Chidu Narayanan, economist at Standard Chartered, suggests that their Monetary Conditions Indices (MCIs) indicate that monetary conditions have continued to tighten globally. Key Quotes “Falling inflation, soft credit growth and higher real effective exchange rates (REERs) have combined to tighten conditions since end-2018. Monetary conditions are already close to their tightest in three years in several countries, and are tightening further.” “Central banks in Malaysia, New Zealand and the Philippines cut policy rates this week, in line with our call. We expect rate cuts from India, Indonesia and the Philippines for the rest of 2019; most other central banks are likely to maintain a dovish outlook.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF consolidates in a range, just below mid-1.0100s ahead of US CPI FX Street 3 years Chidu Narayanan, economist at Standard Chartered, suggests that their Monetary Conditions Indices (MCIs) indicate that monetary conditions have continued to tighten globally. Key Quotes "Falling inflation, soft credit growth and higher real effective exchange rates (REERs) have combined to tighten conditions since end-2018. Monetary conditions are already close to their tightest in three years in several countries, and are tightening further." "Central banks in Malaysia, New Zealand and the Philippines cut policy rates this week, in line with our call. We expect rate cuts from India, Indonesia and the Philippines for the rest of 2019; most other central banks are… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
