Page 14 - Quantitative Easing News Today

The Federal Reserve (Fed) Bank of Richmond President Thomas Barkin said on Friday that disinflation is likely to continue, but speed of that remains unclear.

The United States (US) Bureau of Labor Statistics (BLS) will publish the high-impact Nonfarm Payrolls (NFP) data on Friday at 12:30 GMT.

The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Thursday and looks to build on the previous day's modest bounce from the vicinity of a multi-decade low.

The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for February showed on Thursday that UK companies expect their selling prices and wage inflation to cool down over the next year.

The Pound Sterling (GBP) aims to extend its recovery above the one-week high of 1.2660 in Thursday’s London session.

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Wednesday, albeit it lacks follow-through and remains confined in a familiar range held over the past two weeks or so.

The Pound Sterling (GBP) finds support near a six-week low around 1.2540 in Tuesday’s late London session after the S&P Global/CIPS reported an upbeat Manufacturing PMI for March.

‘The time to buy is when everyone hates the market and it’s cheap, which is now the case in Chinese equities,’ especially as there are signs that the country’s economic leaders are preparing stimulus measures, the hedge fund billionaire said in his LinkedIn blog.

Canadian Dollar keeps losing ground as US data beats expectations.

The Japanese Yen (JPY) kicks off the new week on a softer note against its American counterpart, albeit lacking follow-through and remains confined in a familiar range held over the past two weeks or so.