hang Seng Index slumped over 800 points on Monday, the worst performer in the global market, amid expectation that the Federal Reserve might hike interest rates as early as this month. Hong Kong's ...More
EJ Insight2016-09-13
The Federal Reserve is likely to leave interest rates steady after a senior Fed official said it should avoid removing support for the US economy too quickly. In comments Monday, Fed governor Lael Bra ...More
EJ Insight2016-09-13
... S Federal Reserve is holding fire on the next interest rate increase after US non-farm payroll rose by 151,000 in August, below an expected 180,000. The Bank of England, on the other hand, has been cr ...More
EJ Insight2016-09-06
Remarks made by Federal Reserve chair Janet Yellen and vice chair Stanley Fischer have reignited speculation that interest rates will be raised soon, sending gold prices to a five-week low. Yellen sai ...More
EJ Insight2016-08-31
... S Federal Reserve's Jackson Hole meeting later this week, as well as some upcoming economic data. Short-term selling pressure could come from that front. Positioning for a strong fourth quarter, banki ...More
EJ Insight2016-08-23
The Federal Reserve is leaning toward an interest rate rise this year, even as early as next month, after two policymakers said conditions are right despite weak US economic growth in the first half. ...More
EJ Insight2016-08-17
... e Federal Reserve hikes interest rates in September. The Japanese yen is also unlikely to surge amid the country's continued monetary easing. After a period of depreciation, China's renminbi is likely ...More
EJ Insight2016-08-16
... e Federal Reserve launched several rounds of QE after the 2008 financial crisis in a bid to bolster the stock market and stimulate economic growth. The US stock market has since moved in tandem with t ...More
EJ Insight2016-08-11
... yuan as a reserve currency also will be increased, the central bank said. The International Monetary Fund will add the yuan to its Special Drawing Rights in October. -- Contact us at [email protected] ...More
EJ Insight2016-08-11
A Chinese tour guide stabbed and killed a tourist who was visiting Kenya's famed Maasai Mara Game Reserve after an argument over the seating arrangement for dinner, Reuters reports. John Kiruti, manag ...More
EJ Insight2016-08-10
... while the Reserve Bank of Australia slashed its benchmark interest rate by a quarter point to a fresh low of 1.5 percent. Given that the market run-up is mainly driven by foreign capital, highly liqui ...More
EJ Insight2016-08-09
... a low The Reserve Bank of Australia cut its official interest rate to a fresh low of just 1.5 per cent on Tuesday. It was the second rate cut this year. The aussie bounced back quickly after falling t ...More
EJ Insight2016-08-03
... or of the Reserve Bank of India, reiterated his proposal for a new permanent liquidity facility, building on dollar swaps that were established between the Federal Reserve and a selection of central b ...More
EJ Insight2016-08-03
... S Federal Reserve keeps delaying a rate hike, using mild language to stimulate capital inflow. Still, a US rate hike this year is uncertain. Will the Chinese central bank take action? If it does, glob ...More
EJ Insight2016-08-02
