It was another wild night for markets. Either way, the volatility is likely here to stay. Well, that is, unless Jerome Powell has something to say on the matter. Overnight the Fed released an update on its latest bank ‘stress tests’…
Macroeconomics: Global Central Banks News & Highlights
Embedded Banking: Can Aussie Banks Survive the Financial Shift?
Even if you’re not the kind of person who is interested in investing in speculative fintech companies, you should be interested in knowing if your bank can survive in a new financial landscape. I don’t think it can…
Markets Higher on Corporate Payday: The Fed Buying Bonds
After last week’s small panic, US markets are back. The NASDAQ is trading at pre-COVID levels and the S&P 500 is trading a little over 7% lower than it was in March. Yet the US economy isn’t looking at all like it did at the beginning of the year. The US has lost 20 million […]
The Fed’s Sobering Outlook Divides US Markets — Interest Rates
It was a decision that everyone expected. Jerome Powell and his Federal Reserve compatriots held US interest rates steady at 0.25%. A level that they will likely stay at for quite some time. After all, despite Wall Street’s optimism, the US has a long road to recovery ahead. Fixing their economy is going to take […]
Gold Price Steadies, Dollar Weakening Ahead of Fed Meeting
At time of writing, the gold price in AUD terms is holding its ground at $2,460 after pushing beyond support at $2,475. You can see the recent selling is registering in a downtrend for its 20- and 50-day moving averages below: Source: tradingview.com We take a quick look at what’s happening with the US dollar […]
Quantitative Easing (QE) — It’s the Central Bankers’ Market Now
See, all around the world, economies are taking a beating. Central bankers have swooped in to save the day. Deploying quantitative easing strategies that are simply staggering. If you’re unaware, quantitative…
