... ng to the Reserve Bank of Australia. Loans in New Zealand comprised 36 percent of Australian banks' international exposure versus 4 percent for China. Conversely, China's market volatility, capital ou ...More
EJ Insight2016-04-22
... ng banks' reserve requirements and injecting liquidity into the financial sector, hoping to maintain lower borrowing costs. It is not the case – as some observers argue – that "debt-fueled growth" has ...More
EJ Insight2016-04-20
... he banks' reserve requirement ratio last month to stimulate the economy. The recent rebound in oil prices and the RRR cut in China are major positive factors supporting the emerging market bonds. With ...More
EJ Insight2016-04-20
... S Federal Reserve is expected to hold interest rates unchanged at its meeting next week. However, any indication of an acceleration of rate hikes might boost the US dollar. William Dudley, president o ...More
EJ Insight2016-04-20
... s and the reserve requirement ratio, as well as requesting banks to increase lending to SOEs and infrastructure projects with “window guidance”. The moves are poised to stimulate growth, boost profits ...More
EJ Insight2016-04-19
... ce banks' reserve requirement ratio once for the rest of the year given a more stable capital outflow. Market liquidity should remain abundant with interest rates staying low. Demand and production fi ...More
EJ Insight2016-04-18
... required-reserve ratios for big banks. The 1.1 percent quarter-on-quarter expansion fell short of the 1.5 percent rate forecast by economists surveyed by Bloomberg. Year-on-year growth of 6.7 percent ...More
EJ Insight2016-04-18
... monopoly reserve of a few major advanced economies whose high-level debt poses a rising risk to global stability and prosperity. For more of Dr. Dan Steinbock’ articles, see http://www.differencegrou ...More
EJ Insight2016-04-14
... e Federal Reserve and the Federal Deposit Insurance Corporation, issued joint determinations flunking banks' plans, commonly called "living wills." If the five banks do not correct serious "deficienci ...More
EJ Insight2016-04-14
A Philippine lender implicated in the theft of US$81 million of Bangladeshi foreign reserves would consider repaying part of any funds that cannot be recovered. Bloomberg reports. “If we’re found liab ...More
EJ Insight2016-04-13
Federal Reserve Chair Janet Yellen said the US central bank's interest rate decisions will depend on how the economy performs. But Fed officials and their staff are already dismissing the most recent ...More
EJ Insight2016-04-13
... ng to the Reserve Bank of Australia, about 15 per cent of SWIFT payments between Australia and mainland China and Hong Kong in 2015 were denominated in renminbi, up from 3 percent in 2012. We are seei ...More
EJ Insight2016-04-08
... lenders' reserve requirement ratio, the Hong Kong Economic Journal reported. The country's ability to pursue reforms has been underestimated while its currency valuation moves should be seen as progr ...More
EJ Insight2016-04-08
... e Federal Reserve tapering of its bond-buying program. It rose to 100.39 in the first quarter last year from a low of 80. The index has hovered around 94-100. That means the index has been consolidat ...More
EJ Insight2016-04-07
... S Federal Reserve will raise interest rates, will an expanded negative interest rate scheme in Japan lead to the same market reaction as we saw on Jan. 29? 3. A side effect of quantitative easing poli ...More
EJ Insight2016-04-07
... move, the Reserve Bank of Australia kept the cash rate at 2 percent. The Australian dollar has been rising since touching bottom in January. It has great support at 0.737 against the greenback but in ...More
EJ Insight2016-04-06
Hong Kong and mainland stocks took a roller coaster ride in the first quarter. The gyrations came despite some certainty about US interest rates after Federal Reserve chairman Janet Yellen downplayed ...More
EJ Insight2016-04-05
... recent FX reserve losses have largely been a result of valuation effect and capital outflows stemming from Chinese companies repaying foreign debt and portfolio (hot money) outflows. However, there is ...More
EJ Insight2016-04-05
... t foreign reserves to prop up its exchange rate and stem the flow of funds fleeing the country. The PBoC’s governor, Zhou Xiaochuan, has repeatedly stated that there is no basis for continued deprecia ...More
EJ Insight2016-04-05
... y Federal Reserve chief Janet Yellen about US interest rates. The Fed’s cautious stance has checked a rally in the US dollar and provided some relief to commodities. Also, it helped ease China’s capit ...More
EJ Insight2016-04-01