Forex News
-
Blake Snell's prolonged free agency has ended. The reigning National League Cy Young Award winner agreed to a two-year, $62 million deal with the San Francisco Giants on Monday, 10 days before his new team opens its regular season against his former one, the San Diego Padres, a source confirmed to ESPN's Jeff Passan. The deal includes an opt-out after the ...
-
Swiss National Bank President Thomas Jordan earned a salary of 951,700 Swiss francs ($1.1 million) in 2023, making him one of the world’s best paid central bank chiefs. That compensation is an increase of about 2.5% from the previous year, according to Bloomberg calculations based on the annual report published Tuesday. His total remuneration came to ...
-
Technologies such as distributed ledgers create the possibility of new forms of digital money, whether privately-issued ‘stable coins’, tokenised commercial bank deposits, or central bank digital currencies. Authorities are considering a world where digital money circulates alongside existing forms of money. In the past, the nature of money has often ...
-
post: BoJ Governor Ueda Proposes As Chair Ending Negative Rates - NHKBank of Japan Governor Ueda proposes lifting of negative interest rate policy The Bank of Japan is holding its second day of monetary policy decision-making meetings today, and Governor Ueda has just proposed a proposal for a major shift in monetary easing measures, such as lifting the negative interest rate policy, and has begun to summarize the discussion. We plan to announce the decisions made at the meeting soon, and if we end negative interest rates and raise interest rates, it will be the first time in 17 years. At today's second-day meeting, nine policy committee members, including Governor Ueda, are discussing the immediate direction of policy management. Governor Ueda, who is currently serving as chairman, proposed a proposal for a major shift in monetary easing measures, including the lifting of the negative interest rate policy, and the discussion began. It also appears that discussion
-
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan assessed the virtuous cycle between wages and prices, and it judged it came in sight that the price stability target of 2 percent would be achieved in a sustainable and stable manner toward the end of the projection period of the January 2024 Outlook Report (Outlook for ...
-
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains high. Recent information suggests that inflation continues to moderate, in line with the RBA’s latest forecasts. The headline monthly CPI indicator was steady at 3.4 per cent over the year to January, with momentum easing over recent months, driven by moderating goods inflation. Services inflation remains elevated, and is moderating at a more gradual pace. The data are consistent with continuing excess demand in the economy and strong domestic cost pressures, both for labour and non-labour inputs. Higher interest rates are working to establish a more sustainable balance between aggregate demand and supply in the economy. Accordingly, conditions in the labour market continue to ease gradually, although they remain tighter than is consistent with sustained full employment and inflation at target. Wages growth picked up a little further in the December quarter, but appears to have peaked with indications it will moderate over the year ahead. Nevertheless, this level of wages growth remains consistent with the inflation target only on the assumption that productivity growth increases to around its long-run average. Inflation is still weighing on people’s real incomes and household consumption growth is weak, as is dwelling investment. The outlook remains highly uncertain. While there are encouraging signs that inflation is moderating, the economic outlook remains uncertain. The December quarter national accounts data confirmed growth has slowed. Household consumption growth remains particularly weak amid high inflation and the rise in interest rates. After recent declines, real inc post: <AUD=>: *RBA LEAVES CASH RATE TARGET AT 4.35% *RBA: INFLATION CONTINUES TO MODERATE BUT REMAINS HIGH *RBA SAYS WAGE GROWTH LEVEL CONSISTENT WITH INFLATION TARGET post: RBA: ACCORDINGLY, CONDITIONS IN THE LABOUR MARKET CONTINUE TO EASE GRADUALLY, ALTHOUGH THEY REMAIN TIGHTER THAN IS CONSISTENT WITH SUSTAINED FULL EMPLOYMENT AND INFLATION AT TARGET post: RBA: WHILE THERE ARE ENCOURAGING SIGNS THAT INFLATION IS MODERATING, THE ECONOMIC OUTLOOK REMAINS UNCERTAIN #News #Markets #RBA #ECONOMIC #INFLATION #live
-
The yen dwindled near the 150 per dollar level on Tuesday but held its ground ahead of a pivotal policy decision from the Bank of Japan (BOJ), while the U.S. dollar towered over ...
