Tagged: BOJ

The Day Today 17 Oct 2014

* Fed Bullard takes his message to the FT in an interview: “I do think that this global situation is serious…Europe is threatening to go into a triple dip recession and maybe even reignite the European sovereign debt crisis.” He said a pause in purchases would be a “low cost move that we could make,…

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The Day Today 10 Oct 2014

Expect more of these articles now that we’re worried about German growth: AEP in Telegraph: Eurozone on cusp of triple-dip recession as German exports crumble [that refers to a forecast of exports by the 5 Wise Men, rather than historic where impact of weaker Euro yet to be seen – see chart] * German FinMin…

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The Day Today 9 Oct 2014

* Fed Minutes Show Wariness Over Global Growth: Hilsenrath  * Eurodollars options being liquidated as market rows back on Fed hike expectations * US budget deficit fell by a third this fiscal year, according to the CBO, due to higher federal revenues * Australia jobs data ended up showing a loss in September, that’s -30k…

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The Day Today 8 Oct 2014

* IMF cuts global growth forecast from 3.4 to 3.3% and warns the Eurozone could slip into a third recession * But the UK is a shining light, with growth forecast revised up to 3.2%. Given Cable was at 1.5000 in April last year when their chief economist Olivier Blanchard warned George Osborne he was…

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The Day Today 7 Oct 2014

* Fed’s George: “starting this process [of raising rates] sooner rather than later is important” otherwise you may have to do more later On the weak yen: * Abe: it’s hurting small companies and households * FinMin Amari: Govt trying to minimise damage of it on companies * Kuroda: “not a minus” for economy *…

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