The calls earlier this week for an emergency rate cut seemed to be a call for the Fed put, which, we argue is misunderstood. It is not about the stock market per se but financial...
Seeing the drama he inspired on Tuesday, the Fed chair tried soft-pedaling the idea that he was signaling a 50 bp hike in March. The market did not buy it. And the odds, discounted by...
With the exception of Japan, Taiwan, and India, the large equity markets in the Asia Pacific region traded higher today. The Hang Seng led the move (1.65%) amid reports that Alibaba will seek its primary...
The dollar jumped yesterday making new highs against most of the major currencies, including the euro, sterling, the dollar-bloc and the Scandis. The yen and Swiss franc held in better, but the greenback still closed...
The market awaits the ECB meeting and the first look at the US Q3 GDP. The pullback in US shares yesterday was a drag on the Asia Pacific equities. It is the first back-to-back loss...
Under Kuroda’s leadership the BOJ has surprised the market a number of times, most recently with the move to negative rates at the end of January. It is not that such a move, which has...
BoJ surprised the market by taking an easing action on January 29. It was a bold move, introducing a negative central bank policy rate for the first time in Japan’s history. From February onward, the...
For at least a couple of years before the Great Financial Crisis, policymakers often cautioned that investors were mispricing risk. Through the crisis, investors became painfully aware of many risks, including counterparty risk and reputation...
Bank of Japan’s Governor Kuroda commenting that the economy will continue to grow, along with the top performance by Japanese Yen against Euro as well as dollar in last 3 days has created the buzz....
Federal Reserve chairman Ben S Bernanke has hinted that the economy may still require stimulus to bolster growth, that may lead to a rally in weak foreign currencies, especially in the emerging markets. Bank of...
