Liquidity 02 incl QE, Twist, LTRO, APP etc (Jun 14 - Dec 25)

[winston]

ECB May Reportedly Hint Reducing Monetary Stimulus in Jun Rate Talk Statement

As Reuters cited sources, after the first round of French presidential election, pro-EU candidate has a higher chance of winning, allowing a sigh of relief for European Central Bank monetary policy committee members.

With less threat from eurosceptic candidates and good performance in France's economy in recent years, many members saw rooms for sending signals in June towards reducing the monetary stimulus.

Source: AAStocks Financial News

[winston]

ECB May Reportedly Hint Reducing Monetary Stimulus in Jun Rate Talk Statement

As Reuters cited sources, after the first round of French presidential election, pro-EU candidate has a higher chance of winning, allowing a sigh of relief for European Central Bank monetary policy committee members.

With less threat from eurosceptic candidates and good performance in France's economy in recent years, many members saw rooms for sending signals in June towards reducing the monetary stimulus.

Source: AAStocks Financial News

[winston]

Be afraid... markets from stocks to real estate are set for an ‘almighty reality check’

‘For years, investors have been living in a dream world, artificially created by the central banks. But this alternative reality will eventually come to an end – possibly as early as this year’

Source: SCMP

http://www.scmp.com/business/global-eco ... te-are-set

[winston]

Say goodbye to easy money as China’s central bank puts squeeze on liquidity

PBOC moves to tighten funds in the banking system expected to push up short-term rates

“The good economic performance in the first quarter has given room for financial deleveraging, a key theme for this year”

Source: SCMP

http://www.scmp.com/news/china/economy/ ... -liquidity

[winston]

China Deleveraging Pain Puts Investors on Contagion Alert

by Chris Anstey , Isabella Cota , and Ben Bartenstein

Emerging markets would be most vulnerable, Invesco’s Uy says
‘We don’t yet see it as a big risk-off event,’ says Aberdeen

Policy makers’ moves to crack down on leverage have already wreaked about $500 billion of financial damage domestically

South Korea’s stock market hit a record high Monday, and emerging-market bond premiums are still historically low, for example.

Source: Bloomberg

https://www.bloomberg.com/news/articles ... gn=markets

[winston]

by behappyalways:-

China Gives Markets Break as Deleverage Fever Begins to Ease

Source: Bloomberg

https://www.bloomberg.com/news/articles ... ns-to-ease

[winston]

by behappyalways:-

China Gives Markets Break as Deleverage Fever Begins to Ease

Source: Bloomberg

https://www.bloomberg.com/news/articles ... ns-to-ease

[winston]

China Holds Firm to $5 Trillion Anchor as Fed, ECB Seek Exit

PBOC’s assets contracted 3.1% from January-end to March-end
Asset holdings reduction won’t continue, economists say

"China is more than a couple of years away from balance-sheet contraction"

"Monetary policy will remain smooth and neutral this year"

Source: Bloomberg

https://www.bloomberg.com/news/articles ... yptr=yahoo

[winston]

China: May Money Supply

China's May money supply growth came in significantly below expectations at 9.76 percent, down from 10.4 percent in April.

Total social financing declined to 1.06 trillion yuan (HK$1.216 trillion) from 1.394 trillion yuan.

Liquidity conditions looked tight as tougher financial regulations resulted in higher borrowing costs and more difficulty in obtaining credit.

Smaller banks are said to be under pressure to raise lending rates.

Source: Dr Check, The Standard

[winston]

Get ready for quantitative tightening

by Jim Rickards

The Taylor rule, which is one of the most accepted normative rules, indicates that interest rates should be 2.5%.

As of June 14th, the Fed raised rates by going up 1%, with a new target range of 1 to 1.25%.

Now is the time to increase your allocations to cash, gold, silver and U.S. Treasuries.

Source: Gold Speculator

http://thecrux.com/get-ready-for-qt1-a- ... en-policy/