EUR/USD 1.17247
0.132%
Gold 4412.22
1.676%
Oil 56.981
0.828%
USD/JPY 157.440
-0.155%
GBP/USD 1.34111
0.282%
GBP/JPY 211.154
0.129%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
December 22nd - According to sources within the supply chain, in response to the most dramatic price surge in the global memory chip market in nearly five years, an executive from a leading global PC manufacturer recently made intensive visits to major global memory chip manufacturers, including Samsung Electronics, SK Hynix, and Micron, and has reached preliminary supply guarantee agreements with these suppliers. The source did not disclose which leading PC manufacturer this was, but industry analysts believe that Lenovo or HP are currently the two companies most likely to possess this negotiating power. Lenovos PC business held a 25.5% global market share in the latest quarter, while HPs was 19.8%.Hong Kong Stock Exchange: As of December 19, 106 newly listed companies raised HK$274.6 billion through initial public offerings (IPOs).The UK FTSE 100 index opened down 40.31 points, or 0.41%, at 9857.11 on Monday, December 22; the French CAC 40 index opened down 12.31 points, or 0.15%, at 8139.07; the Euro Stoxx 50 index opened down 2.45 points, or 0.04%, at 5757.90; the Spanish... The IBEX 35 index opened down 39.27 points, or 0.23%, at 17,130.53 on Monday, December 22; the Italian FTSE MIB index opened up 12.95 points, or 0.03%, at 44,770.50 on Monday, December 22; and the German DAX 30 index opened down 3.12 points, or 0.01%, at 24,292.83 on Monday, December 22.On December 22nd, Baowu Magnesium Industry stated during a targeted survey that since the release of the new national standard, upstream and downstream companies in the electric vehicle industry chain have quickly taken action to actively initiate the replacement of plastic parts with magnesium alloys. It is expected that during the 15th Five-Year Plan period, the use of magnesium in electric two-wheelers will continue to increase rapidly. Currently, many electric bicycle companies have begun to actively adopt magnesium alloy materials. Industry leaders such as Aima, Yadea, and Niu have already used magnesium alloys to manufacture wheel hubs, frames, and other components in some models. Judging from the companys orders, the use of magnesium alloys in two-wheeled electric vehicles is increasing rapidly, a trend driven by the new national standard policy, lightweighting requirements, and technological advancements. With increased penetration and expanded application components, even greater growth is expected in the coming years, indicating a broad market prospect.AstraZeneca: Enhertu receives Breakthrough Therapy Designation for the treatment of early breast cancer following neoadjuvant therapy.

The Devil Is In The Details: Gold Analysis - Federal Reserve Minutes

Larissa Barlow

Apr 07, 2022 10:33

Analyses of Federal Reserve Minutes 

While both the FOMC statement and Chairman Powell's press conference provide market participants with information about the FOMC's updated and revised monetary policy, it is the release of the minutes that provides investors with significantly greater clarity and understanding. The devil, as they say, is in the details.

 

The Federal Reserve issued the official minutes from its March FOMC meeting today, providing insight into the central bank's current plans to begin unwinding its balance sheet assets. Beginning in March 2020, the Federal Reserve will add around $4.6 trillion to its balance sheet by purchasing $120 billion monthly in mortgage-backed securities ($40 billion) and US Treasury securities ($80 billion), bringing their total to just over $9 trillion.

 

According to Federal Reserve Governor Lael Brainard, the Fed intends to employ a mix of interest rate rises and a quick run-off of the balance sheet to bring US monetary policy closer to neutral later this year.

 

However, the minutes released today imply that the Federal Reserve will unwind around $3 trillion over the next three years, reducing its $9 trillion balance sheet to $6 trillion. While the Fed appears to be indicating a quick runoff of its balance sheet, the reality is that the Federal Reserve's balance sheet will be nearly $2 trillion larger than it was prior to the epidemic.

 

"Participants continued their discussion on plans to reduce the size of the Federal Reserve's balance sheet in a manner consistent with the methodology outlined in the Committee's Principles for Reducing the Size of the Federal Reserve's Balance Sheet, announced following its January meeting."

 

Additionally, the minutes stated, "While no decision was made regarding the Committee's plan to reduce the Federal Reserve's balance sheet at this meeting, participants agreed that significant progress had been made on the plan and that the Committee was well positioned to begin the process of reducing the balance sheet's size as soon as after the conclusion of its upcoming May meeting."


截屏2022-04-07 上午9.59.45.png

Suggestion