Insights

 

FX Daily
January 30, 2014 Posted by
The Federal Open Market Committee announced yesterday that it will reduce its monthly bond purchases by $10 billion to $65 billion per month, consistent with its plan to gradually scale back quantitative easing. The Fed stated that economic growth has improved in recent months and the labor markets have shown modest improvement.
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FX Daily
January 29, 2014 Posted by
The Federal Open Market Committee announced today that it will reduce its monthly bond purchases by $10 billion to $65 billion from $75 billion, maintaining its plan to gradually withdraw from the current QE program.
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FX Daily
January 29, 2014 Posted by
Emerging stock and currency markets are under pressure again this morning. The Turkish central bank unexpectedly more than doubled benchmark repo rates from 4.50% to 10.00% overnight in a bid to stop the slide of the Lira precipitated by a slowdown in China and a reduction in U.S. monetary stimulus.
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FX Daily
January 28, 2014 Posted by
Janet Yellen takes over as Fed Chair at the end of the month and will confront the challenge of defusing a potential asset bubble fueled by stimulus without damaging the U.S. economy. The Fed concludes its 2 day policy meeting tomorrow, the last meeting with Bernanke at the helm, and will likely announce another $10 billion reduction to its monthly bond buying program, down to $65 billion.
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FX Daily
January 27, 2014 Posted by
ECB Governing Council Member Christian Noyer said that turmoil in emerging markets is unlikely to derail Europe’s recovery.  He commented that “the IMF has just revised upward its global growth forecast, so there’s no particular reason that Europe should be affected by the problems encountered by a small number of countries.”
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CIO Vantage Point
January 24, 2014 Posted by
Higher growth, better innovation, and a higher debt ceiling.  PLUS: You could win $1 billion!
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FX Outlook; Global Edge
January 24, 2014 Posted by

In a landmark year for democracy, 40 elections around the world will take place in 2014, impacting how our clients should view their foreign exchange strategies.

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FX Daily
January 24, 2014 Posted by
Risk-off remained the global theme and flight to quality trades saw Treasury yields drop further overnight in conjunction with most global bonds. The yen and the Swiss franc rallied as a selloff in emerging-market currencies deepened, stoking demand for haven assets.
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