Sanjaya Panth, deputy director of the IMF’s Asia and Pacific Department, said Yen’s depreciation is “driven by fundamentals. “Economic policymaking should continue to look at fundamentals. We don’t see any reason to change economic policy Read more…
BoJ announced yesterday another round of bond purchases to defend the 10-year JGB yield cap at 0.25%. It will carry out unlimited purchases through auctions on April 21, 22, 25, and 26, with 0.25% fixed-rate Read more…
Image: Google Anyone switching from an iPhone to an Android device has more to worry about than just green bubbles, they also want to bring along as much of the data from their phone as Read more…
Image: Google Anyone switching from an iPhone to an Android device has more to worry about than just green bubbles, they also want to bring along as much of the data from their phone as Read more…
Image: Google Anyone switching from an iPhone to an Android device has more to worry about than just green bubbles, they also want to bring along as much of the data from their phone as Read more…
San Francisco Fed President Mary Daly said yesterday that ” an expeditious march to neutral by the end of the year as a prudent path.” And it’s the “top priority” to move “purposefully to a Read more…
Consumer prices rose 1.8% in the March quarter. Coming on top of the large price increases we saw last year, that took the annual inflation rate to a three decade high of 6.9% (up from Read more…
Key Highlights USD/CAD started a downside correction from 1.2675. It traded below a major bullish trend line at 1.2580 on the 4-hours chart. EUR/USD could attempt a move above 1.0900, and GBP/USD is facing hurdles Read more…
Canada’s inflation metrics rise across the board and beat estimates by a wide enough margin to increase the odds of some serious hiking by the BOC in June. Wednesday US cash market close: The Dow Read more…
Canadian consumer inflation rose stronger than expected, adding 1.4% for March and accelerating to 6.7% y/y from 5.7% a month earlier and the forecasted 6.1%. The Bank of Canada last week raised its key rate Read more…