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21 Mar 2016

Fed’s Williams – April, June possible for rate hike if progress continues

San Francisco Fed’s William, during an interview given to MNI, said rate hikes could happen as soon as in April and June given the encouraging data.

Key Quotes

If not for global risks, would raise sooner, faster

Looked at in isolation, us economy is looking great

US has proved remarkably resilient to global factors

Basic contour, path of rate hikes has not changed
Mar 21, 2016

EUR/USD around 1.1280 on US data

The shared currency keeps its daily gains vs. the greenback, with EUR/USD navigating the 1.1280 area....
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Mar 21, 2016

China: Authorities expect a bounce in trade in March – ING

Tim Condon, Chief Economist at ING, expects the impact of the Chinese spending shock to persist and export growth in 2016 to be weaker than 2015’s -2.5%.
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