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20 Feb 2014

Fed's Williams: Asset sales not part of exit plan

FXStreet (Bali) - Fed’s Williams continues to cross the wires, this time talking to reporters.

Main headline included: "The Fed made it clear asset sales not part of exit plan. It will ‘take a few years’ to achieve 2% inflation. Unemployment rate giving ‘pretty accurate’ picture. He’s seeing more upside risks to US growth. 'Pretty strong’ evidence inflation to accelerate. Fed has reached ‘end of the line’ on jobs threshold. Doesn’t see signs fed is ‘pumping up’ instability."
Feb 20, 2014

China HBSB PMI hits the market, risk aversion back?

HSBC China flash manufacturing PMI for Feb came well below expectations at 48.3 vs 49.5 in Jan and 49.5 expected, which means a 1.2 points negative divergence, and a 7-month low.
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Feb 20, 2014

USD/JPY off half cent from session high

USD/JPY is trading below 102.00 from an early 102.41 session high, with losses accelerating after a downbeat Chinese HSBC PMI, leading to a 1.4% decline in the Nikkei 225.
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