FxWirePro: RBA MPS Preview & AUD Trades
Oct 05, 2020 10:37 am UTC| Research & Analysis Central Banks Insights & Views
The Reserve Bank of Australia (RBA) is scheduled for its monetary policy to take their interest rate decision tomorrow morning. It is expected that it will keep its key rate on hold at 0.25%. What will be interesting will...
Oct 05, 2020 06:15 am UTC| Research & Analysis Central Banks Insights & Views
Thin trade given local holidays. AUDUSD seems to be resilient to equity wobbles so 0.7130 levels should continue to hold, modest upside bias. The medium-term perspectives: The northern summers risk rally and USD rout...
Federal Reserve hopes years of zero rates will spur inflation – but there are risks
Sep 20, 2020 06:01 am UTC| Economy Central Banks
In a healthy economy, prices tend to go up a process called inflation. While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up...
BNM keeps overnight policy rate on hold, likely to refrain from further cuts in 2020
Sep 10, 2020 11:45 am UTC| Commentary Central Banks
Malaysian central bank kept the overnight policy rate on hold at 1.75 percent today, consistent with expectations. Bank Negara Malaysia was decisively more optimistic in its statement regarding the economic growth. The...
Norges Bank keeps interest rate on hold
Aug 20, 2020 15:45 pm UTC| Commentary Central Banks
Norges Bank stood pat today, as expected. A new rate path was not presented today and therefore all eyes were on the statement from Norges Banks Monetary Policy Committee, where they gave an assessment of the main economic...
Philippine central bank keeps interest rate on hold
Aug 20, 2020 12:33 pm UTC| Commentary Central Banks
The Philippine central bank, BSP, kept its overnight reverse repurchase rate (RRP) on hold at 2.25 percent today, as was expected. Governor Diokno noted that the policy decision to stay put was based on the currently...
Bank Indonesia keeps key interest rate on hold at 4 pct
Aug 19, 2020 13:05 pm UTC| Commentary Central Banks
Bank Indonesia kept its key interest rate on hold today at 4 percent, as anticipated, citing a desire to maintain external stability. Todays decision reflects a desire to maintain external stability. The IDR has been the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects