Forex News
Sweden: Good start of the year
The monthly indicator of household consumption in January rose by 1.0% over the month and by 0.9% over the year.* This was higher than our forecast and also stronger than the previously released figures for retail sales.
Fed Lockhart: Sub-100k Jobs A Concern But Don’t Overreact
Atlanta Federal Reserve Bank President Dennis Lockhart Thursday night said a third straight month of disappointing jobs numbers would be cause for concern but cautioned against any overreaction in the financial markets.
RBA Hints Cash Rate May Not Fall Further From Here
The Reserve Bank of Australia provided one of the strongest hints that the cash rate may not go further down from here, saying it remains unclear if a shortfall in demand can be made up quickly through monetary policy action.
RBA Governor Stevens’ Testimony to Parliament: 7th March 2014
RBA Governor Stevens and other central bank officials appeared before the House Economics Committee today. The twoparts of this appearance are the Governor’s opening Statement and the subsequent Q&A session.
Fed Plosser: Gives No Timing For Rate Hike; Depends On Economy
Philadelphia Federal Reserve Bank President Charles Plosser Thursday refused to comment on when the Fed may increase the federal funds rate after its monthly asset purchase program ends,
Fed’s Dudley: ‘High Threshold’ To Alter Course Of QE Tape
New York Federal Reserve Bank President William Dudley Thursday said recent soft economic data, mostly due to inclement weather in recent months,
Retail Trade – January 2014
Retail trade jumped by 1.2% in January, which bettered market expectations that were centred on a rise of 0.4% (CBA (f)0.5%). The news is good for the economy and policy makers.
Trade Balance – January 2014
The January trade surplus was much larger than expected, coming in at $1433mn. Market consensus was looking for asurplus around $100mn (CBA (f): $200mn).
Fed Fisher: Growing Signs QE Has ‘Overstayed’ Welcome
Dallas Federal Reserve Bank President Richard Fisher Wednesday night warned again that the Fed’s aggressive bond buying, intended to spur faster economic growth, is causing distortions in the financial markets and
Fed Beige Book Confirms Weather-Related Economic Weakness
The Federal Reserve’s latest survey of economic conditions around the nation, released Wednesday, found less robust economic growth in recent weeks, with much of the softness apparently due to weather conditions.
Bank of Canada remains at 1.0%
As widely expect BOC kept their target rate at 1.0% where it has been since Sep 2010.
GDP – QIV 2013: initial views
Real GDP rose by 0.8% in QIV. Growth was a touch faster than in recent quarters. And it was a notch above theconsensus centred on a rise of 0.7% (CBA (f): 0.8%) and