Darin Friedrichs of INTL FCStone discusses the African swine fever situation in China, which he says has been "spreading quite a bit" into other countries. He says the entirety of Southeast Asia will likely have a supply problem with pork and protein in the next few years.
Joseph Incalcaterra of HSBC Global Research discusses the state of Southeast Asian economies. He says inflation remains quite subdued in the region.
Frances Cheung of Westpac says Malaysia's central bank could make dovish remarks to pave the way for more easing down the road.
Mike Ryan of UBS Global Wealth Management says the Fed is poised to easing, but the timing and magnitude of the rate cuts are still unclear.
Martin Schulz of Fujitsu Research Institute says the Bank of Japan is not likely to do much for now because the domestic Japanese market is stabilizing and the service economy is doing "comparatively well."
Mansoor Mohi-uddin of NatWest Markets says, given the low inflation numbers, it may be time for the Fed to cut rate in July.
BOGOTA, June 21- Colombia's central bank held its benchmark interest rate steady at 4.25% at its meeting on Friday, in a bid to boost the economy amid what it said would be temporary inflation increases. The following is a Reuters translation of the statement accompanying the bank's decision:. The outlook for global growth continues to moderate and in the United...
WASHINGTON/ SAN FRANCISCO, June 21- U.S. "The economy's baseline outlook is good-- sustained growth, a strong labor market and inflation near our objective, Fed vice chairman Richard Clarida said on Friday in an interview with Bloomberg Television. He also said the Fed was ready to act "as appropriate," a phrase emphasized by Chairman Jerome Powell earlier this month...
WASHINGTON/ SAN FRANCISCO, June 21- U.S. "The economy's baseline outlook is good-- sustained growth, a strong labor market and inflation near our objective, Fed vice chairman Richard Clarida said on Friday in an interview with Bloomberg Television. He also said the Fed was ready to act "as appropriate," a phrase emphasized by Chairman Jerome Powell earlier this month...
WASHINGTON, June 21- Federal Reserve Vice Chairman Richard Clarida said the Fed expects the U.S. economic expansion to continue but is prepared to reduce interest rates if trade and other uncertainties put that outlook at risk. "The economy's baseline outlook is good-- sustained growth, a strong labor market and inflation near our objective," Clarida said in an...
James Sullivan of J.P. Morgan says the bank is overweight on the Japanese market largely because of investor positioning and good value.
LONDON, June 20- The Bank of England cut its growth forecast for Britain's economy to zero in the second quarter of 2019 and highlighted risks from global trade tensions and growing fears of a no-deal Brexit. However, the BoE noted on Thursday a darkening global outlook that has already prompted the European Central Bank, U.S. Federal Reserve and Bank of Japan to...
*Analysts see 100 yen vs dollar as BOJ's pressure point. TOKYO, June 20- The Bank of Japan kept monetary policy steady on Thursday but Governor Haruhiko Kuroda signalled readiness to ramp up stimulus as global risks cloud the economic outlook, joining U.S. and European central banks in dropping hints of additional easing. The BOJ joined central banks across the...
Diane Swonk of Grant Thornton says low inflation in the U.S. is "not" transitory. She also explains why she says the dot plot "adds more confusion than clarity."
TOKYO, June 20- The Bank of Japan kept monetary policy steady on Thursday, preferring to save its dwindling ammunition as a darkening global growth outlook prompts other major central banks to drop hints of additional stimulus. "Downside risks regarding overseas economies are big, so we must carefully watch how they affect Japan's corporate and household...
By Leika Kihara and Daniel Leussink. TOKYO, June 20- The Bank of Japan kept monetary policy steady on Thursday, preferring to save its dwindling ammunition as a darkening global growth outlook prompts other major central banks to drop hints of additional stimulus. "Downside risks regarding overseas economies are big, so we must carefully watch how they affect...
TOKYO, June 20- The Bank of Japan kept monetary policy steady on Thursday, preferring to save its dwindling ammunition, as a darkening global growth outlook prompts other major central banks to drop hints of additional stimulus. "Downside risks regarding overseas economies are big, so we must carefully watch how they affect Japan's corporate and household...