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Europe Roundup: Euro slides but EUROSTOXX still edgy, DXY eases as BoJ maintain status quo - Thursday, December 21st, 2017

Dec 21, 2017 12:22 pm UTC| Market Roundups Insights & Views Central Banks

Market Roundup EUR/USD 0.05% up, USD/JPY 0.24% up, GBP/USD up about 0.10%, EUR/GBP down by 0.03% DXY 0.02%, DAX 0.03%, FTSE -0.13%, CAC -0.4%, IBEX -0.3%, Brent -0.48%, Gold -0.05% BOJ maintains policy steady as...

FxWirePro: Knock-in spreads to tackle positive correlation between USD/JPY and yen rates

Dec 21, 2017 08:53 am UTC| Central Banks Research & Analysis Insights & Views

The Japanese central bank (BoJ) left its expansionary monetary policy unchanged in its statement. What matters more is the message that BoJ Governor Haruhiko Kuroda delivered at the press conference. Many observers had...

BOJ monetary policy: Assessing future bias

Dec 21, 2017 07:47 am UTC| Commentary Central Banks

At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent in 8-1 votes. Lets look at the current monetary policies, Bank of Japan had...

FxWirePro: The Day Ahead- 21st December 2017

Dec 21, 2017 04:12 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today, but some with high volatility risks associated. Data released so far: United Kingdom: GFK consumer confidence came at -13 in December. Japan: BoJ kept...

Riksbank keeps monetary policy on hold in December, likely to hike in October 2018

Dec 20, 2017 14:21 pm UTC| Commentary Central Banks

The Riksbank kept its monetary policy on hold today as expected. The repo rate continues to be at -0.5 percent and the QE program will end at the turn of the year. Also, the repo rate path was untouched, indicating towards...

FxWirePro: No fireworks so far, Quite Christmas in G10 FX vols bloc

Dec 20, 2017 09:27 am UTC| Research & Analysis Insights & Views Central Banks

The global economy is surfing a cyclical upturn, and financial markets have been gorging on central bank accommodation, but as post-crisis policies are dismantled, the appearance of calm in FX-land risks being...

FxWirePro: Valuation divergence in EUR/JPY perplexes than ECB and BoJ policy normalization, bearish risks loom on OTC indications

Dec 20, 2017 07:28 am UTC| Research & Analysis Central Banks

EURJPY PPP and FEER valuations are the yen bears arch-enemies, but they apply far more to the USDJPY than to the EURJPY, given that the euro, too, is significantly undervalued on a PPP basis. The OECD puts EURJPY PPP at...

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Economy

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Politics

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

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Science

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Technology

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OpenAI Explores Massive Funding Round at $750 Billion Valuation

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Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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