
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...
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...
FxWirePro: The Day Ahead- 15th June 2017
Jun 15, 2017 05:13 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Consumer inflation expectations declined to 3.6 percent in June from 4 percent...
CNB to hike countercyclical capital buffer rate to 1 pct from July 2018
Jun 14, 2017 22:46 pm UTC| Commentary Central Banks
On Wednesday, the Czech National Bank announced that it would hike the countercyclical capital buffer rate from 0.5 percent to 1 percent with effect from 1 July 2018. The central bank stated continued rapid credit growth...