FOMC’s May meeting minutes indicate rate hike “soon”
May 24, 2017 22:53 pm UTC| Commentary Central Banks
The FOMCs May meeting minutes released today indicated continued confidence in the U.S. labor market recovery and implied that the Committee is comfortable to continue its path of gradual rises in the federal funds...
Bank of Canada keeps policy interest rate unchanged at 0.5 pct with neutral statement
May 24, 2017 16:04 pm UTC| Commentary Central Banks
As was widely anticipated, the Bank of Canada kept its key policy interest rate on hold at 0.5 percent. The central banks statement accompanying the decision struck a neutral tone, noted TD Economics. The statement...
May 24, 2017 12:18 pm UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 14:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% The core objective of...
May 24, 2017 04:45 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to leave its policy rate unchanged at 1.25 percent at its monetary policy meeting, scheduled to be held on Thursday morning, seeking a balance between the nations financial stability and...
FxWirePro: The Day Ahead- 24th May 2017
May 24, 2017 04:41 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Westpac leading index declined 0.1 percent in April. Construction work done in...
Fed Hike Aftermath Series: Hike probabilities strengthen; still far from pricing two more
May 23, 2017 12:27 pm UTC| Commentary Central Banks
As the markets recover from last weeks jolt triggered by allegations by Washington Post and New York Times that President Trump urged director Comey to end investigations into General Michael Flynn, who was forced to...
FxWirePro: The Day Ahead- 23rd May 2017
May 23, 2017 05:30 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Flash Nikkei manufacturing PMI came at 52 for May. All industry activity index...