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Don’t count on the Bank of Japan!

Survey Anticipates Bank of Japan to Adjust Monetary Policy This Year

  The latest survey released by Bloomberg this week shows that compared with a month ago, the economists currently expecting the Bank of Japan to adjust its monetary policy this year have sharply halved, and no one expects the Bank of Japan to take action this Friday.

  Of the 47 economists surveyed by Bloomberg, only seven said they expected monetary policy adjustments this year, down from 14 in the March survey. Most economists believe that at least until April 2019 monetary policy will change.

  At last week’s G20 meeting, Bank of Japan Governor Haruhiko Kuroda said that the central bank will continue to maintain accommodative monetary policy given that the Bank of Japan is still far from achieving its price target.

  The Bank of Japan’s Monetary Policy Committee now expects the inflation rate to approach 2% around the fiscal year that began in April 2019. Kuroda also unexpectedly stated on March 2 that the Bank of Japan may consider the details of any exit stimulus policies after that.

  It is worth noting that the two-day policy meeting concluded this Friday would be the first meeting of two new vice presidents of the Bank of Japan, including Wakabe Masumi. Before being nominated to the committee, he repeatedly called for more easing. However, according to Wadabe Masumi’s answer at the congressional confirmation hearing, many economists surveyed expected that his vote this week would be consistent with other members.

  ”I expect the Deputy Governor Tanie Chang to agree with the current policy direction,” said Shihiaka Yuji, chief economist at Mitsubishi UFJ Morgan Stanley. “However, he may ask the Bank of Japan to retain as much as 80 trillion yen in government bond purchases as much as possible, and to correct the current shortage of purchases.”

  Shimanaka refers to the difference between the size of the Bank of Japan’s assets to be purchased each year and the actual purchase size. The Bank of Japan’s stated goal is to increase its holdings of government bonds by $ 742 billion annually, but in the fiscal year ending in March, its balance sheet has only increased by around 50 trillion yen.

Volatility Falls to Multi-Week lows as Stock-Rally Continues

CBOE VIX Volatility Index falls sharply on Thursday.

The CBOE VIX (NYSEARCA:VXX) declined sharply on Thursday, as stocks staged another relief rally on signs of prevailing calm in the geopolitical arena.

 

The Chicago Board Options Exchange (CBOE) Volatility Index declined 8.7% to close at 18.49, its lowest level of the month. The so-called “fear index” traded between 18.16 and 19.92.

 

 

In equities, the S&P 500 Index (NYSEARCA:SPY) gained 0.8% on Thursday.

Major VIX ETFs:

iPath S&P 500 VIX Short Term Futures ETN: (NYSEARCA:VXX) Designed to offer exposure to the S&P 500 VIX Short Term Futures Index Total Return. The Index uses CBOE Volatility Index futures by way of a long position in the first and second-month VIX Futures contracts. VXX declined 4.1%

 

ProShares Short VIX Short-Term Futures (SVXY) to track the inverse daily performance of the S&P 500 VIX Short-Term Futures Index. SVXY advanced 2.1%

 

ProShares UltraShort Term VIX Futures: (NYSEARCA:UVXY) UVXY is designed to deliver 2X (leveraged) returns of the day’s moves in the S&P 500 VIX Short-Term Futures Index. It tacks the two front months of the futures contract. UVXY declined 6.2%. 

 

VelocityShares Daily 2x VIX Short-Term Futures ETN (NYSEARCA:TVIX) TVIX is a leveraged VIX ETN designed to deliver 2X the returns of the daily S&P 500 Short-Term Futures Index. TVIX declined 6.5%.

 

The Final Word: Volatility is back to trading below the historic average, a sign that the bulls are once again controlling the tempo. However, underlying disks tied to geopolitics and free trade continue to threaten the outlook.

: Volatility Ebbs Lower After Early-Week Spike

CBOE VIX Volatility Index falls as stocks gain.

The CBOE VIX (NYSEARCA:VXX) weakened on Tuesday, as calm returned to the equity markets after a volatile start to the week.

 

The Chicago Board Options Exchange (CBOE) Volatility Index fell 4.3% to close at 18.20. The so-called “fear index” hovered between 18.09 and 19.31 during the session.

 

 

In equities, the large-cap S&P 500 Index (NYSEARCA:SPY) rose 0.2% on Tuesday.

