Tomorrow, we have an all-important ECB meeting, and as we get close to the decision timings, here are the expectations as forecasted by the economists and researchers of 8 major banks for the upcoming.. FXstreet.com - Published
LONDON (Reuters) - Global markets recovered from earlier losses on Wednesday as investors made a cautious return to riskier assets, with the dollar rising and U.S. futures higher though worries about..
Business Insider reports that Google has set a record for spending on a lobbyists. Google disclosed on Tuesday that it spent a company-record $21.2 million on lobbying the United States government in..
LONDON (Reuters) - Pessimism about global growth drove down world shares and commodity markets on Tuesday and left investors seeking refuge in the dollar, government bonds and gold. People check their..
Business Insider reports a group of Sears creditors is challenging Eddie Lampert's victory in purchasing Sears out of bankruptcy. A committee of unsecured creditors or UCC has filed to halt the sale to..
According to Business Insider, leading economists are saying that because inflation does not seem to be accelerating, that the Fed will not likely raise interest rates. The Bureau of Labor Statistics..
Italy's economy minister kept the door open on Wednesday to the potential appointment of Bundesbank President Jens Weidmann as next head of the European Central Bank, saying past stances should not.. Reuters India - Published
China’s economic ministries are ratcheting up efforts to put stimulus steps to arrest the slowdown into effect as the trade war with the United States takes its toll. Ministries responded after China.. S.China Morning Post - Published
Here is what you need to know.
1. *The Fed is investigating Deutsche Bank's relationship with Danske Bank.* The Federal Reserve is looking into how Deutsche Bank handled billions of dollars worth.. Business Insider - Published
The European Central Bank is set to leave its interest rates and forward guidance unchanged on Thursday, after ending its massive asset purchase programme in December, as a myriad of risks including.. RTTNews - Published
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local):10:40 a.m.Guido Sandleris, president of the Central Bank of Argentina, says the country is.. New Zealand Herald - Published
Analysts at Rabobank point out that Chinese real GDP growth (6.4 percent y/y) continued its decline in the fourth quarter of 2018 and as a result, full year economic growth for 2018 came in at 6.6%,.. FXstreet.com - Published
South Africa’s MTN has paid $53 million to settle a money transfer dispute with Nigeria’s central bank and the matter has been withdrawn from court, Governor Godwin Emefiele has said. Myjoyonline - Published
Nick Kounis, head of financial markets research at ABN AMRO, suggests that due to the disappointing economic data flow, they think the ECB will finally shift its assessment of the balance of risks to.. FXstreet.com - Published
Japan's central bank has again revised down its inflation forecasts, in the latest sign of its struggle to reach a long-sought 2% rate that officials consider key to boost the economy. RTE.ie - Published
Central Bank of Savings Banks Plc
Stock Exchange Release
23 January 2019 at 9.45 am
Savings Banks Group is renewing its core banking system. The integrator for the new core banking system will.. GlobeNewswire - Published
* • US-China trade optimism undermines JPY’s safe-haven demand and helped regain traction. • Positive US bond yields/ dovish BoJ’s inflation outlook remained supportive of the uptick... FXstreet.com - Published
Adding to his earlier comments during the post-meeting press conference, the BoJ Governor Haruhiko Kuroda was further noted saying that overseas downside risks are heightening, mainly due to US-China.. FXstreet.com - Published
The EUR/USD pair may revisit 1.14 later, having violated key falling trendline soon before press time.
· As seen above, the common currency has just crossed the trendline.. FXstreet.com - Published
Amid fresh Chinese stimulus talks and the US top diplomat Kudlow’s comments refuting the FT reports that Trump turned down trade talks with Beijing, the risk appetite markets received a boost across.. FXstreet.com - Published
· *The EUR/USD pair created a long-tailed candle yesterday, signaling bear exhaustion.*
· *The markets have likely priced in dovish ECB. Expectations of the first ECB rate hike have been pushed out.. FXstreet.com - Published
Indian shares were little changed in early trade on Wednesday despite positive cues from global markets after China's central bank pumped liquidity into the banking system through a new tool and the.. RTTNews - Published
The central bank also left unchanged its forward guidance, adopted in July, that pledges to keep interest rates extremely low for an extended period. Zee News - Published Also reported by •FXstreet.com
The EUR/JPY pair is currently trapped in an ascending triangle, as seen in the 4-hour chart. As of writing, the JPY cross is trading at 124.62.
The Bank of Japan (BOJ) kept key policy tools.. FXstreet.com - Published
· *USD/JPY retains bullish bias after BOJ's status quo rate decision. *
· *The central bank revised lower inflation forecasts. *
USD/JPY remains on the hunt for 110.00 after the Bank of Japan.. FXstreet.com - Published
Bitcoin is a relatively new form of money – entirely digital. It is the first decentralized cryptocurrency, managed by the community of its users, working without having a supervision by central bank.. Mondaq - Published
Japan has resumed purchases of Iranian crude oil, the governor of the central bank of Iran told state news agency IRNA, Reuters reports. “After China, South Korea, India and Turkey, Japan also.. OilPrice.com - Published
Nigeria's main opposition candidate for president wants to overhaul the central bank by separating supervisory and monetary policy functions, and to transition the naira to a managed float, a spokesman.. Reuters - Published
The European Central Bank holds its first meeting of the year on Thursday as concern grows about weak economic growth at home and risks abroad from global trade tensions and Brexit. Reuters - Published
Encouraging China's banks to actively increase support for the real economy, rather than relying on authorities' orders to boost lending, is the key to improving the supply of credit in the economy, a.. Reuters - Published
"Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first policy meeting of the new year, as officials leave little doubt they want to stop raising.. Reuters - Published