Tag Archives: inflation

Short term U.S. Treasury yields leapt higher Wednesday after the Bank of Canada shut down its QE program and signaled for an early 2022 interest rate hike only some days before November’s awaited Fed policy meeting.Treasury yields jumped higher Wednesday, pushing major stock indices into the red zone, after the …

German 10-year bond yield retreated to the lowest in more than a week, a development that caused yield curve to be flattened on Wednesday.After a brief break, the government yield curves across developed markets are back to flattening over the last couple of successive sessions.This low reflects concern that central …

Investors await fiscal policy announcement, Wednesday, for clues that Canada’s central bank is turning more hawkish. Led by Governor Tiff Macklem, the Bank of Canada is expected on Wednesday to raise its inflation forecast and to largely end stimulus related bond buying program, starting a countdown of sorts to the …

The U. S. dollar ended the trading session with mixed performance. It is particularly stronger against European rivals. EUR/USD pair is down to the lower end of its weekly range, trading in the 1.1590 price zone.GBP/USD settled around 1.3760. The pair received additional pressure from comments by European Commissioner for …

The Bank of Canada will continue pulling back its stimulus that has been in place to support the economy at a policy decision this week, paving the way for the start of interest rate increases next year amid inflation concerns.Governor Tiff Macklem is expected to reduce weekly government bond purchases …

Gold prices, Monday, sum up the whole market scene in terms of market sentiment and risk appetite. The yellow metal rose about 1% as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings later on during the current …

Gold prices rose about 1% on Monday, as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings this week.The U. S. dollar rebounded and closed up on the day, but that failed to impact the rally in the …

Canada’s hot wave of inflation and the recovering labour market are accelerating pressure on the Bank of Canada to hike interest rates ahead of schedule. Investors are eyeing a fiscal policy announcement this week for clues that the central bank is turning more hawkish. Led by Governor Tiff Macklem, the …

Fed Chair Jerome Powell said Friday that elevated U.S. inflation readings are expected to last into next year and the central bank is watching the impeded risk that consumers start to experience because of the accelerated inflation.In a discussion sponsored by the central bank of South Africa, Powell admitted that …

“The RBA is closely watching a spike in inflation,” said the Reserve Bank of Australia Governor Philip Lowe while speaking before a conference hosted by the Universidad de Chile on early Friday morning.The policymaker has added that he did not think the rise would be sustained unless it led to …