FxWirePro: The Day Ahead- 5th July 2019
Jul 05, 2019 04:30 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, but some with high volatility risks associated. Upcoming: Japan: Coincident and leading economic index will be updated at 5:00 GMT. Germany: Factory...
FxWirePro: The Day Ahead- 4th July 2019
Jul 04, 2019 04:29 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data and events so far: US is closed for 4th of July independence day. Australia: Retail sales up...
Rate cuts might hurt, as well as help. What if this man didn't need to do as much?
Jul 03, 2019 20:59 pm UTC| Insights & Views Central Banks
Theres a very good chance that later today the Reserve Bank will cut its cash rate to 1%. Some predict more cuts by the end of the year, perhaps to 0.5%. Its understandable. Economic growth is under-performing; prices...
Back-to-back Reserve Bank cuts take interest rates to new low of 1%
Jul 03, 2019 20:57 pm UTC| Insights & Views Central Banks
The Reserve Bank has cut the official interest rate by another 0.25 percentage points to a new low of 1%, reflecting continuing concern over the slow economy. Reserve Bank Governor Philip Lowe said the latest cut, which...
Riksbank keeps policy interest rate on hold, likely to hike in February 2020
Jul 03, 2019 12:26 pm UTC| Commentary Central Banks
The Riksbank kept the policy rate on hold at -0.25 percent today and the rate path was unchanged. The central bank will purchase government bonds as stated in April. The decision to keep the rates on hold was in line with...
FxWirePro: The Day Ahead- 3rd July 2019
Jul 03, 2019 04:03 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data and events so far: Japan: Markit services PMI came at 51.9 in June. New Zealand: ANZ commodity price...
FxWirePro: Rates Hedging Perspectives Amid Geopolitical Risks
Jul 02, 2019 12:48 pm UTC| Research & Analysis Central Banks
With financial markets fully expecting the US Federal Reserve to lower interest rates at its meeting at the end of the month, todays comments from both Mester (non-voter) and Williams (voter) will be closely watched. In...