Fed Watch: While China’s Growth is Away The Fed Doves Will Play

Wednesday’s Fed minutes, from the July 29th FOMC meeting took markets by surprise, not only because the embargoed time was broken with the early release, but also because of the dovish stance taken by FOMC committee members. The release arrived contrary to the hawkish Fed rhetoric that has been prevalent in the market place for … Read moreFed Watch: While China’s Growth is Away The Fed Doves Will Play

Forex Watch: China Currency Devaluation Recap and Implications

This week China has taken steps to devalue their currency in hopes of encouraging export driven growth. What was supposed to be a “one-off” policy action, quickly turned into a triple header, with a firm stop on Friday. Markets have carefully weighed the consequences of the radical policy move amidst the finalization of the Greek … Read moreForex Watch: China Currency Devaluation Recap and Implications

Fed Watch: The Reign of The Fed’s Hawk Camp Strengthens as Jobs Are on Track

Markets dialed up the odds of Sep rate hike in the US. The spotlight, this week, was on the Non-Farm Payrolls release, while the results did not seal the deal for a definite rate lift off at the Sep Fed meeting they did illustrate that a solid pace in employment growth is intact. The economic … Read moreFed Watch: The Reign of The Fed’s Hawk Camp Strengthens as Jobs Are on Track