US interest rates were left unchanged on Wednesday, signaling the Federal Reserve has accounted for the stock market selloff. Policymakers said they are "closely monitoring" global economic and financ ...More
EJ Insight2016-01-28
... . Foreign reserves are a necessary tool to keep the exchange rate stable. China recorded a US$595 billion trade surplus in 2015, but its foreign exchange reserves fell by US$513 billion, indicating th ...More
EJ Insight2016-01-27
... S Federal Reserve launched the first round of QE in late 2008. And loose monetary policy also bolstered bond markets. Companies got busy with mergers and acquisitions amid booming equity and debt mark ...More
EJ Insight2016-01-27
... e Federal Reserve to slow its pace of interest rate hikes. January crude oil futures were once traded at US$26 recently, marking an oversold status. So I believe technical factors also fueled the rebo ...More
EJ Insight2016-01-26
... the major reserve currencies used to calculate the Special Drawing Rights in which the IMF lends to its members. "These are very important institutional elements which strengthen the IMF," Padoan said ...More
EJ Insight2016-01-25
... Pensions Reserve Fund (NPRF) and China's sovereign wealth fund -- China Investment Corporation (CIC) -- announced the establishment of a US$100 million investment fund focused on Irish and Chinese te ...More
EJ Insight2016-01-24
China has no choice but to shift its economic growth model and boost the share of services in its economy, former US Federal Reserve chairman Ben Bernanke said on Tuesday. As manufacturing and propert ...More
EJ Insight2016-01-19
... which won reserve status from the International Monetary Fund in November, needs time to establish itself as a stable currency, according to Raymond Yeung, a senior economist at Australia & New Ze ...More
EJ Insight2016-01-18
China’s central bank will impose required reserve ratios on yuan deposits in the mainland of participating offshore banks in a bid to stabilize the currency. The move will take effect from Jan. 25, Bl ...More
EJ Insight2016-01-18
... and as a reserve currency after the collapse of the Bretton Woods System. Since then, the well-developed offshore market has cemented the dominance of the US dollar. Chinese policymakers consider ren ...More
EJ Insight2016-01-16
... exchange reserves dropped by a record US$107.9 billion in December. The impact has rippled through currencies, equities and other asset classes. How should investors position themselves in such a vo ...More
EJ Insight2016-01-16
... S Federal Reserve would raise interest rates and that the renminbi would depreciate became stronger, senior mainland officials insisted there weren't any fundamental reasons for the currency to weaken ...More
EJ Insight2016-01-15
... exchange reserves to stabilize the renminbi, the more it will stoke expectations of devaluation because of concerns the strategy is not sustainable. The PBoC decision may help boost the renminbi exch ...More
EJ Insight2016-01-14
... e Federal Reserve uses in deciding when to raise interest rates. It is true that employment data are already seasonally adjusted to allow for normal weather differences in temperate zones; constructio ...More
EJ Insight2016-01-12
Global equity markets posted a nearly 4 percent drop last year as a result of uncertainty about the timing of the US Federal Reserve's liftoff in interest rates, slower growth in emerging economies an ...More
EJ Insight2016-01-11
The US Federal Reserve focused on improvements in the US labor market most of the time last year. It hinted that a liftoff in rates would not come until inflation rose above 2 percent. However, the ...More
EJ Insight2016-01-09
... e Federal Reserve officials have hinted that rate hikes would speed up this year, and that would weigh on equity markets in the United States and Hong Kong. By contrast, markets in Europe and Japan ar ...More
EJ Insight2016-01-05
... S Federal Reserve has started it policy tightening cycle, but Europe is further loosening its monetary stance. Nonetheless, Li reckons Hong Kong will benefit by taking up a crucial role in mainland Ch ...More
EJ Insight2016-01-05
... in banks' reserve requirements and other stimulus in 2016 as the economy has been unusually slow to respond to a year-long flurry of support measures, suggesting it is facing deeper-rooted cyclical an ...More
EJ Insight2016-01-04
... S Federal Reserve's liftoff. I believe global investors will switch to overweighting European equities and underweighting US stocks next year. Tenth, there has been a boom in global mergers and acquis ...More
EJ Insight2015-12-31
