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Add as a preferred source on GoogleIn fact, one cannot rule out further monetary tightening in this cycle given the pressure on the BRL. Although that is not the baseline scenario. "In any case, such a rate hike would be seen as an effort to ensure financ…
In fact, one cannot rule out further monetary tightening in this cycle given the pressure on the BRL. Although that is not the baseline scenario.
"In any case, such a rate hike would be seen as an effort to ensure financial stability and not primarily due to further inflationary pressure. We now expect a rate cut of only 50bp in 2016, vs a 125bp rate cut previously. The consensus view of a rate cut of about 175bp in 2016 is probably too optimistic", says Societe Generale.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
