FxWirePro: Hedge Turkish lira between CBRT and Erdogan’s triumph

Jun 25, 2018 15:03 pm UTC| Research & Analysis Central Banks

The Turkish lira (TRY) surged after Erdogan claimed triumph in the weekends Turkish presidential election. After much ado about how AKPs and Erdogans ratings had begun to falter ahead of the election, the incumbents...

Fundamentals to watch out for this week

Jun 25, 2018 10:38 am UTC| Commentary Central Banks

In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on. What to watch for over the coming days: Central Banks: Reserve Bank of New Zealand...

Bank Indonesia likely to maintain cautious tone at its monetary policy meeting, says DBS Group Research

Jun 25, 2018 08:53 am UTC| Commentary Central Banks Economy

Bank Indonesia is expected to maintain a cautious tone at its monetary policy meeting, scheduled to be held later this week, after raising the policy rate by a cumulative 50 basis points in May, according to the latest...

Fed Hike aftermath Series: Hike probabilities over coming meetings

Jun 25, 2018 06:19 am UTC| Commentary Central Banks

FOMC increased interest rates in March and June and increased its forecast from three rate hikes in 2018 to four rate hikes. June decision was unanimous. Current Federal funds rate - 175-200 bps (Note, all calculations are...

FxWirePro: BoE done with status quo, RBNZ in dovish mode next and can RBA constructive? A G10 central banks’ perspective

Jun 22, 2018 07:42 am UTC| Research & Analysis Central Banks

Bank of Englandleft its monetary policy unchanged but the dissenting votes for an immediate 25bps hike, from the current Bank Rate of 0.50%, rose from two to three (Chief Economist Haldane, who has broken ranks verbally...

Bank of England keeps policy rate on hold, likely to hike in August

Jun 21, 2018 16:46 pm UTC| Commentary Central Banks

As widely anticipated, the Bank of England kept its monetary policy on hold today. The central bank also kept the bond programme unchanged. The MPC was split in its decision with Haldane, McCafferty and Saunders advocated...

Norwegian central bank keeps interest rate on hold, likely to hike in September

Jun 21, 2018 13:13 pm UTC| Commentary Central Banks

Norwegian central bank kept its key interest rate on hold, but signals that rates would be hiked in September. As widely anticipated the key rate was unchanged at 0.5 percent. A September hike is fully discounted in the...