Interest Rates
CANADA FX DEBT-C$ hangs in with strong U.S. dollar as oil prices rise
Tue, 28 Mar 2017 21:28 GMT
TORONTO, March 28- The Canadian dollar hung in with a broadly stronger U.S. dollar on Tuesday, helped by rising prices for oil, a major Canadian export, as the Bank of Canada stuck to its cautious tone. Canada's economy has a lot more room to grow, with higher unemployment and more excess capacity than the United States, and if interest rates were raised today Canada...
FOREX-Dollar up as Brexit fears contrast with solid U.S. data, Fed speakers
Tue, 28 Mar 2017 20:27 GMT
NEW YORK, March 28- The dollar rose on Tuesday, bouncing from 4- month lows, as a top Federal Reserve official reinforced expectations of more U.S. rate hikes to come while political uncertainties surrounding Britain's exit from the EU pressured European currencies. Fed Vice Chairman Stanley Fischer said two more increases of U.S. overnight interest rates this...
UPDATE 1-Bank of England's McCafferty leans against early rate hike
Tue, 28 Mar 2017 17:30 GMT
LONDON, March 28- Bank of England interest rate-setter Ian McCafferty highlighted a weak outlook for the economy on Tuesday and said he did not know if he would vote to increase borrowing costs at the next meeting of the BoE's policymakers in May. Britain's economy has performed much more strongly than the BoE expected since last June's vote to leave the...
U.S. House committee approves bill to increase scrutiny of Fed
Tue, 28 Mar 2017 17:04 GMT
"We should not in any way hinder their independence," said Representative Carolyn Maloney, a New York Democrat, echoing the sentiment of Fed policymakers who say they could come under political pressure to avoid making unpopular decisions such as raising interest rates to slow growth and control inflation. Republican President Donald Trump expressed...
UPDATE 3-Low interest rates needed to help Canada grow - Bank of Canada's Poloz
Tue, 28 Mar 2017 16:11 GMT
OSHAWA, Ontario, March 28- Canada's economy has a lot more room to grow, with higher unemployment and more excess capacity than the United States, and if interest rates were raised today Canada would tip into recession, Bank of Canada Governor Stephen Poloz said on Tuesday. In response to a question U.S. rate hikes, Poloz said the two countries share a similar growth...
UPDATE 2-Canada has more room to grow than U.S. - Bank of Canada's Poloz
Tue, 28 Mar 2017 15:25 GMT
OSHAWA, Ontario, March 28- Canada's economy has a lot more room to grow, with higher unemployment and more excess capacity than the United States, and if interest rates were raised today Canada would tip into recession, Bank of Canada Governor Stephen Poloz said on Tuesday. The Bank of Canada lowered rates twice in 2015 and policymakers have said they don't expect...
U.S. home prices on a tear
Tue, 28 Mar 2017 14:39 GMT
Home prices in the U.S. grew to 5.9% year-over-year in January.
German two-year yields strike two-month high ahead of auction
Tue, 28 Mar 2017 07:50 GMT
LONDON, March 28- Short-dated German bond yields touched two-month highs on Tuesday as the country prepared to sell two-year debt at auction. Analysts said the higher yields should help demand especially with tensions easing over the possibility of near-term interest rate hikes from the European Central Bank. But the central bank's chief economist and a key...
Why the Fed is going back to 'normal'
Tue, 28 Mar 2017 05:09 GMT
Peterson Institute for International Economics President Adam Posen says that "anything Mr Trump does only increases the likelihood that you get more rate hikes."
Equities reached high valuations due to QE and low rates: Goldman
Tue, 28 Mar 2017 05:09 GMT
Peter Oppenheimer, chief global equities strategist at Goldman Sachs, speaks about his view on equity valuation.
Feed Fetched by RSS Dog.