Category: Regulators

Policy Daily Review for April 8, 2019 Euro Price Chart Forecast: Will ECB, Draghi Reignite Downtrend? While the Euro has traded marginally higher against the US Dollar and British Pound since last Tuesday, recent EUR gains could be jeopardized by the ECB and bearish technical signals.   Euro Outlook Bearish, EURUSD May Fall on ECB. Brexit Deadline Near The Euro outlook is bearish as EUR/USD might fall on the ECB and Mario Draghi press conference. Brexit is a wildcard after US-China trade talks offered little upside momentum for EUR.  …

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Policy Daily Review for April 5, 2019 Central Bank Weekly: How Much Further Can Fed, ECB, BOJ Ease? To the US Dollar’s benefit, rates markets are no longer pricing in a 25-bps rate cut for this September.   James Cleverly has been appointed as the new UK junior Brexit minister James Cleverly has been appointed as the new UK junior Brexit minister. About James: He a British Conservative politician. Cleverly was serving as the   Here’s how Elon Musk’s tussle with federal regulators went down in court The billionaire showed…

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Policy Daily Review for April 4, 2019 Top 5 Events: March ECB Meeting Minutes & EURJPY Price Outlook At the March meeting, the Governing Council announced its intention to start a third TLRO program.   The $140 billion rally: Facebook soars to 7-month high as regulators prepare to clip its wings Facebook’s share price soared to a seven-month high of $174.22 on Tuesday.   Currency Volatility: EURUSD Price Could Gyrate Ahead of ECB, Fed EURUSD could see an uptick in price action over the next week with ECB and Fed…

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Policy Daily Review for April 3, 2019 IMF’s Lagarde: IMF does not expect near-term recession The International Monetary Fund’s (IMF) Managing Director, Christine Lagarde, recently crossed the wires saying although 70% of the global economy was   Senate investigating whistleblowers’ claims that government safety inspectors who approved Boeing’s 737 Max plane lacked sufficient training The Senate committee said in a letter to the FAA that multiple whistleblowers have come forward following Boeing’s two deadly crashes. Read it here.   Justice Department reportedly warns Academy against blocking Netflix at the Oscars…

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Policy Daily Review for April 2, 2019 Investors Shrug As Government Sues Facebook For Housing Discrimination HUD charged Facebook with housing discrimination on March 28. Investors don’t seem to care. Here’s why.   Canadian Finance minister speaking in New York Minister of Finance, Bill Morneau, is speaking about the 2019 Budget and the Government’s plan to invest in the middle class at an event hosted by the   Top 5 Events: March ECB Meeting Minutes & EURJPY Price Outlook At the March meeting, the Governing Council announced its intention to…

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Policy Daily Review for April 1, 2019 Eurozone: Inflation and ECB meeting minutes – Danske Bank Next week, the calendar shows among the most relevant events, inflation data and the European Central Bank minutes. Analysts from Danske Bank expect M   Fed’s Kaplan: Not committed to Fed’s next policy move, await incoming economic data Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires with key quotes, via Reuters, found below. U.S. inflation,   U.K. Parliament again rejects Prime Minister Theresa May’s Brexit withdrawal agreement The British…

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Policy Daily Review for March 29, 2019 How To Get The Government Out Of The Student Loan Business A new suggestion which involves colleges making loans directly to their students, comes from Robert E. Wright, professor of global economy at Sioux Falls-based Augustana University.   Brexit: UK government source says Friday’s vote is not MV3 – Reuters Citing a UK government source, Reuters reported that the Friday’s vote in the House of Commons was not the Meaningful Vote 3. “The vote to approve the   China has ample room to…

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Policy Daily Review for March 28, 2019 U.K. Prime Minister Theresa May to step down if her Brexit deal gets through Parliament: reports British Prime Minister Theresa May told backbenchers of her Conservative Party that she would step down if her Brexit deal is endorsed by Parliament,…   SARB likely to keep its policy rate on hold – TDS In line with the unanimous consensus, analysts at TD Securities are expecting the SARB to keep its policy rate on hold at 6.75% today in South Africa.   ECB’s Praet: Need…

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Policy Daily Review for March 27, 2019 Here’s How Much Money The Government Is Making Off China Tariffs More money may be coming via trade war tariffs. And it’s not just from China.   J.C. Penney shares gain after department store operator recruits Vitamin Shoppe CFO Shares of J.C. Penney Co. rose in Tuesday’s extended session after the department store operator said it has appointed Bill Wafford as its chief financial…   ECB’s Villeroy: Not worried about rising France private debt levels The European Central Bank (ECB) Governing Council member…

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Policy Daily Review for March 26, 2019 Boeing’s 737 Max crisis could have a bigger effect on the US economy than the government shutdown If Boeing is forced to stop producing the plane that’s crashed twice, it could knock a huge chunk of the US’ economic output, JPMorgan is warning.   GBP/USD: Buyers remain in power as UK parliament votes against government over Brexit The British Pound (GBP) seesaws around 1.3200 marks versus the US Dollar (USD) during early Tuesday. The GBP/USD pair is taking the bids as the UK…

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