Fed Hike Aftermath Series: Kashkari stands out with dovish remarks

Mar 07, 2017 11:28 am UTC| Commentary Central Banks

Minneapolis Fed President, who is a voting member in this years FOMC stand out among the policymakers who have been calling for faster rate hikes in 2017. Some of the well-known doves of FOMC shifted their camps in recent...

China’s forex reserves rise above $3 trillion in February

Mar 07, 2017 11:15 am UTC| Commentary Economy Central Banks

The latest data released by the Peoples Bank of China (PBoC) show that the forex reserve at the central bank rose for the first time since June last year. The reserve rose by almost $7 billion that pushed the total reserve...

FxWirePro: Up and about Fed’s March action, factor in for dollar exposures and outright trades

Mar 07, 2017 11:11 am UTC| Central Banks Insights & Views

The Federal Reserve chair Janet Yellen endorsed a further rise in rates as long as inflation and employment data meet the Feds expectations. With payroll data due Friday, a decent showing from those figures probably...

FxWirePro: Article 50 bill to tie up in “House of Lords”, coupon payments on gilts to append stress on BoE

Mar 07, 2017 10:30 am UTC| Central Banks Insights & Views

The UK headlines are likely to revolve around the House of Lords, which is due to have its final reading and vote on the Article 50 Bill on Tuesday. Given the heavy vote in favor of the amended bill (358 to 256) at its...

FxWirePro: Expression of German Bunds richness and cheapness in Z-scores but average life shrinks ahead of ECB meeting

Mar 07, 2017 07:56 am UTC| Insights & Views Central Banks

The latest ECB data showed that purchases of German paper (Bund, agencies, and regionals) were again relatively strong in February, like for other large countries. However, the ECB is still discriminating against the...

Central Banking Series

ECB likely to maintain dovish stance this week despite inflation hitting 2 pct goal, says Danske Bank

Mar 07, 2017 06:57 am UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is expected to maintain its dovish stance in the monetary policy meeting scheduled to be held on March 9 by 12:45GMT, although the countrys inflation has hit the central banks 2 percent...

Central Banking Series

RBA monetary policy: Assessing future bias

Mar 07, 2017 05:56 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights: RBA notes that the global...