Tag Archives: FED

China has pledged to reduce the amount of liquidity its banks must hold in reserves early next month as it attempts to boost its faltering economy. The Chinese central bank said it expects rapid credit growth in the first quarter. Pan Gongsheng, governor of the People’s Bank of China, said …

Japan’s Nikkei index experienced a decline as profit-taking persisted from the previous session, with traders interpreting the Bank of Japan’s recent meeting as an indication of a continued monetary easing policy. The Nikkei index dropped by 0.8% to 36,226 points, extending the decline from its recent peak of 36,984 points, …

In the middle of the North American session, the Pound Sterling was negatively impacted by the strong US Dollar and high US Treasury bond yields, which supported the US dollar. The GBP/USD pair declined by more than 0.40%.As corporations release their fourth-quarter earnings from the previous year, US markets are …

At the time of writing, the EUR/USD pair is down 0.45% in the North American session, to 1.0833, after rising to 1.0915, helped by the Fed’s policy outlook. The Eurozone’s decline in confidence and the ECB’s tighter credit policy impact the euro against the greenback.Future US GDP estimates and ECB …

Joshua Shifrin, the international head of trading strategy at Goldman Sachs, has stated that the bank anticipates the US Federal Reserve to cut interest rates four times in 2024. He also expects inflation in the United States to reach 2% during the year. Shifrin suggests that the first half of …

Gold prices saw an increase on Tuesday as the US dollar weakened, with investors anticipating interest rate decisions from various central banks and key economic data from the United States later in the week. In spot transactions, gold rose by 0.5 percent to $2,030.64 per ounce by 0545 GMT, and …

The yen experienced a decline on Tuesday following the Bank of Japan’s decision to maintain its ultra-loose monetary policy at the conclusion of its two-day meeting, aligning with market expectations. The Japanese currency initially dropped by approximately 0.3 percent, reacting to the central bank’s decision to keep the short-term interest …

Gold prices remain range-bound at $2021.48, trading at the time of writing. Markets are cautious ahead of a busy week of policy meetings with central banks, including the Bank of Japan. The US Dollar Index moves in a tight range around 103.32. The Fed Funds Futures market sees no change …

The central bank of Japan unlikely to make a move on Tuesday, when it is anticipated to see no changes to the Bank of Japan’s key monetary policy settings, with the major focus being on how Governor Kazuo Ueda evaluates the progress made in achieving the sustainable inflation required to …

US Treasury bond yields decline on Monday from record highs this year after positive batches of US data revived hope that a “soft landing” could be achieved by the Federal Reserve.The Consumer Confidence Index issued by the University of Michigan rose this January to 78.8 points, compared to the previous …