BOJ Minutes of the Monetary Policy Meeting on July 28 and 29, 2016

I. Summary of Staff Reports on Economic and Financial Developments5 A. Money Market Operations in the Intermeeting Period The Bank, in accordance with the guideline decided at the previous meeting on June 15 and 16, 2016, had been providing funds through purchases of Japanese government bonds (J… FF All News

No Debate on Wall Street: Election to Spur Volatility

There is a dollar squeeze in Asia, but it’s nothing like the crunch of 2013. Unlike three years ago, the banking system most exposed to tight hard-currency funding conditions isn’t India. It’s Malaysia. And that’s probably one reason investors are nervous about the nation’s banking stocks: Table… FF All News

4 Reasons Why USD Risks Remain Range-Bound Or Declines – BofA Merrill

The Fed provided strong signals in September it would hike rates at its December meeting, in our view, upgrading the balance of risks to “nearly neutral” and saying the case for a hike had strengthened. Market expectations for a December hike remain high at 60%, slightly higher than before the… FF All News

BoC’s Poloz: Domestic inflation to be less driven by domestic forces

Remarks from Bank of Canada Governor Poloz, these via Reuters • Increased trade integration could make it more challenging for central banks to maintain inflation targets • Bank’s conjecture is that increased integration will make economy less responsive to both interest rate and excha… FF All News

WTI Oil Prices Rise as Major Producers Gather in Algeria

Oil prices surged on Monday, as members of the Organization of the Petroleum Exporting Countries (OPEC) kicked off an informal meeting in Algeria to discuss ways to rebalance the market. The West Texas Intermediate (WTI) benchmark for US crude futures was up $ 1.15, or 2.6%, to $ 45.63 a barrel at … FF All … Continue reading WTI Oil Prices Rise as Major Producers Gather in Algeria

OPEC Speculation Continues To Dominate Oil Futures

After falling sharply on Friday following reports that Saudi Arabia considered this week’s talks to be consultative only, there was tentative recovery on Monday as underlying volatility continued. There was further high volatility in oil markets on Friday as reports and rumours surrounding this w… FF All News