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Home / Tag Archives: #politics (page 5)

Tag Archives: #politics

MACRO VIEW COLUMNS: Traders Focus on Fed Dots, But Do They Matter Now?

(Bloomberg) — It’s become fashionable to downplay the balance sheet adjustment set to be announced at Wednesday’s FOMC meeting and instead focus on the economic projections –particularly the infamous “dot plot” of Fed funds rate forecasts. After all, the small reduction to portfolio reinvestment has been well-flagged for what seems …

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THE EUROPE FX/RATES DAYBOOK: FX/RATES DAYBOOK EUROPE: USD Gains vs Yen; BOE’s Carney Speaks

(Bloomberg) — The dollar advanced toward the strongest in seven weeks against the yen after U.S. Secretary of State Rex Tillerson said his country is seeking a peaceful resolution to end the nuclear standoff with North Korea. TODAY Euro-area August inflation Bank of England Governor Mark Carney speaks at IMF …

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THE ASIA FX/RATES DAYBOOK: FX/RATES DAYBOOK ASIA: Abe Weighs Snap Election, USD Pared Drop

(Bloomberg) — Japanese Prime Minister Shinzo Abe is weighing holding a snap general election as early as next month, local media reported. In the U.K., officials on Sunday lowered the terrorism threat level to severe from critical. WHAT TO WATCH Singapore non-oil domestic imports China property prices FRIDAY TRADING SESSIONS …

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MACRO VIEW COLUMNS: Despite Rising Inflation, Fed Dot Plot Needs to Fall

(Bloomberg) — August’s better-than-expected U.S. inflation reading might have Fed-policy hawks flapping their wings. But there are still reasons why the Fed should lower its dot plot next week, eroding the dollar. U.S. headline inflation in August rose to 1.9 percent year-over- year, against the expected 1.8%. Even core CPI …

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THE EUROPE FX/RATES DAYBOOK: FX/RATES DAYBOOK EUROPE: Yen Erases Most Missile-Driven Gains

(Bloomberg) — The yen erased almost all its early gains spurred by North Korea’s missile launch over Japan as traders refocus on the stronger-than-expected U.S. inflation data. TODAY ECB’s Nouy, Lautenschlaeger speak U.S. retail sales data UN Security Council to hold closed-door meeting 3pm ET Friday on North Korea/non-proliferation OVERNIGHT …

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FX/RATES DAYBOOK ASIA: USD Falls as Pound Surges; Curve Flattens

(Bloomberg) — Stronger-than-expected inflation data combined with renewed North Korea tensions whipsawed the dollar and Treasuries. A post-BOE surge by the pound and Nikkei’s report that North Korea is showing signs of preparing a missile launch helped break the dollar’s three-day winning streak. Long-end Treasuries outperformed in a flight-to-quality bid. …

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