Philippine central bank keeps rate on hold at 4 pct, likely to stand pat in December

Nov 14, 2019 11:46 am UTC| Commentary Central Banks

The Philippine central bank kept the key rate on hold. The BSP kept its Overnight Repurchase Rate unchanged at 4 percent. The central bank also hinted that it will stay on hold during the December meeting. The BSP, on...

BoE likely to deliver 25bp cut at next 'big' meeting in January’20, independent of election outcome: Danske Bank

Nov 13, 2019 09:05 am UTC| Commentary Central Banks Economy

The Bank of England (BoE) is expected to deliver a 25bp cut at its next big meeting in January 2020, taking the Bank Rate to 0.50 percent, according to the latest research report from Danske Bank. This forecast does not...

FxWirePro: Hedging Perspectives of Kiwis Dollar Ahead of RBNZ

Nov 12, 2019 10:37 am UTC| Research & Analysis Central Banks

The RBNZis scheduled for their monetary policy this week,the market pricingfor RBNZimplies a 60% chance of easing on 13 November, with a terminal rate of 0.70%. The kiwis central bank cut 50 bps in its August meeting...

Fed likely to adopt only one rate cut in 3 to 6 months ahead, BoE to cut in Jan’20: Danske Bank

Nov 12, 2019 09:29 am UTC| Commentary Central Banks Economy

The Federal Reserve is expected to adopt only one rate cut in 3 to 6 months ahead; the timing of the cut is difficult but, as the Fed wants to see how things play out, the March meeting is probably the earliest...

FxWirePro: Spot on Hefty Risk Premium in MXN Vols – Ratio Call Spreads For EUR/MXN and USD/MXN

Nov 11, 2019 13:46 pm UTC| Research & Analysis Central Banks

MXN realized vol is at historically low levels, resulting in eye catching MXN and x-MXN implied realized vol spreads within the EM space (4.5vol and 3.8vol for EURMXN and USDMXN, respectively). Despite the hefty risk...

FxWirePro: Capitalize on NZD/JPY Interim Rallies and Optimize Debit Put Spreads Ahead of RBNZ

Nov 11, 2019 11:29 am UTC| Research & Analysis Central Banks

The RBNZis scheduled for their monetary policy this week.The kiwis central bank cut 50 bps in its August meeting andhad said that there was room to cut further if required. We interpret this as an easing bias rather than a...

RBNZ likely to keep OCR unchanged at November MPS, forecast to be unchanged from August: Westpac Research

Nov 11, 2019 07:45 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to keep the Overnight Cash Rate (OCR) on hold at its monetary policy meeting this week and deliver a statement similar to its September OCR Review, according to the latest...