FED Hike Aftermath Series: Rate hike expectations disappear from 2016
Jun 16, 2016 07:16 am UTC| Commentary Central Banks
After a relatively dovish FED yesterday, where participants reduced their forecast for interest rates in 2017 by 30 basis points and 60 basis points for 2018, rates market backed away from pricing a hike this year. FOMC...

FOMC monetary policy: Assessing future bias
Jun 16, 2016 06:44 am UTC| Commentary Central Banks
Yesterday, FOMC policymakers preferred to keep policy steady and not go for a hike. This was somewhat expected given the high event risks ahead next week- British referendum. There are lot to digest since it released...

BOJ monetary policy: Assessing future bias
Jun 16, 2016 05:41 am UTC| Commentary Central Banks
Bank of Japan (BoJ) braved the market and more specifically Yens strength and kept the policy unchanged, which basically means the following The bank will keep purchasing the outstanding JGBs at the pace of 80...
China's new Yuan loans beat forecasts, show PBOC’s determination to support growth
Jun 15, 2016 15:38 pm UTC| Commentary Central Banks
Data released on Wednesday showed that Chinese banks extended 985.5 billion yuan ($149.56 billion) in new yuan loans in May, exceeding analysts expectations and well above the previous months levels. Economists polled by...
Brexit could trigger joint FX market interventions by major central banks
Jun 15, 2016 15:06 pm UTC| Commentary Central Banks
Latest polls show rising odds that the UK will vote to leave the EU next Thursday. Despite the market having begun to increasingly price in this risk scenario in the last few days, financial markets will be shaken up...
Jun 15, 2016 11:30 am UTC| Insights & Views Central Banks
The concerns over even after Brexit polls remain the key driver for risk sentiment and hence the price actions across most markets seek safe haven avenues in order to dodge turbulence. While on the other continent, FOMC...
FED hike aftermath Series: Hike probabilities review ahead of FOMC
Jun 15, 2016 10:37 am UTC| Commentary Central Banks
Market participants just scaled back their expectations of interest rate rise from the Federal Reserve after Mays payroll report showed job gains of just 38,000 and previous two gains revised down by 59,000. Today,...