The gyrations can partly be attributed to mixed economic data, but there's also another major factor driving both stock and bond markets today: we're still in a world where market swings, both positive and negative, are being disproportionately
driven by central banks.
The correlations of China and India with the U.S. were much lower, largely because their bond performances were mainly
driven by their central banks and domestic fundamentals.
As I write in my new weekly commentary, «Central Banks Still Hold the Keys,» we're still in a world where market swings, both positive and negative, are being disproportionately
driven by central banks.
The rally that we have had over the past one - and - a-half years has been mainly
driven by central banks and now the punch bowl is about to be taken away.
As I write in my new weekly commentary, «Central Banks Still Hold the Keys,» we're still in a world where market swings, both positive and negative, are being disproportionately
driven by central banks.
The 10 - year treasury yield flirted with the 3 % — levels rarely seen in the last five years —
driven by central bank tightening and inflation risks.
Driven by the central bank's governor, Zhou Xiaochuan, the gradual move towards market - driven interest and exchange rates and capital flows liberalization is already under way and there is a clear roadmap.
It connotes that whatever the central bank policy might be, it will drive a market outcome; whatever the market outcome, it was
driven by a central bank policy.
Not exact matches
The euro fell to its lowest level against the dollar in nine years Monday,
driven by fears of political turmoil in Greece and hopes for more monetary stimulus from the European
Central Bank.
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.
Considering the
Central Bank classification that involve only loans, has increased 0.4 % in the quarter,
driven mostly
by 1.3 % growth in individuals on that classification.
Goldberg says bold moves
by the European
Central Bank have mitigated the threat of a cascade of major bank failures, but an anemic Eurozone economy would be bad news for American export - driven compan
Bank have mitigated the threat of a cascade of major
bank failures, but an anemic Eurozone economy would be bad news for American export - driven compan
bank failures, but an anemic Eurozone economy would be bad news for American export -
driven companies.
In the short - term, market interest rates can be
driven by a number of factors including economic data,
central bank announcements, financial conditions (including stock and currency markets) and overall sentiment.
The fact that Federal Reserve policy statements are pored over
by investors was
driven home once again when the removal of two words from the prior statement set off an intense debate over the
central bank's view of risks to the economy.
Driven by a debt binge
by the E&P space, which was enabled
by the
central bank policy, the U.S. oil industry was able to achieve record oil production.
Non-U.S. currencies too have benefited, with comments
by European
Central Bank (ECB) leaders including Mario Draghi
driving up the Euro, which is now trading at its 2015 level.
However, the bubbles are all related in that they all stem from the returns on conservative investments having been
driven to near zero
by the actions of
central banks.
I understand bond prices are
driven by the long end of the rate curve more importantly than the short end which the
Central bank influences through the overnight
bank rate.
Greater saving has been
driven by increases in inequality and in the share of income going to the wealthy, increases in uncertainty about the length of retirement and the availability of benefits, reductions in the ability to borrow (especially against housing), and a greater accumulation of assets
by foreign
central banks and sovereign wealth funds.
As M&A takes off, it's playing a role in
driving foreign exchange rates right alongside economic and monetary policy set
by central banks.
Growth in most of the eurozone has remained tepid and reliant on continued
central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven po
central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven polic
bank stimulus, though the European
Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven po
Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven polic
Bank's (ECB's) bond - purchasing program has been hampered
by a scarcity of eligible bonds, as issuance from member governments is restricted
by their austerity -
driven policies.
If Greece slides towards exit, even if the impact is adequately contained
by the European
Central Bank's (ECB's) monetary and liquidity tools, we could see the scope and pace of the
drive for deeper integration accelerate.
Phase 4: Stagflation phase: GDP growth slows but inflation remains high (side note: most bear markets are preceded
by a 100 % + increase in the price of oil which
drives inflation up and causes
central banks to tighten).
Bond yields have been
driven lower not just
by the Federal Reserve's (Fed's) quantitative easing (QE), but more recently
by the behavior of other
central banks.
In expanding on his initial Tweet, Gross on January 10 described a 10 - 30 basis point rise for the year — hardly a market apocalypse —
driven by rising inflation, reduced global
central bank Treasury purchases, and higher US budget deficits.2 But even such a modest move could mean it ain't over for those persistent downside penetrations of support that have lately become routine in T - note futures.
The incremental buying
by central banks competed for the available supply with natural demand from those seeking income producing assets,
driving up bond prices and down yields.
The bond rally and forex drop in value have been
driven by fears of deflation and speculation that the European
Central Bank will need to continue, if not increase, the purchasing of debt to stimulate the region's economy.
The price of gold will rise to a record of $ 1,450 a troy ounce in the next year,
driven by a loss of faith in
central banks» ability to prop up the global economy.
Gains in the Carry strategy were
driven by a long position in the New Zealand dollar which appreciated as commodity export prices recovered, and a short position in the Swedish krona which depreciated on account of a dovish policy stance
by the
central bank, despite a stream of positive economic data.
He added that the recent surge is ascribable to the wealth of liquity provided
by Central Banks which in turn has
driven investors to alternative sources in search of higher yields.
The price surge in 2017, the
central bank said, is
driven by market speculation that could eventually see a high risk «of a sharp reduction in prices».
Whilst trading volumes in bitcoin futures at CBOE and CME remain fairly low, as both platforms still see it as an experiment,
central bank officials warn of high risks of losing actual money
by trading bitcoin due to the unpredictability of the digital currencies, and lack of clarity regarding mechanisms
driving the market.
Recent quantitative easing measures announced
by the European
Central Bank are expected to
drive spreads towards historical averages.