Global Market Insights: Key Events and Economic Analysis Part 1
This week's major events include Powell's cautious outlook on rate cuts, TSMC's gains amid Samsung's strike, and Putin's diplomatic efforts. In China, the PBOC prepares bond interventions, while Korea's Hahn & Co. raises $3.4 billion. Deflationary pressures persist in China. US and European legal and regulatory changes impact market sentiment. Key data releases are NFIB Small Business Optimism, Core CPI, PPI, and Michigan Consumer Sentiment for the USA.
What is The Federal Reserve? How the Fed Controls USD Value
In a world where economies ebb and flow like tides, a powerful institution holds the keys to the kingdom of money. Nestled in the heart of the United States, the Federal Reserve looms as a force to be reckoned with, shaping the very fabric of the global financial landscape. But what exactly is the Federal Reserve, and how does it exert its influence over the value of the almighty U.S. dollar and the broader global economy? Let’s explore it in great depth!
Fed Chair Powell says more action may be needed to fend off lasting economic damage - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
Fed Chair Powell says more action may be needed to fend of economic ruin - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
6 Fed officials comment on economic rebound, unemployment, stimulus - Business Insider
Several officials agreed that the Fed's relief efforts — while necessary — pose economic risks if they go unchecked and aren't appropriately reversed.
PPP loans more common in states with existing bank relationships: Fed - Business Insider
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approvals than less-affected states, the economists wrote.
Gold price to hit record $3,000 on central bank stimulus, BofA says - Business Insider
Monetary authorities are spending trillions of dollars to keep economies stable, creating a perfect situation for gold to rally, the analysts said.
Stocks, oil, bitcoin surge after Fed boosts coronavirus stimulus - Business Insider
"The Fed is now providing backstops for pretty much everything."
US unemployment could surge to 30% in Q2, GDP plunges 50%, Fed boss warns - Business Insider
"It is a huge shock and we are trying to cope with it and keep it under control," St. Louis Fed chief James Bullard told Bloomberg.
Investment suggestions for inflationary periods from Chris Brightman - Business Insider
Chris Brightman, chief investment officer at Research Affiliates, says this "huge disinflationary environment" isn't perpetual. Here's how to prepare.
Next recession, market crash: Peter Schiff unloads on Fed behavior
Peter Schiff, president and CEO of Euro Pacific Capital, thinks time is wearing thin for the US economy.
Daniel Lacalle explains why stock, bond market divergence is dangerous
Daniel Lacalle, chief economist at Tressis, says it's a bad idea for investors to put so much faith into central banks.
Dow Jones, DAX 30, FTSE 100 Forecasts for the Week Ahead
As trade wars and monetary policy look to maintain their position at the helm, markets will be offered insight on another major theme that could rattle fragile sentiment.
How to invest in stocks after Fed rate cut: Bank of America's strategy
Equity strategists found that the same stock-market factors that outperformed when the Fed last cut rates are working just weeks after the July cut.
What the Federal Reserve interest rate cut means for your wallet
After the Federal Reserve's interest rate cut, banks announced reductions in their prime lending rate which affects credit cards, auto loans and more.
Fed rate cut: Wall Street experts are worried about future path
The Fed cut interest rates Wednesday for the first time in a decade. But stocks fell sharply following the announcement.
The pound is in free fall — and the Bank of England just warned it could be hammered even harder by Brexit
The pound has shed 2.6% under Boris Johnson, its second-biggest drop in a prime minister's first week since 1976.
5 things that get cheaper when the Fed cuts interest rates
Borrowers may see interest rates down on credit cards, variable rate student loans, auto loans, small business loans, and home equity lines of credit.
When the Fed cuts interest rates, it affects everything from your savings account to your auto loans
When the Fed cuts interest rates, it's to encourage spending and growth, and it affects everything from savings accounts to mortgages to loans.
Fed to hold Facebook's crypto coin to 'high' bar: Powell
The US Federal Reserve will hold Facebook cryptocurrency to high standards for protecting consumers and regulation