RBNZ likely to again leave the OCR at 1.75 pct, says Westpac Research
Feb 02, 2018 09:45 am UTC| Commentary Economy Central Banks
The Reserve Bank of New Zealand (RBNZ) is expected to again leave the OCR at 1.75 percent at its Monetary Policy Statementnext Thursday.The Bank has maintained a watchful stance for some months now. And while it sounded a...
FxWirePro: The Day Ahead- 2nd February 2018
Feb 02, 2018 04:35 am UTC| Commentary Central Banks
Not many of economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: Australia: Fourth quarter producer price inflation rose 0.6 percent, up 1.7 percent...
Czech National Bank hikes repo rate by 25 bps, hints at another hike in 2018
Feb 01, 2018 18:20 pm UTC| Commentary Central Banks
The Czech National Bank raised its repo and lombard rates during its meeting today. The central bank hiked the repo rate by 25 basis points and the lombard rate by 50 basis points. The CNB governor strongly hinted that the...
FxWirePro: The Day Ahead- 1st February 2018
Feb 01, 2018 05:28 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI rose to 54.8 in January. Australia: Building permits...
FxWirePro: The Day Ahead- 1st February 2018
Feb 01, 2018 05:28 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI rose to 54.8 in January. Australia: Building permits...
U.S. Fed keeps policy interest rates unchanged, likely to hike in March
Jan 31, 2018 20:44 pm UTC| Commentary Central Banks
The U.S. Fed kept its policy interest rates on hold today during its FOMC meeting, as was widely anticipated. The balance sheet policies were also kept unchanged. There were changes made to the FOMC statement, in line with...
FxWirePro: Delta calls for USD/TRY hedging on hawkish CBRT’s revised inflationary forecasts
Jan 31, 2018 13:02 pm UTC| Research & Analysis Central Banks Insights & Views
In its latest Inflation Report, CBRT did the obvious and revised up its year-end inflation forecast from 7% to 7.9%. But, this compares with market expectations in the 9% range. CBRT also revised up its end-2019 inflation...