Why interest rates are heading toward zero (even in the US)
The ECB’s decision to cut rates is a “game changer,” set to force the hand of the Fed, Markus Schomer, chief economist at PineBridge, said Monday.
European Central Bank
Yellen: This is the root cause of disruptions facing central bankers
The disruptions and uncertainty central bankers have been dealing with over the past few years have one root cause, said Yellen on Monday.
Yellen: Central bankers don’t have enough bullets in their policy guns
Former Federal Reserve chief Janet Yellen said on Monday that global central banks don’t have enough bullets in their policy guns to deal with a crisis.
Forex trends Friday: Euro and sterling steady, but PMI data and Brexit eyed
The euro and the pound sterling were fairly steady on Friday, but Eurozone PMI and any fresh Brexit developments were on the radar. At its…
PineBridge: This is markets’ single most important driver right now
The foremost fundamental change in the markets this year, and the single biggest driver of market moves, is tighter financial conditions, Omar Slim, portfolio manager…
SocGen: Expecting US dollar to rise on Fed rate hikes is a ‘fairy tale’
Expecting the U.S. dollar to rise as the Federal Reserve hikes interest rates is a “canard,” that’s unlikely to materialize, said Alvin Tan, foreign exchange…
Perma-bear Albert Edwards: US-China spat may be prelude to full-blown US-EU trade war
A potential trade war between the U.S. and the European Union is a far bigger threat than the risk of a full-scale trade war between…
Singapore market trends Monday: North Korea summit and G-7 trade tensions eyed
Singapore shares were likely to struggle to find direction on Monday, with a tough battle for attention as the North Korea-U.S. summit was set to…
Singapore market trends Friday: North Korea, G-7, trade war tensions on simmer
Singapore shares may end the week on the back foot after a technology selloff on Wall Street on Friday and amid signs off risk-off moves…
Singapore market trends Thursday: ECB hints on QE to boost sentiment
Singapore’s shares may open higher on Thursday amid positive cues from Wall Street overnight and from regional markets after the European Central Bank hinted it…
Why the Italy-inspired selloff may be an overreaction
Markets sold off globally in the wake of political uncertainty in Italy, but a Wells Fargo strategist said that ructions could be an over-reaction. Fresh…