BOE monetary policy preview

Jun 15, 2017 09:16 am UTC| Commentary Central Banks

The pound has declined sharply over the past weeks as no political parties gained an outright majority in the June snap election. Conservatives, who had a majority government is now operating as a minority government. This...

SNB monetary policy: Assessing future bias

Jun 15, 2017 07:55 am UTC| Commentary Central Banks

The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...

FxWirePro: Queries on CHF valuation ahead of SNB, Swiss central bank reliant on ECB

Jun 15, 2017 07:42 am UTC| Central Banks Insights & Views

Notwithstanding the SNBs repeated assertions that the franc is significantly overvalued, there is a little economic impact from said overvaluation. Even on the question of the francs valuation, one could derive different...

Another no action meeting likely from SNB

Jun 15, 2017 06:56 am UTC| Commentary Central Banks

Swiss National Bank (SNB) will announce interest rates at 7:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Fed and signal a...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Markets not convinced of third hike despite Fed assertion and tapering plans

Jun 15, 2017 06:24 am UTC| Commentary Central Banks

Last night, the U.S. Federal Reserve not only hikes interest rates by 25 basis points, it also maintained its outlook for the third hike in 2017 and unveiled its balance sheet reduction plans. The plan says that the...

FOMC monetary policy June 2017: Assessing future bias

Jun 15, 2017 05:53 am UTC| Commentary Central Banks

As expected, the policymakers at FOMC hiked policy rates by 25 basis points yesterday. Lets take a look at the FOMC statement for future clues. Current Federal funds rate target 100-125 basis points. Lets first assess...

Bank Indonesia likely to keep policy rate steady this week, says DBS Bank

Jun 15, 2017 05:30 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is expected to keep its policy rate steady this week. While the first-quarter GDP growth came in slightly disappointing, there are enough data to suggest stronger growth momentum in 2H17. There is less...