Investors picked up the
hawkish hint from the minutes of the US Federal Open Market Committee (FOMC)'s April meeting.
A veteran stock market dealer said investors were bracing for another interest rate hike by the US Fed, which hinted of such
hawkish move coming by June or July.
Summary: TEHRAN (FNA)- Advisor to the Iranian Parliament Speaker Hossein Amir Abdollahian, in a post on his Twitter page, lashed out at the US foreign policy, saying US President Donald Trump, State Secretary Mike Pompeo and National Security Advisor John Bolton will all lose in their current
hawkish game.
Term deposits fetch record yields !-- -- Lawrence Agcaoili (The Philippine Star) - December 13, 2018 - 12:00am MANILA, Philippines Yields of term deposits rose across the board to hit a record high level anew ahead of the last rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) for the year wherein authorities are expected to take a "
hawkish pause." The seven-day tenor climbed by 9.
Most market analysts however expect a no-change monetary policy stance on December 13 (today) since with November's lower inflation rate of six percent from September-October's 6.7 percent peak, the Bangko Sentral ng Pilipinas (BSP) has leeway to "enact a
hawkish pause," according to ING Bank senior economist, Nicholas Mapa.
Despite softening global oil prices, the Bangko Sentral ng Pilipinas (BSP) may remain
hawkish through 2019 to curb inflation expectations and stabilize the local currency, an economist from Dutch financial giant ING said.
Summary: Only a
hawkish tone could spur buying on dollar, which fell 3% over the past month
The
hawkish tone adopted by the Iranian regime is shocking and even suggestive of the narrative the Rouhani government wants to build and cash on.
'The effect of the aggressive BSP policy rate hike of the previous week has worn off, but the continued
hawkish stance moderated any weakness,' Cuyegkeng said in a recent analysis of the local economy.
The BI made clear in both the policy statement and press briefing that followed last week's unchanged decision that this was a '
hawkish hold'.
The central bank brought forward rate-hike expectations last week by releasing unexpectedly
hawkish minutes of its last meeting.
In the backdrop, Congress was able to agree to a budget in early February, and members of the Federal Open Market Committee (the "FOMC") sounded somewhat more
hawkish.
McMaster has created an earth-shaking outcome worldwide, especially as the US government was already heading in a
hawkish direction with the appointment of Mike Pompeo as Tillerson's replacement.
By tapping the
hawkish John Bolton as his national security adviser, Trump seems to clarify his intention of not repeating mistakes as far as the North's denuclearization is concerned.
Iran played down the potential impact on its landmark 2015 nuclear deal with worldpowers of the appointment of the
hawkish Mike Pompeo as the new US secretary of state, saying the change was an internal US matter.
