Share: Interest rate expectations are likely to continue driving the Gold price, strategists at Commerzbank report. US economic data should be a key driver of the Gold price The US economy grew by 2.4% on an annualised basis in the second quarter, and thus more sharply than expected. This means there is still
Share: Data released on Friday showed that Canadian GDP posted a 0.3% monthly increase in May, in line with forecasts. Analysts at CIBC pointed out that the economy had its ups and downs during the second quarter, but despite the monthly volatility, it appears that growth cooled a little more than the Bank
The Fed is out with a report with some suggestions for banks in raising liquidity. Banks should ensure they are familiar with the pledging process for different collateral types and be aware that pre-pledging collateral can be useful if liquidity needs to arise quickly Banks should consider small value discount window transactions at regular intervals
Share: The Bank of Japan (BoJ) pledged flexibility to YCC stance. Economists at TD Securities analyze JPY outlook. The BoJ opted for a YCC tweak The BoJ opted for a YCC tweak with hawkish undertones in the statement as the Bank now highlights upward movements in medium to long-term inflation expectations and greater
Share: The most important aspect of today’s ECB policy meeting is any guidance on what happens next. Economists at Rabobank analyze EUR outlook. Risks for EUR/GBP seen as being well balanced It is our house view that ECB rates could reach their peak today, though we acknowledge that the risk of one more