| Eurozone inflation hits 20-month high (at Financial Times) Eurozone inflation has risen to a 20-month high while unemployment in the 16-country region has stabilised at 10 per cent of the workforce, but the European Central Bank is still expected at next week s interest rate setting meeting to sit firmly on its hands. us.rd.yahoo.com |
EMERGING MARKETS-Colombia, Chile peso dip on intervention talk (at Reuters) * Chilean peso hits five-month high after rate hike * Colombian peso hurt by intervention talk * Rise in early August U.S. consumer confidence supports us.rd.yahoo.com |
Thomson Reuters to launch yuan forex matching [Reuters] - Thomson Reuters Corp said on Friday it will launch yuan trading on its foreign exchange matching platform from next week following the recent relaxation of Chinese currency rules. finance.yahoo.com |
Central Bank Watch: Forex Markets Watch Fed, Bank of Japan, ECB’s Next Moves Announcements from the US Federal Reserve, European Central Bank, and Bank of Japan have led to substantial volatility across forex markets. Rhetoric from the US Fed has been particularly market-moving, as the US Dollar fell sharply on suggestions that the Fed would renew efforts at Quantitative Easing. finance.yahoo.com |
Fed must spend up to stop markets going into tailspin Central bankers would like to be able to get back to business as usual where they change the price of money rather than its quantity. That day seems a long way off on both sides of the Atlantic.The data this month that changed... nzherald.co.nz |