Major VIX ETFs:

iPath S&P 500 VIX Short-Term Futures ETN: (NYSEARCA:VXX) Designed to offer exposure to the S&P 500 VIX Short-Term Futures Index Total Return. The Index uses CBOE Volatility Index futures by way of a long position in the first and second-month VIX Futures contracts. VXX declined 2.3%.

 

ProShares Short VIX Short-Term Futures (SVXY) to track the inverse daily performance of the S&P 500 VIX Short-Term Futures Index. SVXY advanced 1.4%.

 

ProShares UltraShort Term VIX Futures: (NYSEARCA:UVXY) UVXY is designed to deliver 2X (leveraged) returns of the day’s moves in the S&P 500 VIX Short-Term Futures Index. It tacks the two front months of the futures contract. UVXY declined 3.2%. 

 

VelocityShares Daily 2x VIX Short-Term Futures ETN (NYSEARCA:TVIX) TVIX is a leveraged VIX ETN designed to deliver 2X the returns of the daily S&P 500 Short-Term Futures Index. TVIX declined 4.1%.

 

The Final Word: The VIX is back to trading near its historic average, possibly signaling continued instability for stocks. 

The only way to make money with volatility ETFs

Two Ways to Profit from Too Much Fear
In both cases, you are capitalizing off of excess volatility by immediately adding a couple of percentages points of gain to your holdings that is icing on the cake.

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How to Trade Volatility and Make Money with Limited Risk
The only way to make money with volatility ETFs is to bet against them using options. By using options, you can be an anti-fragile and convex investor, which is the most successful type of investor.

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Should The Federal Reserve raise interest rates or Will it be harmful to economic recovery?

Should The Federal Reserve raise interest rates or Will it be harmful to economic recovery?

2018 interest rate hike
The Fed seems to be tightening its monetary policy recently: it began to gradually reduce the size of its $ 4.5 trillion balance sheet in October last year. At the same time, the market expects the United States to advance plans to raise interest rates gradually. From March 20 to March 21, the Fed will hold the next monetary policy meeting. The latest statement from the top decision makers shows that the number of interest rate hikes this year may reach four times – more than the three interest rate increases predicted in December.
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The euro continued to rise against the dollar regain

The euro continued to rise against the dollar regain the political risk of the week or around the euro

  Friday (March 2) The euro continued today the substantial increases against the dollar since the previous session, starting from a multi-week low, continued to rise above the 1.230 mark. Market demand for the euro is still increasing, promoting the exchange rate rose, the exchange rate hit an intraday high of 1.233, almost regain the decline this week. As of now, the euro against the dollar trading price of 1.2317, or 0.40%.

Concerns over the global trade war triggered a sustained propensity to sell the dollar after U.S. President Trump announced a high tariff on imported steel and aluminum, which seen as one of the key factors pushing the euro higher against the U.S. dollar.Download APP Read more in this article
  Concerns over the global trade war triggered a sustained propensity to sell the dollar after U.S. President Trump announced a high tariff on imported steel and aluminum, which seen as one of the key factors pushing the euro higher against the U.S. dollar.

  Meanwhile, the global stock market sell-off further supported the position of the euro as a financing currency, boosting the EURUSD continuation of the previous day’s trading momentum. Yesterday, the euro rebounded sharply against the dollar at a low of 1.2155 and hit a hundred points.

  The euro against the dollar the current exchange rate remained at 1.2320 near the transaction, the first recovery from this week’s decline. It may now be time to retest the 1.2540 resistance above the downturn in the U.S. economy. Although the US consumer sentiment index reached 99.7 in February, surpassing the previous forecast of 99.5, the euro as a whole still maintained its upward trend.

  In the meantime, the upcoming ECB meeting will be the next major risk event for the euro. Next Thursday (March 8) the European Central Bank will announce the March interest rate decision, most likely to delete QE flexibility related terms, but only slightly support the euro, as the European monetary policy tone will be partial to the overall pigeon.

  If expected to be realized, the move by the European Central Bank will be analogous to the situation in early June last year, when the ECB deleted the wording of interest rate flexibility and the euro did not respond immediately. However, at the end of June, the market started to price the ECB normalization Monetary Policy.

  Also, Italy will hold a national election this Sunday, the political risk may drag on the European Central Bank’s interest rate decision, and the German Social Democrats and the German Chancellor Merkel led the CDU to establish a ruling coalition will also vote on the same day.

