Daily Management Review
Economics

Bank of Japan is struggling to get rid of cash

Cash war is gaining momentum, and of course Japanese experimentalists are pushing limits of possibilities. Having dived into the negative interest rates, Japanese politicians fully recognized that accumulation of cash cannot create inflation of 2%, and would not change "deflationary mindset". Cash...

Market Bets On Clinton’s Win, While Dollar Hits A Steady Ground

Market waged on the win of Hillary Clinton, in the race of the U.S. presidential election. On Tuesday, the 8th of November 2016, dollar reached a steady ground in Asia, whereby retaining the gains from “previous session”, while the market leaned towards waging the “victory for Hillary Clinton” in...

UBS Strategist Say European Earnings May Be At Inflection Point

According to the Head of European Equity Strategy at UBS, there is hope Europe’s companies hit an inflection point during this year's third quarter after almost six years of no earnings growth for the region.   Nick Nelson says the recovery seen in revenue growth is key to driving...

Next year U.K Households Should Expect Sharp Rise in Inflation, Warns Bank of England

As the weak pound ramps up the costs of imports and squeezes family finances, the Bank of England has warned U.K. households to expect a sharp rise in inflation next year.   Noting a higher rise than in its last set of forecasts three months ago, the Bank said inflation would rise from 1.3%...

As Saibor Tumbles the Most Since 2009, Saudi Bank Squeeze Eases

There are signs of easing of the worst cash squeeze at Saudi Arabian banks ever since the financial crisis.   In a sign that government measures to alleviate a liquidity shortage are working, there was a significant drop which is by far the most in more than seven years in a key...

Venezuelans Start Weighing Piles of Cash Instead of Counting Them

While replacing with a stack of bolivar notes handed over by his customer for slices of salty white cheese, Humberto Gonzalez weighs the bills instead of counting them. Gonzalez owns a a delicatessen counter in eastern Caracas and he weighs the Bolivian currency because it is so devalued and each...

Inflation Misses Forecasts in Euro Zone as it sees Moderate Uptick in Growth

Allying fears that were expressed by analysts and market watchers months back, data from the European statistical office shows that the euro zone has continued growing at a moderate pace in the third quarter of this year.   Compared to the figure in the second quarter of this year, there was...

EU's Malmstrom says EU, U.S. Trade Deal Not Dead Yet

EU Trade Commissioner Cecilia Malmstrom said that negotiations will continue with the new U.S. administration after November's elections and the much-debated trade deal between the European Union and the United States is not dead.   After resistance from Belgian local governments led to a...

Deadlock Over EU-Canada Trade Pact Broken by Belgium

After internal divisions in just one country threatened to block the European Union of 500 million people sealing the landmark deal, Belgium’s regions agreed to a free trade pact with Canada ending weeks of uncertainty.   The regions and linguistic communities had drafted a four-page...

‘So Far No Sign Of Financial Stability Risks’

Third quarter report of European Bank show positive results for some. Reports on Reuter show that in an environment set by “low interest rate”, the bank of Europe began to report the results of “third quarter”, whereby Laura Frykberg informed that “Lloyds Banking Group” came as a surprise to many,...
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