Tag Archives: stimulus

The two major questions that the European Central Bank will have to answer are: (1) Will inflation eventually settle at its target? and (2) Are asset purchases still useful?ECB policymakers are hoping that too-high inflation will prove transitory and eventually subside. Since the pandemic struck, the European Central Bank has …

The Bank of Canada is expected to keep the major part of focused spotlight on inflation at its policy decision, as the country’s central bank is about to encounter an aggressive campaign in favour of interest rate hikes. Policy makers led by Governor Tiff Macklem are unlikely to raise their …

South Korea is sending citizens another round of stimulus in response to the economic challenges created by the pandemic. Finance Minister Hong Nam-ki opposed this call and suggested a smaller assistance package. Prime Minister Kim Boo-kyum backed up this position by adding that the government could not afford another round …

Speaking on Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts shed light on a number of developments in the markets this week Oil Hashad indicated that last Friday, there was a state of panic that …

On Tuesday, the EUR/USD pair is slightly up by 0.14% after moving from a 1.1226 low and reaching as high as 1.1275. However, not much more can be expected on a day where markets are subdued ahead of the Thanksgiving Day holiday Thursday in the US and key data Wednesday. …

Jerome Powell is set to serve a second term as chairman of the Federal Reserve. Under Powell, consumers can expect the central bank to maintain its patient stance regarding inflation and interest rates.Biden praised Powell and the Fed for decisive action that cushioned the impact of the Covid-19 pandemic. In …

Speaking on Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts, shed light on a number of developments in the markets this week: European Stocks Hashad commented on how markets would deal today with concerns over …

The European Central Bank’s President Christine Lagarde is set to deliver a speech Friday, 19 November, amid traders and investors’ speculations that the Eurozone central bank could lag behind Fed and world peers on rate hike decision. Meanwhile, the euro touched its lowest level in 16 months this week as …

The New York Federal Reserve took unprecedented action to stabilize the Treasury market after it was disrupted at the start of the pandemic.Offering a stark reminder that markets need to be strengthened to get prepared for the next big shock, New York Fed Bank President John Williams said on Wednesday.In …

A growing consensus of market watchers, investors and traders says that the Federal Reserve Bank has to speed up its taper procedures, namely the reduction of asset purchases in light of the fastest inflation in 31 years.The calls, ranging from former New York Fed President Bill Dudley to St. Louis …