People’s Bank of China daily reference rate setting has seen two way movement this week, some big swings in keeping with global market moves PBOC skips open market operations again today (this is for the 31st session in a row)PBOC says banking liquidity is at a reasonable and plentiful level
Huh. Ya think? – Even in the event of a ‘no deal’ Brexit, chance of a ‘catastrophic’ situation in financial services is small but impact on goods, services trade could be quite big More:
Williams speaking at an event in NY – Can be lots of ambiguity in economic data When asked about trade war effects: – says so far US tariffs do not have big effect on overall growth, inflation
Brainard often sends signals on rates The Fed seemed to float a shift to neutral after a December hike in the WSJ yesterday. Will Brainard say something similar today? Or will shut send stock markets over a cliff with something hawkish?
Further comments by BOJ governor Haruhiko Kuroda As in April, Kuroda still needs to put up a facade that this goal can be reached during his tenure but it’s still looking more of a pipe dream than an eventuality.
Yang Chin-Long, governor of the Central Bank of the Republic of China earlier: Now this: – US economy may reach its peak earlier than expected If he is correct then the Fed will wind back its pace rate hikes.
The adviser might want to check the Huawei headlines from earlier CNH much lower today (USD/CNH higher): ForexLive
Kuroda might be overstating the heights scaled by underlying (core) inflation in Japan , its under 1% More again: – Japan is no longer in deflation – but we need to maintain stimulus as our mandate is to achieve 2% inflation
This simply says that the RBA is starting to get worried ForexLive The poor Q3 GDP report yesterday is having a real significant impact on the central bank’s outlook. As mentioned then, the and they’re starting to be concerned about the possible downturn the economy could take if consumption continues to slump amid falling house…
Comments by RBA deputy governor Guy Debelle in Sydney – Any rise in rates is still some way off – Floating exchange rate matters, remains an important shock absorber ForexLive