Tag Archive: Federal Reserve
FX Daily, May 27: Dollar Firms as Traders Await Yellen
The US dollar is winding down the week on a firm note, but still in a consolidative mode. The euro and yen and Australian dollar are well within yesterday's ranges while sterling and the Canadian dollar pushing through yesterday's lows.
Asian ...
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LIBOR Alternatives Taking Shape
Since the LIBOR scandal erupted, US officials have been working toward an alternative benchmark. In 2014, the Fed set up a working committee that includes more than a dozen large banks and regulators Before the weekend the committee (Alternative Reference Rates Committee) proposed two possible replacements for LIBOR. There reportedly was some consideration of …
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Three unintended consequences of NIRP
Central bankers use low or negative interest rates so that it leads to more investment. For them interest rates are a consequence of the currently very low inflation rates. Patrick Watson argues differently: Falling prices are a consequence of low interest rates.
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Fed Suppression, Long Term Economic Repression
The Federal Reserve really wants to raise rates, but they do not dare as the consequence of interrupting an unprecedented level of capital misallocation is too grave to face head on. So our money masters continue their low interest rate policy; pulli...
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The Twilight Of The Gods (aka Central Bankers)
The current financial market volatility increasingly reflects loss of faith in policy makers. Celebrity central bankers are learning that they must constantly produce new miracles for their followers.
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Mind Control as a method to support the US Dollar
With dollar mind control, the American elites ensure that the dollar remains the global reserve currency. Average Americans should only consume and should not have access to sophisticated financial services.
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Negative Rates: Jim Bianco Warns “The Risk Of An ‘Accident’ Is Very High”
In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and ...
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Podcast Discussing Dollar, Fed, BOJ on Futures Radio Show
I had the privilege of being interviewed by Anthony Crudele, who is trader at the CME, for the Futures Radio Show.
There was much to discuss. The FOMC met yesterday. The market, judging from the Fed funds futures see little chance of a Ju...
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FOMC Statement Demonstrates Firm Grasp of the Obvious
The FOMC delivered a statement largely as expected. It upgraded its assessment of the global economy by dropping the reference to risks. It downgraded its assessment of the domestic economy by acknowledging that growth has slowed.
Otherwi...
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FX Daily April 25: Global Tensions Lessened, but Bound to Increase Ahead of June FOMC Meeting
We expect the FOMC statement this week to recognize the improvement in the global conditions that have been an increasing worry for officials over Q1. At the same, time the soft patch of the US economy is undeniable. We suspect the Fed will look past the weakness of the US economy. The strength of the … Continue reading...
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The Shocking Reason For FATCA… And What Comes Next
Submitted by Nick Giambruno via InterntionalMan.com,
If you’ve never heard of the Foreign Account Tax Compliance Act (FATCA), you’re not alone.
Few people have, and even fewer fully grasp the terrible things it foreshadows.
FATCA is a U.S. ...
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Great Graphic: WSJ survey of Fed Expectations
This Great Graphic shows the results of the last three Wall Street Journal survey of business and academic economists on the outlook for Fed policy. The key take away is that despite all the talk and ink spilled on the shifting Fed stance and the split within the FOMC, economists views did not change much … Continue...
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Gold Prices Rise 16% In Q1 – Best Quarter In 30 Years
Gold Prices Rise 16% In Q1 – Best Quarter In 30 Years
– Gold prices gained 16% in Q1 – best quarterly performance since 1986– Gains due to increasing global financial, macroeconomic and monetary risk– Stocks come under pressure – Flat in U.S.; Falls ...
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Four Keys to The Week Ahead
There are four events that will shape market psychology in the week ahead. They are Yellen's speech to the NY Economic Club, US jobs data, eurozone March CPI and PMI, and Japan's Tankan Survey. The broad backdrop is characterized by the rebuilding of risk appetites since the middle of February, though the MSCI emerging market … Continue reading...
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Dollar Firm Ahead of the FOMC, UK Budget Looms
Since the Federal Reserve hiked rates in December, both the European Central Bank and the Bank of Japan have eased policy further. The idea that because they cut rates means that the Fed cannot raise rates is a not a particularly helpful way to ...
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Swiss Politicians Slam Attempts To Eliminate Cash, Compare Paper Money To A Gun Defending Freedom
As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thi...
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Global Risk Off: China Reenters Bear Market, Oil Tumbles Under $30; Global Stocks, US Futures Gutted
"We're gonna need a bigger Bullard"
- overheard on a trading desk this morning.
Yesterday, when looking at the market's "Bullard 2.0" moment, which was a carbon copy of the market's kneejerk surge higher response to Bullard's "QE4" comments fr...
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