He bought with $27 bitcoin in 2009 and forget about them. 4 years later he opened his bitcoin account to find that his investment is equal to $800,000...
The long awaited speech is out and it's a dudLaudatio for Theo WaigelSpeech by Mario Draghi, President of the ECB, in honour of Dr...
Double bubble Bullard Mismatch between markets and Fed dot plot is causing distortions in global markets Best thing for Fed to say is that the economy is not likely to change much in the foreseeable future Fed should acknowledge that the economy won't change much without an outside shock Fed shou...
Bloomberg picking up comments from MNI There is some upside potential to inflation than forecasts show Measures from March are still new and mon pol has long lags Focus is now on near term developments We need all incoming data in the next months before deciding...
St Lous Fed head Bullard back on the wires 17 June 2016 maybe even more than 30 months Oh no, Bully the Bore is going to give my typing fingers a real end of session test! economy may have slipped into slow-growth mode where appropriate Fed policy rate is 0...
As always traders will be keen to feed off any scraps but the speech is at an awards ceremony and not necessarily key-note. That's not to say though that Magic Mario isn't capable of pulling something out of the hat so we'll see what transpires...
BOJ Market Group meeting Minutes now published 17 June 2016 following the introduction of the negative interest rate policy, liquidity and functioning of the JGB market have largely declined sluggishness of trading in the market can be described as "contracted equilibrium" more and more financial...
FSA, MoF, BOJ officials are meeting to discuss financial mkts Asakawa remarks crossing on the screens: BOJ, MoF, FSA share view the volatility is rising in FX, financial markets (Masatsugu Asakawa is vice finance minister for international affairs) More...
Gold climbs to highest since July 2014 then tumbles Uncertainty and a Fed that suddenly seems like might not hike at all gave gold an boost early today but it has completely turned around in the second big reversal in a month. The first came three weeks ago...
S&P 500 down 12 points to 2058 Let's count the reasons why Strength in the dollar Weakness in oil The lack of action from the BOJ...
Bank of England governor Mark Carney speaks tonight at the annual Mansion House Banker's Dinner 16 June 2016 The BOE have the speech scheduled for 20.00 GMT with the text being released on their website at the same time here...
Bank of England MPC meeting Minutes now poublished 16 June 2016 fall perhaps sharply after a vote to Leave due to worsening terms of trade, lower productivity, higher risk BOE now finally getting the picture that all is not well regardless of Brexit outcome of EU referendum biggest immediate risk...
Details of the Bank of England's MPC monetary policy announcement June 2016 Prior 0.50% Finished QE £375bn Full statement; Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion16 June 2016Monetary policy summary...
Swiss National Bank head still up to the rostrum 16 June 2016 no advice to offer over BOE's reaction to a vote for Brexit have confidence in Carney I wonder if the feeling is mutual ? Secret Squirrel Jordan giving joint policy co-ordination a big thumbs down. Again...
Ignazio Visco stating the obvious Ideally the output gap would be addressed via investment The ECB doesn't want monetary policy to be the only game in town (bit late for that chummy) ECB mon pol has substantially reduced the deflation risk...
European Central Bank out with its monthly bulletin 16 June 2016 stimulus from existing measures to have more impact Blimey, all go this morning. Is it time for the football yet? Full release here ( basically a re-hash of the Draghi ECB meeting statement...
Swiss National Bank chairman Jordan with his press conference 16 June 2016 Brexit vote may cause uncertainty, turbulence will monitor situation closely and act if required franc remains significantly overvalued neg rates absolutely essential tool...
Swiss National Bank statement following the rate hold decision 16 June 2016 franc significantly overvalued Brexit concerns causing uncertainty and may increase Here ya go. As per printed programme. expects moderate growth in global economy to sustain over the coming quarters...
Swiss National Bank out with their latest interest rate decision 16 June 2016 3-month lower target LIBOR -1.25% 3-month upper target LIBOR -0.25% sight deposit rate -0...
Bank of Japan governor still up to the rostrum 16 June 2016 BOJ policy not to underwrite govt spending but to achieve price stability excessive yen moves could have impact on prices BOJ closely watching fx, fin market moves we are not conducting mon pol in sync with fx moves...
