EUR/USD 1.18637
0.356%
Gold 4996.00
0.863%
Oil 63.543
0.382%
USD/JPY 156.614
-0.306%
GBP/USD 1.36078
-0.076%
GBP/JPY 213.121
-0.382%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Israels Ministry of Finance: Israels budget surplus in January was 16.9 billion shekels.Chart: Overview of European market conditions on Monday, February 9, 2026February 9th - Russian crude oil production declined for the second consecutive month in January due to difficulties in selling its crude oil due to US sanctions. According to sources, Russia averaged 9.28 million barrels per day of crude oil production last month, excluding condensate production. This figure is 46,000 barrels per day lower than the already declining level in December, and nearly 300,000 barrels per day lower than the production allowed under Russias OPEC+ agreement. Amid the decline in Russian crude oil production, the amount of Russian oil stored on tankers continues to grow, indicating that some cargoes are taking longer to find buyers amid increasing US pressure on Russia. Earlier this month, US President Trump stated that he had lifted the additional 25% tariffs imposed on India in exchange for New Delhi ceasing its oil purchases from Russia. As of early February, the amount of Russian crude oil stockpiled at sea had reached 143 million barrels, almost double that of a year ago and more than a quarter higher than in late November.On February 9th, the Securities Association of China recently issued a notice within the industry regarding typical problems discovered during a joint on-site inspection of securities firms ethical conduct and investment banking fees in 2025. This on-site inspection aimed to implement the spirit of the Central Financial Work Conference and related regulatory requirements, urging securities institutions to fulfill their political responsibility for comprehensively and strictly governing the Party and to perform their "gatekeeper" duties as intermediaries. The inspection results indicate that while the industry is developing rapidly, some fundamental and systemic issues regarding ethical conduct and investment banking fees still require attention.On February 9th, Zhejiang Jike Intelligent Technology Co., Ltd., entrusted by Zhejiang Geely Automobile Co., Ltd., filed a recall plan with the State Administration for Market Regulation in accordance with the "Regulations on the Recall of Defective Automobile Products" and the "Implementation Measures for the Regulations on the Recall of Defective Automobile Products." The recall number is S2026M0023V: Starting March 6, 2026, a total of 38,277 Jike 001WE version vehicles manufactured between July 8, 2021 and March 18, 2024 will be recalled. Due to manufacturing inconsistencies in the high-voltage power battery components, prolonged use in some vehicles within this recall scope may cause an abnormal increase in the internal resistance of the power battery, potentially leading to a decline in the performance of some power batteries. In extreme cases, this could result in thermal runaway of the power battery, posing a safety hazard.

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