The IMF’s latest quarterly outlook is impressively upbeat with expectations that the US and other advanced economies, always together with China, will come roaring back this year and into next. Successful near universal adult vaccination...
The combination of rising virus cases and the sell-off in the US before the weekend dragged nearly all the Asia Pacific bourses lower. The Nikkei led the way with more than a 2% drop, but...
A major source of banks’ optimism is their various expectations of an economic recovery in 2020. It has to be said that this is not widely shared by other forecasters (including both the Fed and...
The Fed did a lot of heavy breathing over “trade uncertainty” and “trade tensions” during the September 17-18 FOMC meeting, according to the minutes, released this afternoon. The word “trade” was mentioned 26 times in...
The Fed is finally bringing some reason to smile for President Trump by making two continuous 25-bps cut after a gap of nearly a decade. It remains to be seen whether, the US economy moves up...
After trying hitherto to ignore politics as much as possible many traders have now become the keenest of followers. Even algorithmic programmes are being written to respond to key words in political speeches, announcements, news...
The US central bank cut interest rates for the first time since 2008, citing concerns about the global economy. The move comes amid economic uncertainties amid President Donald Trump’s trade wars and Brexit. The Federal...
It is far from clear that the US sanctions against nine Iranian officials, with the foreign minister to be added later brings negotiations any closer. At the same time, US officials trying to keep expectations...
In April, total assets on the Fed’s balance sheet fell by $46 billion, as of the balance sheet for the week ended May 1, released Thursday afternoon. This drop reduced the assets to $3,890 billion,...
There is little reprieve from the equity meltdown ahead of the weekend. Major markets in the Asia-Pacific region, including Japan, China, India, and Australia pushed lower. The MSCI index of the region is near 15-month...
The US central bank has raised interest rates once again — not to annoy the American president, but to prepare for an uncertain and bumpy economic future. After the US Federal Reserve raised its key...
The biggest US equity advance since Q1 has helped lift global markets today. The MSCI Asia Pacific Index rose for the fourth session, and nearly all the bourses in the region rallied with the notable...
