CentralBanks Archives

1 Minute

Forex

Why the Fed will revalue gold in 2024 [Video]

News November 17, 2023

Share: In this week’s episode of Live from the Vault, Andrew Maguire reveals the Federal Reserve’s Achilles Heel: the exchange of deflating dollars to undervalued bullion, and wonders why anyone would buy...

0 Minutes

Forex

Fed’s Collins: I wouldn’t take additional firming off the table.

News November 17, 2023

Federal Reserve (Fed) Bank of Boston President, Susan Collins, stated on Friday that she sees evidence indicating that financial conditions are still favorable for the Fed. Source link...

0 Minutes

Forex

Fed’s Daly: High risks and ‘murky’ economic conditions mean Fed should practice gradualism

News November 17, 2023

Share: San Francisco Federal Reserve President Mary Daly said on Friday, “high risks and ‘murky’ economic conditions mean Fed should practice gradualism.“ Additional comments Needs ‘the boldness to wait’ given uncertain times....

0 Minutes

Forex

Fed’s Barr: We are likely at or near the peak of where we need to be on interest rates

News November 17, 2023

Share: Federal Reserve (Fed) Vice Chair (for supervision) Michael Barr said on Friday, “we are likely at or near the peak of where we need to be on interest rates.” There are...

1 Minute

Forex

Philippines: BSP kept rates unchanged in November – UOB

News November 17, 2023

Share: UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest interest rate decision by the BSP. Key Takeaways Bangko Sentral ng Pilipinas (BSP) kept its overnight reverse...

4 Minutes

Commodities

When East Meets West

News November 17, 2023

Share: USD: Dec ’23 is Down at 103.995. Energies: Jan ’24 Crude is Up at 73.95. Financials: The Dec ’23 30 Year T-Bond is Up 18 ticks and trading at 115.28. Indices: The...

9 Minutes

Commodities

Eventually we will get rate cuts, brilliant

News November 17, 2023

Share: The pilot has turned on the ‘fasten seat belt’ sign. Investors continue to go all in… Stocks, bonds & gold move higher. Oil, the dollar and the VIX move lower. Rates...

0 Minutes

Forex

ECB’s Holzmann: We stand ready to raise rates again if necessary

News November 17, 2023

Share: European Central Bank (ECB) policymaker Robert Holzmann said on Friday, “we stand ready to raise rates again if necessary.” Additional quotes Markets should know that it’s not the end of the...

4 Minutes

Commodities

FX markets favor the big three: USD, EUR and JPY with the latter outperforming in a daily perspective

News November 17, 2023

Share: Markets The US yield curve hit a weekly low yesterday with declines ranging between 7.4 and 10.3 bps. Wednesday’s unconvincing rebound was indeed a head fake and got fully erased a...

2 Minutes

Bitcoin

Singapore central bank to trial live wholesale CBDC for settlements

News November 17, 2023

Share: A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements....