People's Bank of China  ForexLive

GS says gold is close to an inflection point following the Federal Reserve increased QE ForexLive

That is, if your firm is a big, investment-grade, company. Central bank's (when acting as lender-of-last-resort) lent money to banks, secured by the banks' assets (usually those banks' business loans) which then lent to business.

But at least the operations are helping to ease the funding squeeze ForexLive On the one hand, this shows that it will take some time for dollar funding pressures to ease – if it even does – but at least the swap lines and funding operations like these are helping to alleviate the squeeze in […]

<p>While Fed’s QE infinity gave no apparent boost to US stocks, Asian markets are responding rather positively. Strong gains are seen in major indices. Dollar has turned broadly weak, followed by Swiss Franc, Yen and Euro. Australian Dollar is leading commodity currencies higher. Gold also ride on greenback’s pull back too. Techni

<p>Japan Finance Minister Taro Aso warned that the Financial Services Agency will strengthen monitoring against improper trading activity at the current time of heightened market volatility. In particular, the FSA will with with securities watchdog and stock exchanges to monitor fraudulent activities in market operations. He also made a rare

<p>Unemployment rate set to reach 11% by June. Economy to contract by 3.5% in June quarter. Sustained recovery not expected until Q4. Despite releasing new forecasts only last week we are now revising those forecasts in light of the current extraordinary circumstances. Our key focus has changed from the usual GDP forecast approach where a [&h

<p>Market movers today Market focus continues to be on COVID-19, policy responses and economic impact. Today we get March PMI data for the US and the euro area, which are likely to show a significant decline. Not least the service sector is set to show a very sharp drop. The G7 finance ministers and central […]

<p>Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended […]

<p>A week before the final data, the flash PMI report for Japan gives a glimpse of how the coronavirus outbreak has hurt the country’s manufacturing and services activities. The composite output index slumped to 35.8, compared with 47 in February. Sector-wise, the services index dived to 32.7 in March compared with 46.8 in February, while [&h