Fed Hike aftermath Series: Hike probabilities over coming meetings

Mar 25, 2019 10:07 am UTC| Commentary Central Banks

FOMC followed through its promise and hiked rates four times in 2018 and forecasted two more rate hikes for 2019. Current Federal funds rate - 225-250 bps (Note, all calculations are based on data as of 25th...

Fundamentals to watch out for this week

Mar 25, 2019 09:06 am UTC| Commentary Central Banks

In terms of volatility risks, this week is heavy with the focus on Brexit, What to watch for over the coming days: Central Banks: Reserve Bank of New Zealand (RBNZ) will announce theinterest rate decision on...

FxWirePro: Double whammy on Kiwis rallies, but bears on the table - NZD’s ITM puts conducive as IV skews in sync with Q3 projections

Mar 25, 2019 08:07 am UTC| Research & Analysis Central Banks

Double whammy to the upside today: Thedovish shift by the Fed, and solid NZ GDP data. The USD will suffer near term, but longer term US growth should outperform. NZDUSDs rebound in March is mainly a function of US...

FxWirePro: The Day Ahead- 25th March 2019

Mar 25, 2019 07:44 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: Japan: All industry activity index declined by 0.2 percent in...

Fed’s monetary policy decision likely to weigh on DXY Index amid global reflation policies

Mar 22, 2019 03:27 am UTC| Commentary Economy Central Banks

The Federal Reserves monetary policy decision is expected to weigh on the DXY Index and prop up EM Asian currencies amid global reflation policies, particularly if the US and China agree to a trade deal in April, according...

Bank of England keeps Bank Rate and stock of bond purchases unchanged

Mar 21, 2019 17:45 pm UTC| Commentary Central Banks

The Bank of England kept the Bank Rate and the stock of bond purchases unchanged today. The decision was unanimous. According to BoE, data have been mixed since the prior meeting; however, they have been consistent with...

Norges Bank hikes interest rate by 25 bps, likely to hike again in June and December

Mar 21, 2019 13:54 pm UTC| Commentary Central Banks

Norges Bank hiked its policy rate by 25 basis points to 1 percent from 0.75 percent today, as was widely expected. The rate path was adjusted upwards, as domestic factors, including the oil price and NOK, more than...