Sentences with phrase «move by the central bank»

SHANGHAI (Reuters)- China's stock markets closed sharply lower on Monday after a frantically volatile day of trading, despite surprise monetary easing moves by the central bank at the weekend.

The Finance Minister Ken Ofori - Atta has said he supports any move by the Central bank to go after the directors...

In January 2017, the issue of mobile money interoperability came to the fore when telecom operators kicked against moves by the central bank to impose a third - party company to implement the interoperability at a cost of GHc4.6 billion.

In January 2017, the issue of mobile money interoperability came to the fore when telecom operators kicked against moves by the central bank to impose a third - party company to implement the interoperability at the cost of GHc4.6 billion.

The move by the central bank is likely to come as a shock to many in the domestic cryptocurrency space.

Not exact matches

The yield on the U.S. 10 - year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in bond markets caused by central banks moving away from financial crisis policies.

Federal Reserve Bank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech by saying the central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet sBank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech by saying the central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet sbank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet soon.

By late - morning in London, the dollar was 3.7 % higher against it at 63.12, although the move was exaggerated by the fact that neither the Russian central bank nor big Russian corporates, which have been instructed to provide dollar liquidity to the local market were in the market due to the Orthodox Christmas holidaBy late - morning in London, the dollar was 3.7 % higher against it at 63.12, although the move was exaggerated by the fact that neither the Russian central bank nor big Russian corporates, which have been instructed to provide dollar liquidity to the local market were in the market due to the Orthodox Christmas holidaby the fact that neither the Russian central bank nor big Russian corporates, which have been instructed to provide dollar liquidity to the local market were in the market due to the Orthodox Christmas holiday.

Gold fell on Thursday as the European Central Bank's reaffirmation of its ultra-easy policy stance pushed the euro lower against the dollar, although moves were muted before a news conference by ECB chief Mario Draghi.

The RBI move is in line with the government's stance that cryptocurrencies are not legal tender and is also in sync with greater regulatory scrutiny by central banks of several other countries including the US, Japan, China and South Korea.

Hoffman also commented on the recent surprise move by the Chinese central bank to devalue its currency, the yuan.

The idea is that deposit flight from Greek banks means that Greek citizens move their money abroad, where it is safe from Grexit, while Greek banks become more and more funded by the other eurozone central banks, leaving those banks to be the losers if Greece leaves the euro.

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 companBank have mitigated the threat of a cascade of major bank failures, but an anemic Eurozone economy would be bad news for American export - driven companbank failures, but an anemic Eurozone economy would be bad news for American export - driven companies.

The euro, which had already been near its lowest level in 11 years on expectations of action by the central bank, weakened further against the dollar, falling about 1 percent to around $ 1.14, a move that could help European exporters.

Nor is it uncommon for the central bank to move at rate decisions that aren't accompanied by its so - called Monetary Policy Reports (MPR).

U.S. financial markets were little moved by Thursday's data, with attention focused on details of a ceasefire agreement between Russia and Ukraine and a surprise interest rate cut and bond purchasing program announced by Sweden's central bank.

The decision by the U.S. Federal Reserve to move away from its quantitative easing policy — in which the central bank creates billions of dollars to buy financial assets each month — comes amid signs the American economy is beginning to heat up, which would boost demand for Canadian imports.

By forward guidance I mean more than simple boilerplate language a central bank might use to indicate the expected direction of the next interest rate move.

Opposing moves by the world's major central banks resulted in sharp exchange rate movements.

For one thing, central banks have become more likely to tap the brakes by raising interest rates and moving away from ultra-loose monetary policies.

Stocks rose sharply in the United States and Europe on news the referendum plan had been scrapped, as well as a surprise move by the European Central Bank to cut interest rates.

Most economists are tipping the central bank will stay on hold until at least August, while financial markets are pricing in an only 8 per cent chance of a rate cut tomorrow, moving up to a more than 100 per cent chance of more easing by the end of the year.

Given that the S&P has rallied since early 2009, experienced only a minor correction in 2011, is currently at a cyclic peak, clearly over-bought on a monthly and weekly basis, and has been artificially sustained by central bank easy money, is it likely that the next MAJOR move is up or down?

With this more durable economic recovery has come a simultaneous move by certain central banks to begin to tighten monetary policy.

In terms, I think of inflation and bond markets, it took six, seven, eight, maybe 10 years of high inflation in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening of monetary policy because people got fed up with inflation and I don't think that we are kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always running ahead, life is becoming more expensive, so we need the central bank radically to change their policy.

In Europe, the European Central Bank reduced its official interest rate in June by 50 basis points to 2 per cent; the Bank of England also lowered its policy rate in July by 25 basis points to 3 1/2 per cent; and official interest rates in Sweden declined by 75 basis points to 2 3/4 per cent in moves of 50 and 25 basis points in June and July.

But the number was still below the 50 - level that signifies expansion and suggested that the Chinese central bank may loosen credit - a move typically welcomed by markets.

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.

TD initially lowered its rate to 2.75 per cent from 2.85 per cent following the July 2015 central bank decision, but later cut it to 2.7 per cent to match the moves by the other big Canadian banks.

Bond markets move up and down far more frequently than the prime rate (which follows the overnight rate, set by central banks); quite often bond market rates move on a daily basis.

A decision by China's central bank to rein in reserve funds held by payment firms could cost the industry upwards of $ 689 million a year, spur consolidation and alter the way Asia's biggest tech firms move money.

According to a report in The Wall Street Journal, Federal Reserve Bank of Philadelphia head Patrick Harker said he could see a move by the Fed to raise short term rates when the central bank meets next month on March 14 andBank of Philadelphia head Patrick Harker said he could see a move by the Fed to raise short term rates when the central bank meets next month on March 14 andbank meets next month on March 14 and 15.

China's Move to Curb Excessive Credit Pressures Equity Markets Equity markets are trading weaker overnight following a surprise move by Chinaâ $ ™ s central bank to curb excessive credit demaMove to Curb Excessive Credit Pressures Equity Markets Equity markets are trading weaker overnight following a surprise move by Chinaâ $ ™ s central bank to curb excessive credit demamove by Chinaâ $ ™ s central bank to curb excessive credit demands.

The indices weakened in premarket trading following a surprise move by Chinaâ $ ™ s central bank to curb excessive credit demands.

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.

This move ushered in by the country's central bank is primarily targeted at clipping the wings of the widely growing cryptocurreny market which is posing considerable threat to China's economic controls and tight currency.

The Aqoba move was hailed by many as a massive step forward in banking and regulatory integration, especially since Bitcoin Central employees had had extensive discussions with regulators while they were working out the details of their agreement.

While responding to concerns which were raised about the recent drop in the prices of bitcoin, central bank Yang Chin - long said the bank responded to the drop by first reminding investors of the risks and then move to initiate and implement BTC AML regulation.

All told, the move comes amid a rocky period for local exchanges that began with the wider scrutiny of major bitcoin exchanges by the People's Bank of China (PBOC), the country's central bBank of China (PBOC), the country's central bankbank.

The Nigerian Deposit Insurance Corporation (NDIC) has moved to warn retail investors that the authority will not afford any insurance cover to those dealing with cryptocurrencies, or indeed any digital currencies not issued by the country's central bank.