BoE raises rates, a follow-up unlikely anytime soon, says Royal Bank of Canada
Nov 07, 2017 08:05 am UTC| Commentary Economy Central Banks
The Bank of England voted 7-2 to raise their policy rate in November, the first 25 basis points increase in a decade. The move undid last years rate cut that followed the Brexit referendum. With the economy operating near...
RBA monetary policy: Assessing future bias
Nov 07, 2017 05:05 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the pickup in...
FxWirePro: The Day Ahead- 7th November 2017
Nov 07, 2017 04:30 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Labor cash earnings up 0.9 percent y/y in September. United Kingdom:...
Nov 07, 2017 03:24 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 3:30 GMT. Economy at a glance The economy is growing at 1.8 percent y/y as of Q2 2017 compared to 4.3 percent in early...
Fundamentals to watch out for this week
Nov 06, 2017 12:16 pm UTC| Commentary Central Banks
This week is a quite heavy with volatility risks, both in terms of data and events. What to watch for over the coming days: Central banks: Reserve Bank of Australia (RBA) will announce interest rate decision...
Nov 06, 2017 10:39 am UTC| Research & Analysis Insights & Views Central Banks
Scale back EUR longs and increase USD longs: Rotate long EURCHF into long USDCHF via risk reversal; keep EURUSD call spread The much-awaited ECB meeting was modestly dovish and with it, Draghi was able to deliver euro...
Fed Hike aftermath Series: Hike probabilities over next 12 months
Nov 06, 2017 07:19 am UTC| Commentary Central Banks
Hike probability sharply spiked after last FOMC meeting, where projection material showed that the U.S. Federal Reserve is still projecting one more hike for 2017, which is likely to be December. The November FOMC...