FxWirePro: The Day Ahead- 18th May 2017
May 18, 2017 04:52 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: Australia: Consumer inflation expectations for May came at 4 percent. The unemployment...
NBP keeps interest rates on hold, expects inflation to remain moderate in quarters ahead
May 17, 2017 22:02 pm UTC| Commentary Central Banks
The Monetary Policy Council of the National Bank of Poland decided to keep the interest rates on hold on Wednesday. The reference rate was kept unchanged at 1.5 percent, while the Lombard rate, deposit rate and rediscount...
May 17, 2017 17:11 pm UTC| Central Banks
USD/JPY declined sharply on Wednesday as talk that U.S. President Donald Trump could face the threat of impeachment boosted safe-haven Japanese yen. News emerged on Tuesday that Trump had asked his now-dismissed FBI...
FxWirePro: Derive yields via derivatives on low vols but eventually less ECB QE
May 17, 2017 12:31 pm UTC| Research & Analysis Insights & Views Central Banks
We look at how the sensitivity to global yields has changed after the greater reaction in longer-end rates in Japan and the Euro area in recent sell offs. With the BoJ having signaled it is comfortable with a steeper curve...
FxWirePro: Driving forces of neutral RUB stances and hedging vehicles
May 17, 2017 11:49 am UTC| Research & Analysis Insights & Views Central Banks
While rubles medium term structural drivers are supportive, a sequentially dovish shift by the central bank and uncertain oil outlook keeps us neutral. The fundamental drivers of RUB over the medium-term look attractive: a...
ECB likely to keep policy rates on hold until second half of 2018, says Lloyds Bank
May 17, 2017 08:51 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to continue with its current pace of asset purchases until the end of the year. It is further likely to communicate a reduction in asset purchases in 2018 at the September...

May 17, 2017 08:50 am UTC| Central Banks Research & Analysis Insights & Views
The RBNZ was very dovish at the May MPS. Despite inflation recovering in 1Q to above 2%oya for the first time in six years, Governor Wheeler stuck to his neutral guidance, and the staff maintained their forecast that the...