Bank Indonesia keeps policy rate on hold, likely to hike rate by 25 bps in August
Jul 19, 2018 20:03 pm UTC| Commentary Central Banks
The Indonesian central bank, Bank Indonesia, stood pat during its meeting today after hiking the policy rate by 100 basis points between May and June. The central banks decision to keep the rate on hold at 5.25 percent was...
Jul 19, 2018 07:38 am UTC| Commentary Economy Central Banks
The European Central Bank (ECB) is expected to adopt its first deposit rate hike only by the second quarter of 2019, according to the latest research report from Scotiabank. Moreover, Italian politics is likely keep BTP...

Renminbi Series: China’s impossible trilemma returns to haunt
Jul 18, 2018 15:08 pm UTC| Commentary Central Banks Economy
Impossible Trinity/Trilemma is an economic concept which suggests that a country cant all the three following at the same time; a fixed foreign exchange rate, free capital movement, and an independent monetary policy. And...

Fed Hike Aftermath Series: Fed’s balance sheet reduction gathers pace
Jul 18, 2018 13:54 pm UTC| Commentary Central Banks
The Feds balance sheet reduction, which is one of the key reasons for dollar liquidity drain from the financial systems is gathering pace and soon it would hit its peak of $50 billion per month. The balance sheet reduction...
FxWirePro: The Day Ahead- 18th July 2018
Jul 18, 2018 05:14 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Upcoming: United Kingdom: Inflation report will be released at 8:30 GMT for the month of...

Fundamental Evaluation Series: USD/CZK vs. 2-year yield spread
Jul 17, 2018 11:41 am UTC| Commentary Central Banks
The chart above shows, how the relationship between USD/CZK and 2-year yield spread has unfolded since 2012. Brief background: It can be seen even with a naked eye, that the pair and the yield spread between...

Fundamental Evaluation Series: USD/SEK vs. 2-year yield spread
Jul 17, 2018 11:30 am UTC| Commentary Central Banks
The chart above shows, how the relationship between USD/SEK and 2-year yield spread has unfolded since 2012. Brief background: The Sveriges Riksbank (SRB) began reducing interest rates (repo rates) in the...