Stanley Fischer
BofAML: The dichotomy between dovish remarks from Fed Chair Janet Yellen and more hawkish comments by several of her colleagues on the Federal Open Market Committee (FOMC) sets the stage for the March minutes. The shift lower in the dot plot was accompanied by modest downward revisions to the outlook,...
Japanese Yen
The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors pulled away from riskier assets, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded. The Japanese currency, often sought in times of market turmoil or economic uncertainty, fell...
Brexit Fears
Banks could fall silent on the question of Britain's continued membership of the European Union this month, or run the risk of fines and even jail time for staff who breach campaign rules for a June 23 referendum. Britain's electoral law places strict limits on political communication during official campaign...
Brexit In Campaign
Support for Britain to stay in the European Union rose in the last month, suggesting a crisis in the steel industry and attacks in Brussels have not boosted the campaign for an exit, according to an ORB poll for the Daily Telegraph. The survey published on Tuesday found 51 percent...
Japanese Yen
Asian shares and other riskier assets skidded on Tuesday, pressured by slumping crude oil prices and mixed messages from Federal Reserve policymakers on the outlook for U.S. interest rate rises. Oil prices continued to drop after shedding more than 2 percent overnight, as investors doubted that oil producing countries would...
Bank Of England
The Bank of England will leave British interest rates at a record low until next year as stuttering global growth and inflation nowhere near target ties the central bank's hands, a Reuters poll found. Bank Rate has sat at 0.5 percent for over seven years and the BoE - which...
Euro Dollar
While some technicals suggest the USD may pause here, the overall decline in volatility, caused by better global data - notably from China - is a headwind to the USD now... The EURUSD? I hear many concerned that Draghi will be worried about currency strength, but with retail sales and...
Forex Trader
Asian shares rallied on Wednesday as markets pared back expectations for how fast and how far U.S. interest rates might rise this year, bruising the dollar and boosting sovereign bonds. MSCI's broadest index of Asia-Pacific shares outside Japan reversed four sessions of losses to jump 1.4 percent. South Korea hit...
Chinese Stock Market
U.S. Treasury Secretary Jack Lew said on Sunday that it was critical for China to continue moving toward a more market-oriented exchange rate and clearly communicate its actions to the market. Lew made the remarks during a meeting with Chinese Vice Premier Wang Yang in Beijing, following the G20 finance...
Bank Of England
There is no doubt about the standout currency this morning, with sterling having gone up the escalators into Friday's close and down the lift-shaft at the start of the Asia session. Friday's up-move came on the back of the late evening deal between the UK and the EU on the...