Lack of sellers sparks trouble for BoE asset purchases

Aug 10, 2016 05:46 am UTC| Commentary Central Banks

The Bank of Englands (BoE) newly enhanced asset purchase program that includes a 60 billion increase to the current asset purchase program and afresh introduction of 10 billion corporate securities purchase program ran...

Reserve Bank of India stands pat; concerns for inflation outlook remain

Aug 09, 2016 09:45 am UTC| Commentary Central Banks

The Reserve Bank of India kept its key policy rates on hold Tuesday. The bi-monthly policy statement mentioned the central bank has decided to keep the policy repo rate under the liquidity adjustment facility unchanged at...

A close watch needed on widening TED spread

Aug 09, 2016 07:13 am UTC| Commentary Central Banks

The cost of unsecured U.S. Dollar funding is creeping up and it has been creeping up since 2014, however, recent days have seen arelatively sharp jump in that cost not seen in years. The spread between the risk-free rates,...

In his last policy decision, RBI governor Rajan keeps rates steady

Aug 09, 2016 06:13 am UTC| Commentary Economy Central Banks

The Reserve Bank of India Governor Raghuram Rajan delivered no surprises in its last monetary policy meeting while keeping the key policy rate unchanged at 6.50 percent. He had cut repo rateby 25 basis points in...

FxWirePro: A what if analysis on NZD/USD hedging framework with “Sure and Fire option strips”

Aug 08, 2016 12:36 pm UTC| Research & Analysis Insights & Views Central Banks

NZD OTC market functions are likely to intensify contemplating upcoming RBNZ OCR cut in its monetary policy by 25 bps to keep it at 2.00%. As a result of this speculation in the FX market, the New Zealand dollar moved...

FxWirePro: Glimpse over why looming RBNZ cut seems most likely after China flashes, Kiwi dollar to confront bearish pressure again

Aug 08, 2016 11:45 am UTC| Central Banks

The RBNZ made it clear last month that it will be returning to the easing table, and like the consensus, we expect a 25bp OCR cut to 2.0% this week an all-time low. This is fully priced by the market. As a result of...

BSP unlikely to raise interest rate on account of low inflation

Aug 08, 2016 10:32 am UTC| Commentary Central Banks

The central bank of Philippines (BSP) is unlikely to adopt a tighter monetary policy in its meeting scheduled to be held on Aug 11, as long as inflation remains below the central banks target range, although gross domestic...