Sentences with phrase «central bank intervention in»

«Unprecedented central bank intervention in the marketplace has driven valuations to irrational levels,» Peden says.

Central bank intervention in the currency market — particularly if it is coordinated among different nations — can sometimes lead to a reversal of trend.

Central bank intervention in global bond markets has «crowded out» many traditional fixed income investors, driving them to seek yield and income from non-traditional and riskier asset classes such as high yield, emerging markets debt, leveraged loans and private credit.

As Giancarlo notes, we're in the middle of «an extraordinary period of governmental and central bank intervention in the U.S. economy that is widely distorting the nature and functioning of global capital markets.»

The decade since the global financial crisis has seen widespread central bank intervention in markets to keep interest rates low.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

Not exact matches

Comments: «In addition to forecasting positive earnings growth this year (which we did not in 2012), we are also using a slightly higher multiple to reflect the positive impact of heavy central bank intervention on the equity risk premium.&raquIn addition to forecasting positive earnings growth this year (which we did not in 2012), we are also using a slightly higher multiple to reflect the positive impact of heavy central bank intervention on the equity risk premium.&raquin 2012), we are also using a slightly higher multiple to reflect the positive impact of heavy central bank intervention on the equity risk premium.»

The Turkish deputy prime minister denies that the country is in a currency crisis despite several interventions by the central bank.

The Turkish deputy prime minister denies that the country is in a currency crisis despite several interventions by the central bank to prop up the Lira.

China's central bank likely spent about $ 90 billion worth of reserves in currency interventions in January, leading to net capital outflows of about $ 113 billion from China during the month, the Institute for International Finance said on Tuesday.

Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new governments come in and promise to deliver spending cuts, tax increases and balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were running from just a few months ago.

«The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market to avoid [the] herd mentality resulting in irrational movements of the rate,» Ma was quoted as saying by the official Xinhua news agency.

The intervention was carried out by the foreign exchange trading desk at the New York Fed, operating in coordination with the European Central Bank (ECB) and the monetary authorities of Japan, Canada, and the United Kingdom.

The central bank added the most funds to the financial system in open - market operations since February on Tuesday as currency - market intervention to prop up the yuan strained the supply of cash.

The massive Central Bank intervention has largely removed the ability of the stock market to perceive fundamental problems developing in the financial and economic system.

Notice that central banks have typically initiated QE interventions only when the market had somewhere in the area of 18 % or more of ground to make up.

The following social democratic successor, George Papandreou, was then accused of claiming the deficit was higher than it really was in order to prompt the intervention of the troika, the tripartite body composed of the European Commission, European Central Bank, and International Monetary Fund.

The impact of central bank intervention has already weakened progressively in recent years, because it relies on the ability of fools to constantly raise the ante.

Stewart Dougherty is back with scathing commentary about the big mining companies — Barrick, Newmont, Goldcorp, etc — and their unwillingness to fight the obvious intervention in the gold and silver markets by western Central Banks and Governments.

«Repeated intervention to maintain the currency's stability is at odds with the «more flexible exchange rate mechanism» the central bank announced just three weeks ago,» wrote Chen Long of Gavekal Dragonomics in a research note on Wednesday.

Gold swaps are trades of gold between central banks, enabling one central bank to intervene in the gold market at the behest of another, keeping the other's fingerprints off the intervention.

Instead, synthetic gold, sourced in pyramids of credit extended to bullion bankers by central banks with little or no claim on physical substance, have provided a more efficient, better - camouflaged form of intervention.

China's domestic stock markets doubled in value in the space of less than a year only to fall by 30 % during three weeks in late June through early July, before rising sharply again after central bank intervention.

The Fed is not the only central bank engaging in such extraordinary market intervention.

Indeed, the Chinese central bank had to launch an intervention of its own to combat the rise in price of money; Bloomberg reported that the People's Bank of China injected $ 8.2 billion into that nation's financial system to combat an abrupt increase in interest rabank had to launch an intervention of its own to combat the rise in price of money; Bloomberg reported that the People's Bank of China injected $ 8.2 billion into that nation's financial system to combat an abrupt increase in interest raBank of China injected $ 8.2 billion into that nation's financial system to combat an abrupt increase in interest rates.

