An upbeat employment report could keep alive expectations of June Fed hike
Mar 30, 2016 15:16 pm UTC| Commentary Central Banks
March non-farm payrolls will be the key release this week (Fri), and the ADP employment report on Wednesday will be watched for clues. Although the monthly correlation is not especially high, another 200k+ outturn for ADP...
Euro Zone bonds rally as additional ECB buying to kick off tomorrow
Mar 30, 2016 09:26 am UTC| Commentary Central Banks
Bonds across globe are parting since last night after FED chair Janet Yellen indicated that she is a dove and will be advocating for cautious approach towards rate hike, at a time when financial market volatilities are...
RBI likely to lower rate next week
Mar 30, 2016 07:57 am UTC| Commentary Central Banks
The Reserve Bank of India, in its policy guidance, takes in inflationary expectations along with headline/core inflation. Inflationary expectations continued to increase during the central banks survey in December 2015....
Cautious Yellen sets tone ahead of March NFP
Mar 30, 2016 06:35 am UTC| Commentary Central Banks
Relatively dovish comments from FED chair Janet Yellen have set the tone of the market, heading into Fridays non-farm payroll report. Her remarks are in sharp contrast to some other notable FED speakers, in this years...
BOJ offers to buy 1220 bln yen JGBs with residual maturities outright from 4/1
Mar 30, 2016 01:34 am UTC| Central Banks
BOJ offers to buy 400 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 4/1 BOJ offers to buy 420 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 4/1 BOJ offers to buy Y 240 bln JGBs (Residual...
India’s foreign reserves rise, expected portfolio inflows may ease pressure on depreciating rupee
Mar 29, 2016 06:19 am UTC| Commentary Central Banks
After Indias Union Budget FY2016-17 was released at the end of February, foreign investors added local equities worth a total of USD 2.87 billion to their holdings. Furthermore, since 16 March, the investors bought local...
BOJ offers dollar supply operation for 3/31 - 4/7 (EST)
Mar 29, 2016 01:42 am UTC| Central Banks
Amount of BOJs dollar supply operation is unlimited within the amount of pooled eligible...