Fed Hike aftermath Series: Hike probabilities over next 12 months
Mar 26, 2018 05:59 am UTC| Commentary Central Banks
FOMC increased interest rates again in March and maintained its forecast for three rate hikes in 2018. FOMC also forecasted a faster pace of hikes next year than previously forecasted. March decision was unanimous. Current...
FxWirePro: What is driving BRICS currencies and hedging vehicles (episode 2)
Mar 23, 2018 12:04 pm UTC| Research & Analysis Central Banks Insights & Views
CNY: A trade clash is looming on the horizon. As a result, a few queries arise, such as, if the US wants to reduce its trade deficits with China, why dont they remove the restrictions on the exports of high-tech products...
FxWirePro: What is driving BRICS currencies and hedging vehicles (episode 1)
Mar 23, 2018 11:52 am UTC| Research & Analysis Central Banks Insights & Views
BRL: Since it was widely anticipated that the Brazilian central bank (BCB) would most likely cut its key rate again. Therefore the decision on Wednesday did not surprise. Nevertheless, the fact that the BCB mentioned a...
FxWirePro: The Day Ahead- 23rd March 2018
Mar 23, 2018 05:39 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and some with high volatility risks associated. Upcoming: Greece: January current account balance report will be released at 9:00 GMT. United States:...
Bank Indonesia likely to keep rate on hold through 2018
Mar 22, 2018 19:11 pm UTC| Commentary Central Banks
Bank Indonesia maintained its policy rate at 4.24 percent today, as was widely anticipated. The narrative of the policy statement and the underlying macro forecasts were widely the same as the earlier statement. The...
Philippine central bank unlikely to tighten monetary policy in near future
Mar 22, 2018 18:06 pm UTC| Commentary Central Banks
The Philippine central bank kept its policy tools on hold today, consistent with market expectations. The Bangko Sentral ng Pilipinas maintained its interest rate corridor at 2.50 percent, 3.00 percent, and 3.50 percent...
Bank of England keeps interest rate on hold
Mar 22, 2018 17:02 pm UTC| Commentary Central Banks
Bank of Englands policy announcement today sounded a more hawkish note, as expected. Even if the Bank Rate was kept on hold at 0.5 percent, the decision was not unanimous, with two external committee members voting in...