BREAKING
See the original post: Fed’s Fisher: I’m not the only one ready to wind down buying of mortgage bonds – DJ
Fed’s Fisher: I’m not the only one ready to wind down buying of mortgage bonds – DJ
May 19th, 2013 
admin
Bank of Canada Review – Spring 2013
May 19th, 2013 admin The Great Recession that followed the financial and economic crisis of
2007–09 provoked an unprecedented policy response from central banks,
including lowering policy rates to close to zero and employing unconventional monetary policy measures.1
Given the weak recovery in the major
advanced …
View post: Bank of Canada Review – Spring 2013
Natural-gas supply up 99 billion cubic feet: EIA
May 19th, 2013 admin Losses in natural-gas futures worsened on Thursday after the U.S. Energy Information Administration reported a rise of 99 billion cubic feet in U.S. inventories for the week ended May 10. Analysts polled by Platts forecasted a climb of between 93 billion cubic feet and 97 billion cubic feet. Total…
The rest is here: Natural-gas supply up 99 billion cubic feet: EIA
European industry commissioner Tajani says euro is too strong
May 19th, 2013 admin European industry commissioner Tajani says euro is too strong, ECB should manage the currency to help exports
See more here: European industry commissioner Tajani says euro is too strong
ECB’s Liikanen: bail-ins should be the rule, bail-outs the exception
May 19th, 2013 admin ECB’s Liikanen says bail-ins should be the rule, bail-outs the exception
Read more: ECB’s Liikanen: bail-ins should be the rule, bail-outs the exception
Raskin: Prospects for a Stronger Recovery
May 19th, 2013 admin Thank you. I am very pleased to be here among an audience of professional economists, which is certainly preferable to appearing before an audience of unprofessional economists. I like your kind! Your talents are needed now more than ever as we try to put the tools of the economic profession to work…
More: Raskin: Prospects for a Stronger Recovery
Data Quirks May Ease Fed’s Mind on Inflation
May 19th, 2013 admin Even though inflation measures have fallen sharply in recent months, Federal Reserve officials aren’t ringing alarm bells about it as they have done in the past.
Fed officials have said they take comfort that the public’s expectation of future inflation, as registered in surveys of households and…
Excerpt from: Data Quirks May Ease Fed’s Mind on Inflation
Williams: The Economic Outlook and Monetary Policy: Moving in the Right Direction
May 19th, 2013 admin Thank you. It’s great to be in Portland. If I can find time, I like nothing better than to savor a cup of the excellent coffee Portland is famous for and then head over to Powell’s to dig through the stacks.
Today I’m going to talk about how the economy is doing and where I see it heading. I’l…
Continue reading here: Williams: The Economic Outlook and Monetary Policy: Moving in the Right Direction
Fed’s Williams Open to Tapering Bond Purchases
May 19th, 2013 admin The leader of the Federal Reserve Bank of San Francisco is open to cutting the central bank’s bond-buying program at some point over the next few months, provided the economy continues to grow.
“It’s clear that the labor market has improved since September,” San Francisco Fed President John Willi…
Original post: Fed’s Williams Open to Tapering Bond Purchases
New Zealand Producers Price Index
May 19th, 2013 admin For the producers price index (PPI) in the March 2013 quarter, compared with the December 2012 quarter:
The output PPI (prices received by producers) rose 0.8 percent.
The input PPI (prices paid by producers) rose 0.8 percent.
Electricity and gas supply prices rose 12.5 percent.
Da…
Continue reading here: New Zealand Producers Price Index
Fresh selling hitting NZD and AUD
May 19th, 2013 admin US names selling helping continue the trend lower in these two
Follow this link: Fresh selling hitting NZD and AUD
China LEI rebounded in April
May 19th, 2013 admin The Conference Board Leading Economic Index®
(LEI) for China increased
1.5 percent in April. The Index stands at 260.8 (2004 = 100), following a 0.6 percent decline in March
and a 1.3 percent increase in February. Four of the six components contributed positively to the index in
April.
Says …
Excerpt from: China LEI rebounded in April
Australian dollar still getting sold
May 19th, 2013 admin The bids at 0.9750 will be concerned about the pace of the fall but are holding for now.
US names, Japanese names the sellers. Also out of Hong Kong (even though its a holiday there today).
-
NZD still getting hit with it.
The rest is here: Australian dollar still getting sold
Dollar Starting to Lose Ground with EUR/USD, USD/JPY
May 19th, 2013 admin Through Monday’s close, the Dow Jones FXCM Dollar Index (ticker = USDollar) managed to close a third consecutive day in the green. That is the longest series of gains from the benchmark in five weeks – and a worthy move in a break through a key level like 10,600.
Go here to read the rest: Dollar Starting to Lose Ground with EUR/USD, USD/JPY
Euro May Fall on ZEW Survey, Aussie Looks to Budget for Cues
May 19th, 2013 admin The Euro may fall if German ZEW survey data disappoints. The Australian Dollar looks to the details of the government’s 2013-14 budget for direction.
Originally posted here: Euro May Fall on ZEW Survey, Aussie Looks to Budget for Cues
