RBA December meeting minutes demonstrate series of concerns, but highlights positives in current conditions

Dec 20, 2016 06:06 am UTC| Commentary Central Banks

The Reserve Bank of Australias December board meeting minutes showed their series of worries and also underlined the positives in current conditions. The board was quite worried regarding the possible harm to global...

BoJ holds policy decision steady, raises economic assessment

Dec 20, 2016 05:12 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) in its two-day monetary policy meeting concluded Tuesday, held interest rate steady, with an outlook of upbeat economic conditions in the near term. Also, it pledged to keep the 10-year yields near...

Riksbank seems in no hurry to deliver rate cut, to prolong current QE programme

Dec 19, 2016 16:00 pm UTC| Commentary Central Banks Economy

Riksbank meets on Wednesday, 21st December to decide policy rates and is expected to stay pat. The central bank has cut its benchmark interest rate deep below zero and unleashed a bond buying program to spark inflation...

Central Banking Series

BOJ to sit tight and hold policy steady amid yen weakness

Dec 19, 2016 13:51 pm UTC| Commentary Central Banks

Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours, probably around 3:00 GMT, followed by apress conference from governor Kuroda. Current monetary policy Early...

FX Hedging Strategy Series

FxWirepro: Turkish lira still vulnerable on political stress and FED’s outlook - USD/TRY 1m IVs high yielder in debit call spreads

Dec 19, 2016 11:51 am UTC| Central Banks Research & Analysis

We remain bearish the lira; the negative feedback loop between macro policy credibility, political concerns, and investor sentiment is likely to drive the currency weaker. The FX outlook remains unambiguously negative,...

BoJ to stand pat, likely to leave yield curve control parameters unchanged

Dec 19, 2016 11:34 am UTC| Insights & Views Central Banks

The Bank of Japan (BoJ) concludes its two-day policy meeting on Tuesday, 20t December. The central bank is widely expected to keep its benchmark interest rate unchanged at -0.10 percent and is also likely to leave the...

Central Banking Series

QE and inflation expectations likely to broaden term premium globally

Dec 19, 2016 11:16 am UTC| Commentary Economy Central Banks

As inflation expectations rise globally, the US Federal Reserve is expected to hike rates at a faster pace next year. Last week, FOMC forecasted 3 rate hikes, compared to just one each in previous two years. Then why the...