Market Overview

Talking Points: Commodity Dollars Soar After China Issues 100bps RRR Cut for Top Banks Japanese Yen Gains Amid Risk Aversion, Euro Declines on Greece Jitters US Dollar Looks to Dudley Comments to...

Investors prayers were answered yesterday when the PBOC cut the reserve requirement ratio by another 1% point. A standard and a typical response by the central bank to weak Chinese GDP reading which...

Greece: the end of the road?It looks like the end of the Greek drama is rapidly approaching. Reuters quoted Greek finance officials as saying that the country will need to tap all the remaining cash...

Here’s Paul Krugman on a recent IMF report which says that government deficits don’t necessarily “crowd out” private investment: The false belief is that government deficits...

In a fiat currency system, perception is, by definition, everything. Paper money has no intrinsic value. So the people saving it and accepting it in exchange aren’t expressing faith in the money...

Market BriefIt has been all but calm Friday in London and New York. Equities in Europe were heavily sold-off as investors were rushing into German bonds, tending to shed equities and riskier sovereign...

Peoples Bank of China (PBoC) on Sunday announced that the reserve requirement ratio (RRR) for commercial banks will be cut by 100bp effective from 20 April. For large commercial banks the RRR will now...

Market movers today With very little news on the agenda today, Greece is likely to remain in focus. New York Fed President Dudley will speak on the economy and monetary policy this afternoon and...

PBOC Easing China is now firmly in stimulus mode when PBOC announced on Sunday to cut the reserve-requirement ratio by 1% to 18.5% effective April 20. This is the second reduction this year and the...

Former Federal Reserve Chairman Ben S. Bernanke has come out of the closet with a publicity campaign aimed at defending his policy and, by proxy, the entire central banking complex diaspora. No doubt...

At the end of last October the Bank of Japan announced a large stimulus increase which was followed by a sharp decline in the yen. In 2015 however the declines have stopped as USD/JPY remains...

With USD in correction mode after dominating the FX market with its bullish trend, the number of trade opportunities on the 4 hour and 5 minute power play has been limited.The macro outlook for the...

By the time the talk between Maria Bartiromo and Larry Fink got underway, nearly half an hour before the opening bell April 17th in New York, the financial news was dominated (not for the first time...

Hank Paulson thrives on spanning divides, perhaps because his own two overriding passions may seem, at least at first glance, to be at odds with one another. As CEO of Goldman Sachs and, later,...