FxWirePro: Snippets of AUD Forecasts And Its Driving Forces Ahead of RBA
Jun 01, 2020 10:24 am UTC| Research & Analysis Central Banks Insights & Views
AUD has been the standout performer within G10 (refer 1stchart). Most of this rally occurred during April, and since then AUD has traded a very tight range (0.6370-0.6530). One new development for AUD has been an...
FxWirePro: AUD/USD Whatif Scenario Analysis, OTC Indications And Options Strategy Ahead of RBA
Jun 01, 2020 08:50 am UTC| Research & Analysis Central Banks Insights & Views
Although Aussie dollar has potential to break above 0.6762 levels, supported by improving global sentiment. but in coming weeks the reality of a tepid global recovery in H220 and woeful earnings reports are likely to chip...
FxWirePro: Quick Glimpse At Short Antipodean Trades
Jun 01, 2020 08:22 am UTC| Research & Analysis Central Banks Insights & Views
Kiwi remains at the mercy of global risk sentiment near term, with potential for gains to 0.6400 during the next few weeks. Further out, though, economic data releases over the next few months will be dire, potentially...
Reserve Bank of India cuts policy repo rate by 40 bps
May 22, 2020 16:10 pm UTC| Commentary Central Banks
The Indian central bank, Reserve Bank of India, delivered another unscheduled rate cut. The RBI lowered its policy repo rate by 40 basis points to a historic low of 4 percent today. According to the central bank, the...
Bank of Thailand cuts policy rate by 25 bps, GDP growth likely to come in much weaker in Q2
May 20, 2020 15:02 pm UTC| Commentary Central Banks
The Bank of Thailand lowered its policy rate by 25 basis points to 0.50 percent, as was expected. The decision was not unanimous, with three of the seven members voting for a hold. The central banks assessment of growth...
Bank Indonesia keeps monetary policy on hold, likely to cut rate in June
May 19, 2020 14:53 pm UTC| Commentary Central Banks
Bank Indonesia kept its monetary policy on hold today. However, it clearly cited that the door for future rate cuts remains open in the midst of low inflation and subdued economic activity. Todays decision was contrary to...
May 15, 2020 14:07 pm UTC| Research & Analysis Central Banks Insights & Views
The US Aprilretail saleshas disappointed a day of important releases. The US data (retail sales -16.4%, industrial production -11.2%, Empire Index -48.5%) might fuel global economic concerns on the markets again. Even if...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight