Category: Finance

Bank of Japan has reached the practical limit of its government buying programme in terms of its current purchase programme of ¥80tn relative to estimated annual JGB net new issuance of ¥34tn. In this respect, the Japanese central bank has from a potentially monetisation standpoint always defended the integrity of its JGB purchase programme by stressing that it only buys JGBs in the secondary market, […]

no matter which kind of analysis you automate with quant trading, it’s safe to say the old school funds no longer cut it. Machines are outpacing humans day after day, week after week and month after month. After all, how many humans can analyse 50 factors and use quantitative models to exploit economic fundamentals dispersion across multiple countries? fundamental analysis is simple to implement. However, it’s […]

Gold climbed to a two-year high as investors sought a haven from the tumult in financial markets,

The RBA Board decided to leave the cash rate unchanged at 1.75 per cent, as widely expected by market participants. The RBA noted: “Taking account of the available information, the Board judged that holding monetary policy steady would be prudent at this meeting. Over the period ahead, further information should allow the Board to refine its assessment of the outlook for growth and inflation and […]

looks like the trend for gold is up and RMB is down. Seems to me too that Gold and USD are going up. The tracking for gold is changing from USD to RMB.  

Financial markets do not handle uncertainty well. With the world already facing anemic growth and low levels of investment, any adequate damage-control plan must include prompt resolution of the new rules of the game for Britain and its relationship with the EU. Any delay will cause further frustration and increase the odds of retaliatory policies from EU members. The last thing anyone needs is a […]

Draghi in full panic-monger mode… (via Bloomberg) *DRAGHI SAID TO SEE BREXIT VOTE CUTTING EURO GDP AS MUCH AS 0.5% *DRAGHI SAID TO SEE GDP GROWTH REDUCTION FOR NEXT THREE YEARS *DRAGHI CONCERNED BREXIT WILL LEAD TO COMPETTIVE DEVALUATIONS *DRAGHI SAYS IT’S TIME TO ADDRESS BANK VULNERABILITIES *DRAGHI SAYS `WE CANNOT AFFORD NOT TO’ FIX BANK VULNERABILITIES *DRAGHI SAYS BREXIT RECESSION WOULD AFFECT FX MARKETS […]