-
The Bank of Japan on Tuesday scrapped its negative interest rate policy, in a major overhaul of the central bank's unprecedented monetary easing framework of the past decade that ...
-
Canada is slated to unveil the always-relevant inflation-related figures on Tuesday. Statistics Canada will release the Consumer Price Index (CPI) for the month of February, with ...
-
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to moderate but remains high. Recent information suggests that inflation continues to moderate, in line with the RBA’s latest forecasts. The headline monthly CPI indicator was steady at 3.4 per cent over the year to January, with momentum easing over recent months, driven by moderating goods inflation. Services inflation remains elevated, and is moderating at a more gradual pace. The data are consistent with continuing excess demand in the economy and strong domestic cost pressures, both for labour and non-labour inputs. Higher interest rates are working to establish a more sustainable balance between aggregate demand and supply in the economy. Accordingly, conditions in the labour market continue to ease gradually, although they remain tighter than is consistent with sustained full employment and inflation at target. Wages growth picked up a little further in the December quarter, but appears to have peaked with indications it will moderate over the year ahead. Nevertheless, this level of wages growth remains consistent with the inflation target only on the assumption that productivity growth increases to around its long-run average. Inflation is still weighing on people’s real incomes and household consumption growth is weak, as is dwelling investment. The outlook remains highly uncertain. While there are encouraging signs that inflation is moderating, the economic outlook remains uncertain. The December quarter national accounts data confirmed growth has slowed. Household consumption growth remains particularly weak amid high inflation and the rise in interest rates. After recent declines, real inc post: <AUD=>: *RBA LEAVES CASH RATE TARGET AT 4.35% *RBA: INFLATION CONTINUES TO MODERATE BUT REMAINS HIGH *RBA SAYS WAGE GROWTH LEVEL CONSISTENT WITH INFLATION TARGET post: RBA: ACCORDINGLY, CONDITIONS IN THE LABOUR MARKET CONTINUE TO EASE GRADUALLY, ALTHOUGH THEY REMAIN TIGHTER THAN IS CONSISTENT WITH SUSTAINED FULL EMPLOYMENT AND INFLATION AT TARGET post: RBA: WHILE THERE ARE ENCOURAGING SIGNS THAT INFLATION IS MODERATING, THE ECONOMIC OUTLOOK REMAINS UNCERTAIN #News #Markets #RBA #ECONOMIC #INFLATION #live
-
post: BoJ Governor Ueda Proposes As Chair Ending Negative Rates - NHKBank of Japan Governor Ueda proposes lifting of negative interest rate policy The Bank of Japan is holding its second day of monetary policy decision-making meetings today, and Governor Ueda has just proposed a proposal for a major shift in monetary easing measures, such as lifting the negative interest rate policy, and has begun to summarize the discussion. We plan to announce the decisions made at the meeting soon, and if we end negative interest rates and raise interest rates, it will be the first time in 17 years. At today's second-day meeting, nine policy committee members, including Governor Ueda, are discussing the immediate direction of policy management. Governor Ueda, who is currently serving as chairman, proposed a proposal for a major shift in monetary easing measures, including the lifting of the negative interest rate policy, and the discussion began. It also appears that discussion
-
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan assessed the virtuous cycle between wages and prices, and it judged it came in sight that the ...
-
video GBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a clear directional impetus. Although the pair exploded higher and posted a fresh seven-month high after conquering the 50-day simple moving average (SMA), it quickly reversed back within its neutral structure. Should bearish pressures persist, the pair could violate ...
-
Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
-
IG Group has filled its recently vacant position of Chief Operating Officer with the appointment of Jody Dunn, who was promoted from her previous role of Chief Risk Officer. The London-listed broker promoted Sarah Gore Langton, previously the Chief Compliance Officer, to the role of Chief Risk Officer. “Both are long-standing employees who have played ...