Forex News
ECB Noyer: ECB Measures ‘Very Strong’
European Central Bank Governing Council member Christian Noyer said Wednesday that the ECB announced “a very strong package” of measures to
Consumer Sentiment – June
Consumer Sentiment rose by a small 0.2% in June but is 8.6% below year its years ago level.
ECB Mersch: Prolonged Low Inflation Could Hit Expectations
European Central Bank Executive Board member Yves Mersch said Tuesday that the risks to the Bank’s inflation outlook remains “broadly balanced” but
Rosengren: Raise Rates When w/in 1 Yr of Jobs, Inflation Goals
Boston Federal Reserve Bank President Eric Rosengren Monday said if he had things his own way the Fed would not implement the first increase in
ECB: “We are not finished”
ECB delivered a whole package of measures just as we expected. As a result, longer core yields initially rose, the curve steepened and the euro depreciated.
GDP Q1 2014 – Growth reverts to trend via strong exports
Real GDP rose by 1.1% in QI and growth was significantly faster than in recent quarters. It was a notch above theconsensus which centred on a rise of 1.0% (CBA (f): 1.1%).
A macro model for Kiwi
What drives the NZD? The NZD is at post-float highs and is one of the highest returning G10 currencies to date this year.
RBA Keeps Cash Rate Unch; AUD High Despite Commodity Price Fall
The Reserve Bank of Australia left its cash rate unchanged on Tuesday as widely expected but slightly stepped up its language on the elevated level of the Australian dollar by
NAB Business Survey – NAB Online Retail Sales Index – Quarterly Update April 2014
NAB’s Online Retail Sales Index edged higher in April, with growth of 0.3% compared to 0.2% in March. Annual growth slowed to 6.4%yoy from 12.7%.
Fed Williams: Sees 2%-2.5% Fed Funds Rate At End of 2016
San Francisco Federal Reserve Bank President John Williams said Friday he sees a lower interest rate environment over the long run, with the Fed funds rate around 2%-2.5% at the end of 2016.
Fed Plosser: Worried About Inflation in 2-3 Yrs
Philadelphia Federal Reserve Bank President Charles Plosser said Friday that while PCE data shows inflation is moving in the right direction, he worries about inflation two to three years down the road.
IMF: Japan Needs No Extra Easing Now; External Factors Risks
The International Monetary Fund said Friday in its staff report that it agrees with the Bank of Japan leadership that the economy does not need additional monetary easing at this point and