by EFSD | Feb 17, 2019 | Economic News
China’s bond and stock markets experienced record inflows of $120 billion last year and an additional $200 billion could come in this year, according to Citi.Inflows into China’s stock and bond markets will likely increase further in 2019 as major global...
by EFSD | Feb 13, 2019 | Economic News
Fed Chairman Jerome Powell called the economy “strong” but noted pockets of weakness around the country.He pledged support for the Community Reinvestment Act and regulation that helps banks get funding to rural areas. Federal Reserve Chairman Jerome...
by EFSD | Feb 12, 2019 | Economic News
Bernstein is tracking two key measures, both of which are at levels not seen since World War II: global government debt and central bank buying of gold.The firm argues that the current geopolitical environment is heading toward a period in which neither stocks nor...
by EFSD | Feb 11, 2019 | Economic News
“Now that the Fed hikes are off the table for a little bit, and the Fed can afford to be patient, EM funding conditions won’t be as tight as it was before,” said Mary Nicola, a G-10 foreign exchange and Asian fixed income strategist at Eastspring...
by EFSD | Feb 10, 2019 | Economic News
The Reserve Bank of India (RBI) could cut the rate at which it lends to banks on Thursday due to shifting economic conditions, Priyanka Kishore, head of India and Southeast Asia economics at Oxford Economics told CNBC.Several factors could prompt the RBI to reverse...
by EFSD | Feb 7, 2019 | Economic News
The U.S. trade deficit fell to $49.3 billion in November, the first decline after five straight months of increases.But on a year-over-year basis, the gap rose by 10.4 percent. The U.S trade deficit with its global partners fell in November for the first time after...
