-
Bank of Canada to taper again as loonie succumbs to Delta concerns
The Bank of Canada will announce its latest monetary policy decision on Wednesday at 14:00 GMT, which will be followed by a press conference by Governor Tiff Macklem at 15:00 GMT. With Canada’s economic recovery from the pandemic ticking along nicely, the BoC looks set to further scale back its bond purchases. However, looking at the Canadian dollar’s recent performance, it’s hard to tell that the BoC is the first major central bank to begin the tapering process. As worries about the latest escalation in virus cases weigh on the markets, can the Delta variant derail the Bank’s exit strategy? Market pundits ... (full story)
- Comments
- Subscribe
- Post #1
- Quote
- Jul 13, 2021 12:23pm Jul 13, 2021 12:23pm
-
AbaguTerfa - | Joined Jun 2021 | Status: Member | 9 Comments
-
- Older Stories
-
From @FinancialJuice|Jul 13, 2021tweet at 9:30am: ECB'S CENTENO: WHEN OPTING TO REDUCE SUPPORT MEASURES, THE ECB MUST EXERCISE EXTREME CAUTION. tweet at 9:31am: ECB'S CENTENO: THERE IS MORE FLEXIBILITY IN MONETARY POLICY THAN THOUGHT. tweet at 9:31am: ECB'S CENTENO: WHILE THERE IS SOME SHORT-TERM UNCERTAINTY, THE RECOVERY IS NOT IN JEOPARDY. tweet at 9:32am: ECB'S CENTENO: INFLATION IN THE EUROZONE HAS RISEN, BUT IT IS EMINENTLY TRANSITORY. https://t.co/KH2XH1M8nL
-
From @DeItaone|Jul 13, 2021|6 commentstweet at 9:13am: SNB CHAIRMAN SAYS SWISS FRANC IS A SAFE HAVEN CURRENCY AND TENDS TO APPRECIATE DURING CRISES tweet at 9:15am: SNB CHAIRMAN SAYS MONETARY POLICY SHOULD NOT ATTEMPT TO FINE TUNE INFLATION #News #Forex #INFLATION tweet at 9:17am: SNB'S JORDAN: WE MAY TOLERATE EPISODES OF SUB-ZERO INFLATION. tweet at 9:17am: SNB'S CHAIRMAN JORDAN: IN THE MARKET AND AMONG THE GENERAL PUBLIC, THE SNB HAS A HIGH LEVEL OF TRUSTWORTHINESS. tweet at 9:21am:
#SNB CHAIRMAN SAYS WILL CONTINUE TO USE UNCONVENTIONAL MEASURES, INCLUDING FOREX INTERVENTIONS AND NEGATIVE RATES WHERE NECESSARY - RTRS -
From blog.pimco.com|Jul 13, 2021In a surprisingly early conclusion of its monetary policy strategy review, the European Central Bank (ECB) rolled out several changes that will likely keep monetary policy easier ...
-
- Newer Stories
-
From think.ing.com|Jul 13, 2021|1 commentUS consumer price inflation jumped 0.9% month-on-month in June after recording a 0.6% gain in May with 0.8% increases in April and 0.6% in March. This was well ahead of the ...
-
From @DeItaone|Jul 13, 2021|7 commentstweet at 11:16am: FED'S DALY SAYS INFLATION POP WAS EXPECTED: CNBC tweet at 11:16am: SAN FRAN FED'S DALY/CNBC: RE CPI, DON'T READ MUCH INTO ANY INFLATION DATA; THIS WAS EXPECTED AND WILL BE REPEATED NEXT COUPLE MONTHS #Daly #federalreserve tweet at 11:16am: FED'S DALY: LET'S GET THROUGH THIS TUMULTUOUS PHASE SO WE CAN ASSESS THE ECONOMY'S TRUE STATE. tweet at 11:18am: SAN FRAN FED'S DALY/CNBC: IF HIGH INFLATION FOR SOME MONTHS DOESN'T MEAN IT'S NOT TRANSITORY; SEEING USED CAR PRICES TRIGGERED BY CHIP SHORTAGE ETC #Daly #federalreserve tweet at 11:20am: FED'S DALY: WE'LL BE IN A STRONG POSITION TO TAPER AT THE END OF THE YEAR OR EARLY THE FOLLOWING YEAR.
-
From monetamarkets.com|Jul 13, 2021NZD/USD has a lot to contend with right now. A much stronger than expected US inflation report is challenging the Fed’s view that rising price pressures are temporary. The ...
- Story Stats
- Posted: Jul 13, 2021 9:54am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,171
- Linked events:
