Monetary Stimulus

Monetary stimulus withdrawal is bound to have a major impact on global financial markets: CEA V Anantha Nageswaran

In the near term, these elevated inflationary pressures will prove to be a drag on global growth, says India's top economic policymaker

When is stimulus too much for markets?

The liquidity surplus raises interesting questions as to whether the beneficial result for markets will compound or, instead, involve volatile contradictions requiring careful active management

Hope makes an appearance even as fear rules the Street | Markets

While the growing spread of Covid-19 continues to be a source of worry for global investors, the prospects of a concerted policy response is giving rise to hope

Macro Matters | Demonetisation did not hit jobs in the organised manufacturing sector

Did demonetisation abort an incipient recovery? True, the manufacturing sector had bounced back in the year before demonetisation, but it’s hard to say whether this was sustainable, even if demonetisation did not happen

Macro Matters| Tight financial conditions are a big reason for the slowdown

The total flow of financial resources to the commercial sector was also affected by demonetisation

BOJ set to hold fire, seek to dispel tapering fears

Markets are also focusing on what BOJ Governor Haruhiko Kuroda has to say on US President Donald Trump's protectionist trade stance, particularly with Trump taking direct aim at Japan's powerful auto industry - a mainstay of its economy.

BOJ may rattle global bond markets as Fed seen on hold

If the BOJ, led by Governor Haruhiko Kuroda, decides toshake up its policy stance, one avenue would be to be lessaggressive in purchasing longer-dated assets, thereby allowingyields to go up, while cutting short-term rates deeper intonegative territory.

Japan Inc sees BOJ stimulus as failing to spur inflation

Desperate to stimulate growth, encourage capital investment and reverse price declines, the Bank of Japan has embraced negative interest rates, bought up massive amounts of bonds and snapped up riskier assets such as exchange-traded funds.

Brexit impact will be felt in 7-8 months: Banque Internationale

While Brexit is no more a front -page news anymore, it still has consequences, which may be felt 7-8 months down the line as downside risks persists, says Hans Goetti of Banque Internationale.

Brexit fallout: Threat for equities is more from currency swings

Back home, a section of market players are counting on a dovish RBI Governor to replace Raghuram Rajan in a couple of months now. If both situations play out as expected, it means liquidity will be the least of worries for bulls in the Indian stock market.

Nifty surges: Monetary stimulus, monsoon +ve for mkt, says BNP

Major contributor for today‘s rally was Infosys which saw a 5.63 percent jump and closed at Rs 1238.70 per stock.

BOJ's Haruhiko Kuroda says no plan to ease policy now

The BOJ is expected to cut its quarterly inflation forecasts and push back the timing for hitting its price target at a rate review on Jan. 28-29, as slumping energy costs weigh on price growth. Core consumer prices rose just 0.1 percent in the year to November.

ECB willing and able to act in December: Mario Draghi

"The Governing Council is willing and able to act by using all the instruments available within its mandate if warranted in order to maintain an appropriate degree of monetary accommodation."

Chinese fundamentals weak; expect more $ strength: Daiwa

Kevin Lai, chief economist, Asia ex-Japan, Daiwa Capital Markets, says over the last six months, the big picture in China has been deteriorating. The country is fighting against money outflow, deflation, etc.

BOJ keeps massive monetary stimulus intact

The central bank pledged to boost its monetary base by 80 trillion yen a year, a quantitative easing program that's been in place since April 2013, in a bid to rid of deflation for good.

Gold posts weekly fall on US growth, no China demand

Bullion had gained for most of January until this week, underpinned by weakness in global equities on concerns over emerging economies.

Weak jobs data won't stop Fed from tapering: Ex-FSA boss

According to Adair Turner, the employment rate in the US is very low and the unemployment degree is only coming down because there have been a lot of people discouraged and are completely out of the work force.

Money printing futile; US needs fiscal stimulus: Stiglitz

â€œThe point about quantitative easing, tapering is that monetary policy has only a very limited effect in the United States. It has global repercussions but the effect in creating jobs in the United States is very low,â€ Stiglitz told CNBC-TV18.

Global markets end mixed, how will Nifty react?

Japan‘s Nikkei was down 1.2 percent, while Hong Kong's Hang Seng, Singapore's Straits Times remained flat. China's Shanghai Composite was up half a percent up. The Sensex closed yesterday at 20729.38 points, up 0.17%, while Nifty closed at 6174.60, up 0.20%.