Fed likely to begin quantitative tightening by Q1 2018, says Danske Bank
Apr 06, 2017 06:01 am UTC| Economy Commentary Central Banks
The United States Federal Reserve is expected to begin its quantitative tightening by the first quarter of 2018 while the consensus among both primary dealers and analysts is mid-2018. The Federal Open Market Committee...
FxWirePro: The Day Ahead- 6th April 2017
Apr 06, 2017 04:36 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: China: Caixin services PMI declines to 52.2 in March. Upcoming: Japan:...
FxWirePro: Euro crosses trade recommendation ahead of European politics
Apr 05, 2017 13:11 pm UTC| Central Banks Insights & Views
German politics: Merkels CDU is aclear winner in Saarland election, with AfD getting only 6% of the vote. Elsewhere, Centrist Emmanuel Macron kept his position as favorite to win Frances presidential election after a...

Apr 05, 2017 12:19 pm UTC| Insights & Views Economy Central Banks
The eurozone final services and composite PMI data came below expectations. The final Markit Euro-zone PMI services sector index rose to a 70-month high of 56.0 in March, up from 55.5 in February but below the earlier...
Top ECB official talks higher interest rates and warns debt-ridden governments
Apr 05, 2017 09:58 am UTC| Commentary Economy Central Banks
Two days ago, the European Central Banks (ECB) executive board member Benoit Coeure warned that the Euro area governments and other financial actors need to prepare for higher interest rates in the coming future. He said,...
Fed Hike Aftermath Series: Dashboard updates
Apr 05, 2017 07:41 am UTC| Commentary Central Banks
FxWirePros previous dashboard was a success as it was able to successfully predict not only the rate hike in March but a dissent from Minneapolis Fed President Neel Kashkari. We are building our next dashboard focusing on...
Richmond Fed president Jeffrey Lacker resigns admitting confidential leak
Apr 05, 2017 07:17 am UTC| Commentary Central Banks
Richmond Fed President Jeffrey Lacker has resigned with immediate effect admitting that he leaked non-public confidential information back in 2012 to an analyst at Medley Global Advisors which is owned by Financial Times....