Blogs

Reserve Bank of Australia monetary policy meeting coming up on Tuesday April 7 Only yesterday we got the minutes to the emergency meeting (the RBA called is a 'special' meeting).  

People's Bank of China onshore yuan mid rate for the session ahead.  USD/CNY mid rate testing its high (ie lows for CNY): ForexLive

The Reserve Bank of New Zealand is restricting all locally-incorporated banks from paying dividends on ordinary shares  – is also preventing them from redeeming bond issues The restrictions take effect immediately, 2 April, and will stay in place until "the economic outlook has sufficiently recovered". That is, says

I posted the news here earlier: This another step from the Federal Reserve to help ease liquidity and credit constraints/pressures. The full statement from the Bank

report on moves from the Federal Reserve  Wall Street Journal – Fed said it was easing the supplementary leverage ratio – a way of curbing bankers' risk-taking- for one year and hoped the change would free up lenders' ability to serve homeowners and businesses rather than to increase share buybacks and dividends to sh

How long until they're buying ETFs? They're going to be buying junk-rated energy debt before this is over. At this point, you should be able to sell a house to the Fed at whatever Zillow appraised it at in February.

Bullard is at it again – All viruses have ever been temporary ForexLive No comment really. He should really stop with these "calls" as he himself has already proven that nobody knows the trajectory in which the virus saga is going to develop.

<p>Australia NAB Business Confidence dropped from -2 to -11 in Q1. Current Business Conditions dropped from 6 to -3. Conditions for the next 3 months dropped from 8 to -4. Conditions for the next 12 months dropped from 16 to 7. Alan Oster, NAB Group Chief Economist: “While the bulk of the survey was collected […]

<p>US President Donald Trump warned of “very, very painful two weeks” ahead for Americans. “I want every American to be prepared for the hard days that lie ahead,” Trump said at the White House. “We’re going to go through a very tough two weeks. This is going to be a very painful, very, very painful [&helli

<p>Boston Fed President Eric Rosengren said yesterday that Fed has “acted quickly to address spillovers from the economic disruption” caused by coronavirus pandemic. But “we are probably going to have to do more than what was jut in the CARES Act, but I think it was a very good start in trying to mitigate some […]