Friday, 23 June, 2017
BUND SCARCITY MAKES MAJOR EXTENSION OF ECB’S QE DIFFICULT, WILL BE KEY FACTOR IN ANY DECISION TO TAPER OR EXTEND – SOURCES German bond scarcity a key factor in ECB QE extension debate: sources – Reuters News 23-Jun-2017 11:19:08 By Balazs Koranyi FRANKFURT, June 23 (Reuters) – The growing scarcity of German government bonds makes any major extension of the European Central Bank’s asset buying scheme difficult and this […] Read More
Tuesday, 01 August, 2017
MNI INSIGHT: RBA May Use Scope to Lower Rate if AUD Stays High –Other Cenbks’ Tightening May Not Hinder RBA Ease if Need Seen By Sophia Rodrigues SYDNEY (MNI) – The Reserve Bank of Australia has the scope to lower the cash rate further and is prepared to use that scope if there are signs the appreciating exchange rate is dampening growth and inflation. Importantly, the RBA would cut even if other central banks are […] Read More
Tuesday, 22 August, 2017
Reuben Sim T +44 (0) 20 7422 2988 E reuben.sim@archr.com 49 Carnaby Street, London, W1F 9PY United Kingdom ARCHR.COM Archr LLP is Authorised and regulated by the Financial Conduct Authority (FCA reference 617163). Archr LLP is not covered by the Financial Services Compensation Scheme (FSCS). Archr is registered in England and Wales No. OC371018. Registered office 115B Drysdale Street, Hoxton, London, United Kingdom, N1 6ND This message may contain […] Read More
Friday, 22 September, 2017
NWM (NatWest Markets) Gilts: Trading the BoE- Could this time be different? BoE rhetoric is not consistent with ‘one and done’ type policy adjustments. BoE Chief Economist Mr Haldane believes that the risk of tightening ‘too late’ is now greater than the risk of tightening ‘too early’. Raising rates once or twice is unlikely to offer much comfort. Mr Saunders aim is to ‘move from the current loose stance towards neutral’ and Governor Carney has […] Read More
Monday, 25 September, 2017
AFR – Westpac’s Bill Evans says RBA won’t be hiking anytime soon by Philip Baker If Philip Lowe starts to hike interest rates and it makes life a misery for everyone who has a mortgage, and then slows the economy down dramatically, then he runs the risk of being the first governor of the Reserve Bank since Bernie Fraser to be in the top job when there’s a recession. No central banker wants that on […] Read More
Monday, 25 September, 2017
MNI EXCLUSIVE I’VIEW: ECB Vasiliauskas; All Taper Options Open –Rising Euro No Cause for Worry Since Spurred by Improving Eurozone Economy By Jack Duffy VILNIUS (MNI) – All options remain on the table for scaling back the European Central Bank’s massive E2.3 trillion bond buying program, ECB Governing Council member Vitas Vasiliauskas told Market News International in an exclusive interview. Vasiliauskas said the council had not determined whether the reduction in bond […] Read More
Wednesday, 11 October, 2017
Economists see former Fed governor Kevin Warsh as the most likely to be nominated by President Donald Trump to lead the Federal Reserve, according to a Wall Street Journal survey. Fed Chairwoman Janet Yellen and Fed governor Jerome Powell ran not far behind as the second and third mostly likely picks to run the central bank after Ms. Yellen’s current term ends in early February. Business and academic economists surveyed saw a 28% probability that […] Read More
Thursday, 12 October, 2017
RBA STATE OF PLAY: Fin Stability Worry Eases But Still High By Sophia Rodrigues SYDNEY (MNI) – Financial vulnerabilities from Australian household debt and the housing market may have diminished slightly since April but not enough for them to have little or no impact on the Reserve Bank of Australia’s monetary policy decisions. This is likely to be the main message of the Financial Stability Review (FSR) and it will reinforce Governor Philip Lowe’s […] Read More
Monday, 16 October, 2017
SPAIN: ***What do Game Theorists say about the….. SPAIN: ***What do Game Theorists say about the Catalan situation? – An essay written about the previous stand-off in 2012 by Jaume Vives, "The Catalan Secession Process at the Light of Game Theory" still has a lot of insight for today. The discussion was about whether Spain would allow a non-binding referendum, which is a step that has already occurred but least it gives […] Read More
Tuesday, 17 October, 2017
LONDON (MNI) – MNI PINCH calculate probability of rates rising in the US have moved modestly higher following newswire reports of Trump being impressed by Taylor’s interview, with markets pricing in two rate hikes by September 2018. Rates have ticked lower in the UK though as markets interpreted BoE Governor Carneys comments as marginally dovish. While in the Eurozone talk of ECB announcing lower but for longer QE has led to the curve […] Read More
