- Story Log
User | Time | Action Performed |
---|---|---|
-
Saxo Bank Japan enables clients to use “Option Strategy” for FX and precious metals options trading
Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, has enabled its clients to use the “Option Strategy” function for foreign exchange and precious metals options trading. The brokerage has earlier released an “Option Strategy” function that can be used for foreign stock option trading. This function, which allows you to efficiently execute complex option trading strategies, has been well received, and now Saxo Japan announces that its clients can also use the dedicated ‘option strategy” function for foreign exchange and precious metal option trading. ... (full story)
- Comments
- Subscribe
-
- Older Stories
Thank you for that kind introduction. I thought I might take 10 minutes to share how I’m seeing the economy. Let me caution these are my thoughts alone and not necessarily those of anyone else in the Federal Reserve System. As you well know, the Fed has moved aggressively against inflation. We have raised rates 525 basis points in just a year and a half. Hopefully, you agree we needed to take action because, if there’s one thing we have relearned over the past two years, it is that everyone hates inflation. High inflation creates uncertainty. As prices rise unevenly, it becomes unclear when to spend, when to save or where to invest. Inflation is exhausting. It takes effort to shop around for better prices or to handle complaints from unhappy customers. And inflation feels unfair — the wage increase you earned feels arbitrarily taken away at the gas pump. We are making real progress. In September, 12-month headline PCE inflation was 3.4 percent, down considerably from its peak of 7.1 percent in June 2022. Core was 3.7 percent, and in the last three months, core has been 2.5 percent annualized. We aren’t at our 2 percent target yet, but we’re heading in the right direction. At the same time, the data shows an economy that has remained remarkably healthy. Despite fears of a recession, we continue to see strong demand and a resilient labor market. GDP grew at a remarkable 4.9 percent in the third quarter. Consumer spending was robust, up 4 percent annualized. Unemployment remains low at 3.9 percent. Job growth has averaged 204,000 over the last three months, roughly double the breakeven pace. If you had asked me for my fo post: FED'S BARKIN: WE HAVE TIME TO SEE WHAT PATH INFLATION TAKES, WITH RATES NOW RESTRICTIVE AND FINANCIAL CONDITIONS TIGHTENED. post: BARKIN: ANY DOWNTURN MAY BE LESS SEVERE THAN PAST RECESSIONS #News #Markets #BARKIN #live post: FED'S BARKIN: WE WILL NEED ECONOMIC SLOWING TO BEAT INFLATION. post: FED'S BARKIN: THE JOB ISN'T DONE, INFLATION REMAINS TOO HIGH.
Mark Spitznagel, the Universa Investments founder and chief investment officer whose firm is advised by Black Swan author Nassim Nicholas Taleb, said the stock market is likely to ...
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.62 percent of all loans outstanding at the end of ...
-
- Newer Stories
Good morning. I’d like to start by thanking Advocis Vancouver for inviting me here today. And thank you for the kind introduction. The Bank of Canada’s main job is to control inflation, but we also play a critical role in promoting the stability of the Canadian financial system. Each spring, we publish the Financial System Review (FSR), which outlines risks and vulnerabilities that could test the system’s resilience. We also update Canadians on financial stability issues in a speech every autumn, as I am doing today. Given the forceful response by central banks since early 2022 to get inflation under control, this year’s FSR focused on the adjustment of the financial system, globally and in Canada, to the large and rapid increase in interest rates.1 Since the FSR, we’ve seen more evidence that the financial system is continuing to adjust. But there is more adjustment to come as past interest rate increases work their way through the system. Your view of current interest rates probably depends, at least in part, on your age. On one hand, if you had a mortgage in the 1970s or early ’80s, today’s rates may not seem very high. On the other hand, young people buying homes today are facing some of the highest borrowing costs they’ve ever seen. In any case, we’ve all been through a lengthy period of very low interest rates. Before rates started rising last year, they had been unusually low for a long stretch of time that started during the 2008–09 global financial crisis. And it may be tempting to believe the low rates that we all got used to will eventually come back. But there are reasons to think they may not. Adjusting to a world of higher interest rates would be a big change for everyone in the financial system—from governments, businesses and households to financial planners and investors. Financial stability and resilience are all about adjusting to change—gradually and proactively. Adjusting early and bit by bit lowers the post: BOC SENIOR DEP. GOV. ROGERS: IT'S EASY TO SEE A WORLD WHERE RATES ARE PERSISTENTLY HIGHER THAN PEOPLE HAVE GROWN USED TO IN RECENT YEARS. post: BOC'S ROGERS: CANADIANS ARE ADJUSTING, AND FEELING SOME PRESSURE, AS THEY JUGGLE COMBINED EFFECTS OF INFLATION AND HIGHER RATES #News #Markets #CANADIAN #JUSTIN #BOC #INFLATION #live
Good afternoon, everyone. I am very happy to be here with you today, and I look forward to sharing information on the economy and the path of monetary policy. As interim president of the Federal Reserve Bank of St. Louis, I represent the Eighth Federal Reserve District at meetings of the Federal Open Market Committee, or FOMC, where I report on economic conditions in the District, comment on the key data and analysis about the national economy and express my views on monetary policy. The Eighth District encompasses all or parts of seven states, including western Kentucky and southern Indiana, and we have a branch office in Louisville in the capable hands of our branch executive, Seema Sheth. In a few minutes, Seema will be pitching some hard questions to me, but first I will level set with a few remarks about the U.S. economy and monetary policy. At the outset, let me make clear that I’m expressing my personal views, which are not necessarily those of any other FOMC participant. post: FED'S PAESE: IT IS TOO SOON TO DECLARE VICTORY ON INFLATION. post: FED'S PAESE: THE CENTRAL BANK HAS TIME TO DECIDE NEXT STEP ON MONETARY POLICY.Fed's Paese: Too soon to rule out further US rate hikes Kathleen O'Neill Paese is the interim St Louis Fed President • Central bank still has time to decide next step • Watching 10-year yield for signals on financial conditions • Too soon to declare victory on inflation • Local contacts report better balance in jobs market • Kathleen O'Neill Paese is Bullard's interim replacement and not a voter this year. He's not shy to weigh in despite the interim title.
The Pound Euro (GBP/EUR) exchange rate was volatile today as a lack of data left the currencies vulnerable to their respective economic outlooks. At the time of writing the ...
- Story Stats
- Posted: Nov 9, 2023 11:28am
- Submitted by:Category: Forex Industry NewsComments: 0 / Views: 10,678