FxWirePro: Three major driving forces for BoE’s status quo with a hawkish twist – Gaining traction of hedging bids for bearish risks in GBP against EUR

Mar 28, 2017 12:33 pm UTC| Central Banks Research & Analysis Insights & Views

The summary of the BoE meeting in March contained three main triggers for changes to the BoEs current monetary policy stance. 1. CPI inflation. 2. Wage growth. 3. Private consumption. Higher CPI inflation and/or...

Central Banking Series

PBoC likely to raise money market rates again, keep benchmark rates unchanged: Scotiabank

Mar 28, 2017 05:45 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to raise the money market rates again, if needed, while keeping the benchmark interest rate unchanged. The central bank will maintain medium- and long- term funding costs...

FxWirePro: The Day Ahead- 28th March 2017

Mar 28, 2017 04:57 am UTC| Commentary Central Banks

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: France: Consumer spending report for February will be released at 6:45 GMT. Italy:...

Australia may be closer to being a cashless society but it won't happen by 2020

Mar 27, 2017 15:52 pm UTC| Insights & Views Central Banks

The ABC has this week asked the question as to whether Australia is on the brink of becoming a completely cashless society. The question was sparked by the recent release of figures by the Reserve Bank of Australia (RBA)...

Central Banking Series

ECB prepared for any outcome from Brexit talks - ECB's Lautenschlaeger

Mar 27, 2017 15:15 pm UTC| Commentary Central Banks Economy

European Central Bank (ECB) executive board member Sabine Lautenschlaeger speaking on regulation and Brexit told a press conference on Monday that the central bank is prepared for any outcome from Brexit...

Fundamentals to watch out for this week

Mar 27, 2017 14:45 pm UTC| Commentary Economy Central Banks

Not many economic data scheduled for this week and event risks are well anticipated and priced. The focus is on Brexit triggering on Wednesday. What to watch for over the coming days: Central banks: Several...

FxWirePro: Strategic themes for shift from dollar to euro carry trades on macro confluences

Mar 27, 2017 12:49 pm UTC| Central Banks Insights & Views

With US-centric drivers fading from prominence, idiosyncratic and global drivers emanating from other regions will play a greater role in driving FX going forward. Many of these drivers have come from Europe recently,...