Your secretary / treasurer was interviewed for about five minutes this morning by Bernie Lo and Akiko Fujita on CNBC Asia's «Squawk Box» program in Hong Kong, discussing the surreptitious daily interventions in the gold market by central banks and the Bank for International Settlements to suppress the monetary metal's price.

«The central bank has withdrawn from the normal mode of intervention,» Yi Gang, the deputy governor of the bank and the head of the unit that runs China's foreign exchange system, said in Beijing.

The quote above embodies two of the concepts I've been discussing for quite some time in the weekly Short Seller's Journals: Central Bank intervention will ultimately fail in spectacular fashion; the Too Big To Fail Banks (TBTFs) currently have more leverage and OTC derivatives — the latter well hidden off - balance - sheet — than just before the 2008 financial crisis / de facto collapse.

Working in the other direction, the investment of the US dollar proceeds of foreign exchange intervention by Asian central banks was supportive of the US Treasury market, as was the very wide spread between 10 - year Treasury yields and the Fed funds rate, particularly in light of the Fed's reaffirmation of its intention to maintain an accommodative monetary policy stance (Table 5, Graph 12).

All told, these data points seem to support what the market is already anticipating: the central bank's intervention will be gradual, and there should be a total of three or four rate rises in 2018.

Investors have been extremely wary in the days before Bernanke has been due to speak since he suggested that the US central bank could begin tapering its $ 85 billion a month monetary stimulus on May 22nd, if the US economy looks like it can maintain growth without their intervention.

The truth is that the «bull market» in U.S. stocks is nothing more than bull market in money printing, credit creation, an unprecedented level of Central Bank intervention and extreme fraud.

This seizure, as might have been suggested to readers of these dispatches over the years, combined with surreptitious intervention by central banks in the gold market to suppress the price of the monetary metal, has distorted or destroyed all markets.

Whereas Austrian economists believe that government interventions cause the periods of economic boom and bust known as business cycles, Keynesian economists believe that recessions and depressions are unavoidable and that an activist central bank can mitigate fluctuations in the business cycle.

Conclusion Intervention by governments and central banks in the workings of a free market has been one of history's great economic debates, and will certainly continue as such.

The Chinese central bank's heavy - handed intervention in the currency markets earlier this year has triggered a decline in trading of the renminbi and a reversal in the rise of the Rmb in international payments.

The foreign exchange regime was liberalized in June 2016, but FX restrictions remain in place and the market continues to be characterized by significant distortions that have contributed to a 50 percent parallel market premium which was halved following recent increases in central bank interventions and the removal of prioritized allocation of foreign exchange.

During the intervention, the participating central banks suck in US Dollars, and pump out their local currencies.

In late 1986, the US Dollar hit new lows, amid massive intervention by central banks.

Present market conditions now match 6 other instances in history: August 1929 (followed by the 85 % market decline of the Great Depression), November 1972 (followed by a market plunge in excess of 50 %), August 1987 (followed by a market crash in excess of 30 %), March 2000 (followed by a market plunge in excess of 50 %), May 2007 (followed by a market plunge in excess of 50 %), and January 2011 (followed by a market decline limited to just under 20 % as a result of central bank intervention).

Typical causes include the carry trade (i.e. speculation), changes in a country's current account and central bank intervention.

In this book, Kathy Lien — Director of Currency Research for one of the most popular Forex providers in the world — describes everything from time - tested technical and fundamental strategies you can use to compete with bank traders to a host of more fundamentally - oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank interventioIn this book, Kathy Lien — Director of Currency Research for one of the most popular Forex providers in the world — describes everything from time - tested technical and fundamental strategies you can use to compete with bank traders to a host of more fundamentally - oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank interventioin the world — describes everything from time - tested technical and fundamental strategies you can use to compete with bank traders to a host of more fundamentally - oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank intervention.

Currency exchange rates can be affected unpredictably by intervention, or failure to intervene, by U.S. or foreign governments or central banks or by currency controls or political developments in the U.S. or abroad.

(I will argue the decline that began in 2015 would have likely been substantially larger had it not been for global coordinated Central Bank interventions.)

The answer could be that while central bank interventions increased the monetary base, or M0 money supply, those dollars were held in reserve by the banking system.

We expect a slight fall in German Bund yields (perhaps by 10 basis points) to be accompanied by a rise in yields on peripheral euro area bonds before possible intervention by the European Central Bank steadies the fixed - income market.