Two interest rate increases at the most could come before the year is out, a senior Federal Reserve official says. Philadelphia Fed president Patrick Harker is tamping down his expectations for contin ...More
EJ Insight2016-07-14
... exchange reserves unexpectedly rose in June. How should investors react to such complex market situation? I believe the impact of the UK leaving the European Union has yet to be fully reflected, and ...More
EJ Insight2016-07-11
US Federal Reserve officials decided that interest rate hikes should stay on hold until they get a clear picture on the consequences of Britain's vote on EU membership, according to minutes of the cen ...More
EJ Insight2016-07-07
China wants foreign lenders that conduct foreign exchange forward trading for their clients to set aside reserves, making it costlier to bet against a weakening yuan. The Wall Street Journal is report ...More
EJ Insight2016-07-07
... he banks' reserve requirement ratio as well as further depreciation of the renminbi. Some investors have switched to risk-off stocks that are sensitive to interest rates. A number of real estate inves ...More
EJ Insight2016-07-05
... e Federal Reserve is unlikely to hike interest rates, and may in fact cut rates. The Brexit vote has disturbed the timetable of Fed in raising rates, and thus it may hold off a further rate hike in it ...More
EJ Insight2016-07-04
... sell its reserves to shore up its currency, and this time Beijing may have used between US$10-20 billion of its ammunition of foreign currency reserve assets. Another emerging hit can be the waning d ...More
EJ Insight2016-07-04
... S Federal Reserve may raise interest rates only once at the most this year given the market turmoil caused by Brexit. The hike may come after the Fed meeting in September or December. Japanese yen has ...More
EJ Insight2016-06-30
... the bank reserve requirement ratio to unlock more funds into the system. Meanwhile, the odds of a US rate hike in July have diminished. As all these moves will be supportive factors for the equity ma ...More
EJ Insight2016-06-29
... S Federal Reserve has very limited room to hike interest rates, and any sharp increase could be a policy mistake. If so, the US economy could reach an inflection point. Capital expenditure of non-fina ...More
EJ Insight2016-06-23
... e Federal Reserve chairman, though the main determinant remains the party of the president.) So what accounts for the partisan performance gap? Blinder and Watson suggest that five factors – oil shock ...More
EJ Insight2016-06-23
The US Federal Reserve has decided to keep interest rates unchanged, making it improbable for the federal funds rate to have a 1 percent increase in 2016, which has been the consensus expectation at t ...More
EJ Insight2016-06-22
... S Federal Reserve had to back the US dollar market in Europe through swap lines with the ECB after the Lehman collapse. And the risks of such a challenge to Britain’s financial sector would be even gr ...More
EJ Insight2016-06-22
The US Federal Reserve warned on Tuesday that forward valuations for equities are well above historical norms in the country. "Forward price-to-earnings ratios for equities have increased to a level w ...More
EJ Insight2016-06-22
... S Federal Reserve is keeping interest rates unchanged as expected, understandably as a question mark hangs over European markets. However, there are mixed views on the Fed decision. Some believe it ha ...More
EJ Insight2016-06-21
... rs had to reserve tables and place an order for braised shark’s fin in advance. Those were the days when the economy was booming and Hongkongers lived an extravagant lifestyle in which a meal with sha ...More
EJ Insight2016-06-17
... S Federal Reserve raising interest rates, a slowdown in China and the possibility of Britons voting in favor of leaving the European Union next week. While most large Chinese banks including Industria ...More
EJ Insight2016-06-17
The Chinese authorities have released various measures to stem capital outflows. However, capital continues to flee the country through different channels. The US Federal Reserve started tapering its ...More
EJ Insight2016-06-16
Gold on Thursday climbed above US$1,300 to the highest level in six weeks after the Federal Reserve scaled back the outlook for interest rate increases, Bloomberg reports. Bullion for immediate delive ...More
EJ Insight2016-06-16
The US Federal Reserve kept interest rates unchanged on Wednesday following a two-day meeting, with chairperson Janet Yellen admitting that concerns related to a possible "Brexit" had weighed on polic ...More
EJ Insight2016-06-16
