... basket of reserve currencies in October 2016 in an acknowledgment of China’s growing economic might. “Making it an investible currency is very important. This bond is part of that process,” said Jean- ...More
EJ Insight2016-05-27
The market has become more cautious ahead of Federal Reserve chief Janet Yellen’s speech this week. Minutes of the last Federal Open Market Committee meeting show rising odds for a rate hike in June o ...More
EJ Insight2016-05-25
... e Federal Reserve officials weighed in with comments that supported the case for higher borrowing costs. Bullion for immediate delivery was little changed at US$1,227.24 an ounce at 6:43 a.m. in Singa ...More
EJ Insight2016-05-25
... S Federal Reserve meeting. The Fed's policymaking committee will meet mid-June to decide on interest rates. Investors are likely to get more clues next week regarding the shape of things to come. Redu ...More
EJ Insight2016-05-24
... ch as the reserve ratio requirement (RRR) in favor of an interest rate corridor with the Standing Lending Facility (SLF) as the ceiling and the rate paid on excess reserves as the floor. OMO are now u ...More
EJ Insight2016-05-24
... e Federal Reserve Bank of New York. All but one of the attempted transfers involved were to the Rizal Commercial Banking Corp. in the Philippines. Most were blocked, but US$81 million went to accounts ...More
EJ Insight2016-05-24
Expectations that the next hike in US interest rates could take place in the summer are reasonable, New York Federal Reserve President William Dudley said Thursday, joining the chorus of voices predic ...More
EJ Insight2016-05-20
The US Federal Reserve should consider raising rates at its June meeting, Richmond Fed president Jeffrey Lacker told the Washington Post in an interview published Monday. However, Lacker has no right ...More
EJ Insight2016-05-19
The US Federal Reserve is likely to raise interest rates in June if economic data points to stronger second-quarter growth and firming employment and inflation, minutes from the central bank's April p ...More
EJ Insight2016-05-19
... e Federal Reserve are in permanent circulation outside the US. Most, however, are invested in dollar-denominated financial claims -- above all, bills or bonds issued by the US Treasury. So long as for ...More
EJ Insight2016-05-18
... e Federal Reserve Bank of New York. In the Bangladesh case, the thieves tried to transfer nearly US$1 billion, although most of the requests were blocked. The scale of the Vietnamese attack, which occ ...More
EJ Insight2016-05-17
... e Federal Reserve Bank of St. Louis. The good news is that the odds are still very low at present, and there is little chance to see a recession in the near term. However, if company earnings growth s ...More
EJ Insight2016-05-12
... rt by the Reserve Bank of New Zealand due out Wednesday. The New Zealand unit has gone through two cycles against the US dollar since April and it’s very likely to fall further to 0.656 after tumbling ...More
EJ Insight2016-05-11
... h Federal Reserve increases interest rates will be mild – perhaps twice in 2016 – it is no doubt that Hong Kong’s real estate market will eventually face a higher interest rate. Australia, however, ha ...More
EJ Insight2016-05-11
... S Federal Reserve might launch further quantitative easing move. The market is set to experience heightened volatility in the coming months in the face of so many uncertainties. National People's Cong ...More
EJ Insight2016-05-10
... and high reserve levels and is likely to benefit from further economic integration and regional and multilateral trade agreements such as the Trans-Pacific Partnership. Asia's growth is moderating sl ...More
EJ Insight2016-05-09
... S Federal Reserve and other central banks launched several rounds of monetary easing in the wake of the 2008 financial crisis which in turn impacted stock markets. There is a close correlation between ...More
EJ Insight2016-05-05
"In this world, there are only two tragedies,” Oscar Wilde once wrote. “One is not getting what one wants, and the other is getting it.” As the US Federal Reserve inches closer to achieving its target ...More
EJ Insight2016-05-05
... after the Reserve Bank of Australia unexpectedly cut interest rates to record lows. It's critical to see whether the Aussie dollar could stabilize at 0.75, a level from which it managed to bounce duri ...More
EJ Insight2016-05-04
A new proposal by the Federal Reserve seeks to give big US banks greater protection from hedge funds in a future financial crisis. It requires that some investors wait 48 hours before cutting ties wit ...More
EJ Insight2016-05-04