FxWirePro: A glimpse through European interest rate derivative on ECB’s status quo monetary policy

Jun 08, 2017 12:26 pm UTC| Central Banks Insights & Views

ECB today has maintained status quo in its monetary policy, keeping minimum bid rate unchanged at 0.00% which was widely expected. In upcoming ECB press conference, with no policy change, market players are focusing on how...

ECB Monetary Policy: No more rate cuts as reference to further cuts stopped

Jun 08, 2017 12:16 pm UTC| Commentary Central Banks

The European Central Bank (ECB) kept monetary policy unchanged at its todays meeting in Estonia. More importantly, it has removed a reference to further rate cuts. While the central bank kept its deposit rate at the record...

FxWirePro: Stay short AUD vs EUR, CHF, and long CHF vs USD ahead of SNB’s monetary policy

Jun 08, 2017 12:10 pm UTC| Central Banks Insights & Views

The RBA outlook (on hold for some time) is anchoring front end valuations. We expect 3yr swap rates to remain in a 1.8% to 2.3% range, with core inflation still below 2%. While AUD money markets rates have rallied by...

FxWirePro: What to expect from ECB ahead?

Jun 08, 2017 10:59 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 11:45 GMT, followed by the press conference at 12:30 GMT. The meeting is to be held in Tallinn,...

FxWirePro: What’s driving dovish tone in momentary policy season and tepid VXY?

Jun 08, 2017 09:45 am UTC| Central Banks Insights & Views

Even with two major central bank meetings in the coming two weeks, broad FX markets look likely to continue the drift into early summer markets. The weak payrolls report will reinforce expectations that Junes Fed hike will...

BSP likely to commence tightening cycle in Q3, raise policy rate by cumulative 50 bps in 2017: ANZ Research

Jun 08, 2017 08:54 am UTC| Commentary Central Banks Economy

The Philippines central bank is expected to commence its tightening cycle in Q3 and raise its policy rate by a cumulative 50 basis points in 2017 and 75 basis points in 2018. The monthly contraction in utilities and...

FxWirePro: What’s cooking in Super Thursday? EUR gamma spreads and FVAs lure ahead of ECB

Jun 08, 2017 07:35 am UTC| Central Banks Insights & Views

Todays ECB meeting will almost certainly see the Council revise up its assessment of the growth outlook to broadly balanced in the light of recent favorable economic data. There is agreement on the market: the end of...