Month: November 2022

This preview (in summary) is via Scotia Recall that the Fed disappointed those who had thought it might deliver a policy pivot at that meeting. Watch for three things: discussion that bolsters Powell’s guidance that the terminal rate estimates are likely to be revised higher in December’s ‘dot plot’ compared to September and the range
<p>What is CBDC?</p><p class="MsoNormal">Central Bank Digital Currencies (CBDCs) are virtual national money. The idea of ​​creating such currencies came to the authorities after the success of cryptocurrencies, which also exist only in digital form.</p><p class="MsoNormal">Unlike Bitcoin and Ethereum, CBDCs are centralized and regulated by central banks and thus offer less freedom and anonimity. At the
Remarks by RBA governor, Philip Lowe Justin Low Tuesday, 22/11/2022 | 08:40 GMT-0 22/11/2022 | 08:40 GMT-0 Board expects to increase interest rates further over the period ahead Need to ensure current period of higher inflation is only temporary Will be increasingly problematic to set a narrow range for inflation Inflation Inflation is defined as
The greenback was the best performing major currency yesterday as it continued its recovery path from the latter stages of last week. That saw a turnaround in near-term sentiment for some dollar pairs but traders are still looking rather tentative for now. The dollar is slightly on the backfoot today, with broader market sentiment also
A snippet from Blackrock, the world’s largest money manager. This section is titled “Living with inflation”. In brief: We are in a new world shaped by supply. Major spending shifts and production constraints are driving inflation. Constraints are rooted in the pandemic and have been exacerbated by the energy shock and China’s lockdowns. We are
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not