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Jackson Hole Looms
The annual Kansas City Fed Economic Policy Symposium opens tonight in Jackson Hole, Wyoming and runs through until Saturday. With so many of the world’s central bank chiefs and other policymakers in attendance there’s always a lot of event risk around this gathering. The Kansas City Fed, as is usual in this case, doesn’t publish[…]
Federal Reserve Minutes Preview
Today’s release (at 1900h UK time) of the minutes of the Federal Reserve’s August 1 meeting might not be expected to cause too much turbulence in the currency markets but there a couple of things that traders might wish to keep an eye out for, especially given that markets continue to price in the likelihood[…]
NZD: Kiwi’s Prospects May Be Less Than Orr-Inspiring
The IMF might have had qualms about the idea but New Zealand’s parliament has now passed into law legislation that bans many non-resident foreigners from buying existing homes in the country. In truth house prices in New Zealand have been coming off their peak for some time with the Reserve Bank of New Zealand (RBNZ)[…]