Concerns over the global trade war triggered a sustained propensity to sell the dollar after U.S. President Trump announced a high tariff on imported steel and aluminum, which seen as one of the key factors pushing the euro higher against the U.S. dollar.
technical analysis
  The euro is currently under pressure at 1.2332 against the dollar, if stabilized below the level above, then the short-term resistance to see the 1.2390-1.24 range, and finally the previous test high of 1.2550 near the test.

  On the other hand, if the exchange rate fell again, the recent support at 1.220-1.2195 below the range, once again broken under the concern 1.215 can efficiently support.

Israeli PM Netanyahu Says Bitcoin Is Rising As Banks

Israeli PM Netanyahu Says Bitcoin Is Rising As Banks

With the meteoric upward push within the worth of bitcoin this 12 months and the media cacophony round it, it’s a marvel that no longer all global leaders have spoken concerning the matter but. One political determine that we will be able to now leisure guarantee is keeping track of bitcoin is Israeli Prime Minister Benjamin Netanyahu. why do you suppose so?so you do not trust bitcoin.bitcoin is our future currency ita worth goes high every day. I really like Bitcoin, but it will not. Inflation is actually a vital economic principle within the trendy world. Without inflation, spending is stored to a minimum. Spending fuels the financial system. Bitcoin will act as a store worth although, just like gold.

in 2017 that technical issues with the expertise remain and governance and threat management shall be vital.” Powell said there are significant” challenges to a central-bank cryptocurrency, that privateness points could possibly be an issue, and personal-sector options might do the job. you might have a good level, however, I’m not agreed with you 100% as a result of the bank have other work and bitcoin produce other.bitcoin is simply part of money but the bank is everything.

Completely agree, with 1% – 2% simply using BTC it already is clogging how way more with waaaaaay more quantity of transactions. Invented by a mysterious figure often called Satoshi Nakamoto,” Bitcoin is a technological surprise, an intellectually stimulating idea, and, at the least theoretically, an economical option to transact funds. Increasingly, retailers are accepting Bitcoin as payment; even ATMs at the moment are allotting Bitcoins.

Cryptocurrency change. It is not clear but if the MUFJ Fund alternate can be restricted to solely buying and selling the financial institution’s cryptocurrency or if it will also allow buying and selling in other cryptocurrencies equivalent to bitcoin. Will the destiny of banks finally disappear? Sure. The answer is sure. Should it occur tomorrow? And do we need to do it by way of Bitcoin? This can be a query mark.

IG Bank began trading with cryptocurrencies in 2017. Prospects can use it to buy Bitcoin and Bitcoin Cash. Do you want to analyse and look at Bitcoin know-how? Try ‘s Wiki internet web page for an in-depth have a look at Bitcoin’s modern know-how and interesting historic previous. Nikolai is a Canadian author at present dwelling on Singapore. His started writing on Blockchain and bitcoin since 2011, he does Assessment and replaces on latest trades in Blockchain house. He holds a Bachelor of Pc Since from The College of Windsor, and a Bachelor of Education from Lakehead University.

21 bitcoinsmaster.com

Price of Bitcoin, Ethereum and Ripple surges as European Central Bank dismisses cryptocurrency ban fears

Price of Bitcoin, Ethereum and Ripple surges as European Central Bank dismisses cryptocurrency ban fears

The price of Bitcoin and other chief cryptocurrencies rose today following the European Central Bank announcement laid off worries of an impending ban. Last month, the slide of Bitcoin started to be so intensive that the sharp drop was called as a ‘bloodbath’ and a ‘horror show’, before gradually being named the ‘cryptopocalypse

Nevertheless, after that, the price of most key cryptocurrencies has been ascending, although all crypto-markets continue to be highly unpredictable and prone to dramatic wobbles. The price of one Bitcoin is resting at about $8,800 this morning, which is a gain of about $400 from its lowest point yesterday.

Mario Draghi suggested it was not his organisation’s responsibility to regulate Bitcoin. The price of Bitcoin has been on the up for the past 2day

Mario Draghi likewise warned the public about the dangers attached to the volatile cryptocurrency, which is vulnerable to dramatic fluctuations and failures. Governing bodies are displaying a developing urge for new measures to regulate the crypto-markets, which have seen wild price swings and a series of heists as well as a rapid growth in the assortment of coins on offer.

 

 

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