All eyes will be on the US Federal Reserve this week as it decides whether to raise interest rates on Thursday. Fed officials are due to convene the Federal Open Market Committee, a crucial meeting ex ...More
EJ Insight2015-09-14
Many economists are sticking to predictions the Federal Reserve will lift interest rates next week, but money-market derivative traders still need convincing. Thirty-eight of 78 economists surveyed by ...More
EJ Insight2015-09-11
China’s foreign exchange reserves have kept sliding since mid-2014, after deducting the foreign trade surplus. In addition, the country has witnessed a continuous net outflow of capital since the thi ...More
EJ Insight2015-09-10
... e the REO reserve the right to cross-check the address with the voters, this doesn't happen often, as the office handles hundreds of thousand of such applications. That has emerged as a serious loopho ...More
EJ Insight2015-09-08
... -exchange reserves, thereby preventing the renminbi from appreciating as much as it would have had it floated freely. More recently, the authorities have been deploying every piece of policy artillery ...More
EJ Insight2015-09-07
... k Federal Reserve registers gold sales between national central banks. Clearly, the incentives and motives of art investors who are engaged in capital flight, or who want to hide or launder their mone ...More
EJ Insight2015-09-07
... k. Today, reserve currencies are not backed by gold. Their value is more slippery -- a function of supply and demand. The shift from the pound to the dollar reflected a passage of economic power betwe ...More
EJ Insight2015-09-05
US stocks slumped on Monday, rounding off a volatile month of trading, as investors fretted about slowing global growth and a potential interest-rate hike by the Federal Reserve in September. The S&am ...More
EJ Insight2015-09-01
... educe the reserve requirement ratio for commercial banks given a gloomy economic outlook. However, the latest attempt to shore up market liquidity may not be enough. Market participants have priced in ...More
EJ Insight2015-08-31
Central bankers from around the world are suggesting that they are ready for a US interest rate hike and that they would prefer that the Federal Reserve make the move without further ado, Reuters repo ...More
EJ Insight2015-08-31
... f foreign reserves – including at least several trillion US dollars’ worth of US Treasury debt. Although this looks impressive on paper, reserves of this magnitude are essentially useless. If China we ...More
EJ Insight2015-08-31
... S Federal Reserve's expected hike in interest rates will not cause major turbulence in Hong Kong asset prices. Any rate hike will be mild and the policy tightening will be gradual, he said. In Hong Ko ...More
EJ Insight2015-08-28
... 8 billion reserve price equates a price-to-book ratio of 1.95 for NCB, or nearly double the 1.05 average ratio for listed Hong Kong banks, Thomson Reuters data shows. Reuters had reported that other p ...More
EJ Insight2015-08-28
... S Federal Reserve should delay any rate hike to give fragile emerging market economies time to prepare. He said Beijing's decision to let the yuan fall in value against the dollar should not make it a ...More
EJ Insight2015-08-28
China’s latest interest rate cut and reserve requirement ratio (RRR) reduction have resulted in a limited boost for the stock market so far. That shows market confidence is stretched and market senti ...More
EJ Insight2015-08-27
... S Federal Reserve will respond to days of China-led volatility by delaying an expected interest rate rise next month. “Heavyweight stocks like banks and insurance companies helped pull up the index, a ...More
EJ Insight2015-08-27
US stocks rebounded sharply on Wednesday after running up six straight days of sharp losses caused by worries about China's economy. Long-term bonds fell after a top Federal Reserve official scaled ba ...More
EJ Insight2015-08-27
... lenders’ reserve ratios were announced hours after the benchmark measure closed with a 7.6 percent drop on Tuesday. Chinese equities have lost half their value since mid-June, as margin traders close ...More
EJ Insight2015-08-26
... lower the reserve requirement ratio by 50 basis points. The double-barreled shot was Beijing’s last resort, which was aimed at triggering a strong market rebound after going through a heavy sell-off i ...More
EJ Insight2015-08-26
... S Federal Reserve may start the tightening cycle in late October. Yet according to Neo-Classical economic theories, it is ultra-low interest rates that underlie the current bleak climate as the policy ...More
EJ Insight2015-08-26
