Commentary
Add as a preferred source on GoogleThe BoK's two day meeting starts today. It is expected to leave rates at 1.75%, but there is a small minority (2 out of 10) expecting a 25bps rate cut. With growth and inflation subdued, BoK remains under pressure and th…
The BoK's two day meeting starts today. It is expected to leave rates at 1.75%, but there is a small minority (2 out of 10) expecting a 25bps rate cut.
With growth and inflation subdued, BoK remains under pressure and the door remains likely open for further monetary easing this year. Consensus expects only 10bps of cuts this year, with rate hikes in early 2016.
With the negative output gap continuing for longer than had been anticipated, we think those expectations seem too optimistic.
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…
