Forex and the Economy

Women play a part to bring peace in Solomon Islands

Margaret Wete, first female Village Peace Warden in Makira Province, Solomon Islands。 Photo: Ministry of Provincial Government and Institutional Strengthening In a hot and crowded school classroom in December 2015 I sat excitedly watching Margaret Wete accept her role as Village Peace Warden fo ...

Is it time for the Bank of England to target nominal GDP?

In December 2012, the then Governor of the Bank of Canada, Mark Carney, gave a speech entitled “Guidance” to the CFA Society of Toronto. Less than two weeks earlier, the UK Chancellor of the Exchequer, George Osborne, had announced that Carney would be the 120th Governor of the Bank of England ...

Are German Elections as Straight Forward as Many Think?

For many the German elections are a done deal. Chancellor Angela Merkel will win and Germany will once again be the anchor of stability for another four years.But, the devil is in the detail.She will need a coalition partner or two and all alternatives don’t look like a walk in the park. Many ob ...

Precious Metals and Commodities Weekly (Video)

Our weekly walk through of precious metals, energy and soft commodities using a combination of commentary and technical analysis. This week we assess the markets post the overnight FOMC which was surprisingly upbeat, causing a U.S. dollar rally. We will also see why the rain in Argentina is causin ...

Dollar holds onto gains in Asia

HONG KONG: The dollar built on gains against the yen on Thursday (Sep 21) after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year. Fed boss Janet Yellen said the world’s biggest economy was “performing wel ...

Ringgit a touch weaker but not ruffled post FOMC

By Bernama – September 21, 2017 @ 9:50am KUALA LUMPUR: The ringgit opened lower against the US dollar today as the greenback advanced after the US Federal Reserve System (Fed) left its interest rate unchanged at its meeting yesterday. At 9am, the local unit was quoted at 4.1965/2005 against ...

U.S Dollar Hanging Tough For Now

September 21: Five things the markets are talking about The Fed’s decision to leave the benchmark interest rate unchanged was entirely anticipated yesterday, but their ‘hawkish’ forecast for where rates will be at the end of the year caught some of the market by surprise. As expected, the Fe ...

Investors Remain Unconvinced By Fed Projections

USD and Indices Pare Post-Fed Gains US futures are marginally lower and the dollar is paring gains ahead of the open on Wall Street, as we see some early profit taking after the Fed unexpectedly maintained its hawkish outlook for interest rates on Wednesday. Subdued inflation, recent Fed commentary ...

What Do We Know Ahead of May’s Florence Speech?

British Prime Minister Theresa May is poised to travel to Florence, Italy on Friday with ambitions to underline Britain’s hopes for a “special partnership” with the European Union (EU) post-Brexit.In a move likely to be viewed as an attempt to break the current deadlock, May is expected to g ...

What Impact Would Catalonian Independence Have?

A split between Spain and Catalonia would cause a major political shake-up in the country but would also have significant consequences for the economy of both sides, experts have told CNBC.Voters in the prosperous Spanish region are set to be asked next month to choose if they want to secede from ...