Swiss National Bank stands ready to act if necessary - SNB's Jordan
Nov 24, 2016 14:38 pm UTC| Commentary Central Banks
Swiss National Bank (SNB) Chairman Thomas Jordan declined to comment if SNB was active in FX market after US election but reiterated the central banks commitment to keep upside in CHF under check. Data released on...

Nov 24, 2016 13:11 pm UTC| Central Banks Research & Analysis
The market is currently seeing the likelihood of three Fed rate hikes until late 2017 as standing at 50% the highest level since the FOMC meeting in March. At the time the market was still convinced that there would be a...

Central Bank of Turkey hikes repo rate for first time since early 2014
Nov 24, 2016 12:25 pm UTC| Commentary Central Banks
The Turkish central bank, Central Bank of the Republic of Turkey (CBRT) hiked its repo rate during its monetary policy meeting today for the first time since early 2014. The CBRT raised the interest rate by 50 basis points...

FOMC members consider December hike "important to Fed credibility"
Nov 24, 2016 12:25 pm UTC| Insights & Views Economy Central Banks
Minutes of the November Federal Open Market Committees (FOMC) meeting released on Wednesday were largely unexciting from a near-term policy perspective. After the recent Congressional testimony of Chair Yellen and...
Political uncertainty amid risks of rating downgrade continues to pressurize ZAR
Nov 24, 2016 11:52 am UTC| Commentary Economy Central Banks
The South African rand is witnessing continuous pressure, following ongoing political uncertainty in the country, coupled with risks of a rating downgrade. Further, the central bank is expected to leave its key rate...
Nov 24, 2016 11:21 am UTC| Central Banks Commentary
The dollar surged to a for multi-year peaks against Chinese currency on today, bolstered by more than anticipated U.S. economic data that showed the economy on track for steady growth and reinforced expectations of...
Singaporean dollar likely to remain vulnerable amidst soaring U.S. inflation expectations
Nov 24, 2016 07:00 am UTC| Commentary Central Banks Economy
Singapores CPI-All Items inflation accelerated from -0.2 percent in September to -0.1 percent year-on-year in October. In the meantime, the core inflation, which strips the costs of accommodation and private road transport...