US Fed still likely to resume hiking rates in 2016
Feb 11, 2016 05:03 am UTC| Commentary Central Banks
US Federal Reserve Chair Janet Yellen in her semi-annual testimony stated that the central bank still intends to hike rates slowly. However, she said that the persistent volatility in the market might delay the Feds plans...
Janet Yellen’s testimony: what to watch out for?
Feb 10, 2016 13:06 pm UTC| Commentary Central Banks
With FED chair Janet Yellen ahead, market has now moved to a consolidation phase, and volatility awaits to return after her testimony and through question-answer session. It is expected to begin at 15:00 GMT. Lot of...
Markets await Fed Chair’s testimony for cues on March meeting
Feb 10, 2016 09:28 am UTC| Commentary Central Banks
With several Asian markets closed and markets focus on Yellens testimony, overnight markets remained moderately stable. USD/JPY continues to hover at 15-month low of 114.21 hit on Tuesday, while the commodity currencies...
Equity markets turmoil pushes no rate hike from FED closer to certainty
Feb 09, 2016 06:11 am UTC| Commentary Central Banks
With continued turmoil in global equity markets and relentless selling pressure in commodity segment is pushing investors to safety of government bonds, gold and Yen and also pushing back expectations for rate hikes in...
Yellen’s testimony to provide clues on whether a March hike is still in play
Feb 08, 2016 16:03 pm UTC| Commentary Central Banks
The US data calendar remains fairly light this week and the marquee event will be Fed Chair Yellens delivery of the semi-annual Monetary Policy Report to Congress, first before the House Financial Services Committee...
Fed likely to hike rates in June and December
Feb 08, 2016 10:00 am UTC| Commentary Central Banks
United States January establishment survey came in weak as nonfarm payrolls grew by 151k, not in line with markets expectations of 190k, which resulted from slow growth in the services sector employment. Services sector...
FED watch: Watch out for Loretta Mester tonight
Feb 04, 2016 11:10 am UTC| Commentary Central Banks
After New York FED president jolted markets, especially Dollar last night, watch out for speech from Cleveland FED President Loretta J. Mester tonight. Last night William Dudleys comments that financial conditions have...
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