FxWirePro: Kiwi extends weakness, awaits crucial China data & RBNZ

Sep 07, 2015 04:48 am UTC| Technicals Central Banks

New Zealand dollar struggled for traction early in the Asian session, having skidded nearly 3 percent last week. NZD/USD was rejected at 0.6300 levels and fell further, currently languishing near multi-year troughs...

BCB Minutes to confirm long pause

Sep 07, 2015 04:04 am UTC| Commentary Central Banks

In an environment where economic activity continues collapsing and the political commitment to push the necessary structural reforms is nonexistent at this point,this trend is not over. Although the BRL has...

Russia's CBR to remain on hold

Sep 07, 2015 03:55 am UTC| Commentary Central Banks

In Russia, clearly, the CBR is facing a dilemma with growth remaining depressed, and the downtrend in inflation has recently stalled. Inflation has slightly increased in August to 15.8% y/y, driven by rising goods and...

Fed wants to hike because the Fed wants to hike

Sep 07, 2015 01:44 am UTC| Commentary Central Banks

Private sector payrolls are back at 140k, core PCE inflation has dropped to 1.2% YoY, growth in the first two quarters of the year has averaged 2.1% (QoQ, saar), core capex expenditures havent grown one iota in 3.5 years....

BOJ offers to buy 1,200 bln yen JGBs with residual maturities outright from 9/9

Sep 07, 2015 01:11 am UTC| Central Banks

BOJ offers to buy 400 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 9/9 BOJ offers to buy 400 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 9/9 BOJ offers to buy 400 bln yen JGBs (Residual...

Chinese reserves; Chinese trade; Fed leaks?

Sep 06, 2015 23:44 pm UTC| Commentary Central Banks

China returns from its WWII commemoration today - SHCOMPs performance is likely to set the tone for risk appetite. Two key bits of Chinese data are out this week: (1) reserves and (2) trade data, both for August. A few...

Bank of Canada expected to keep rates unchanged

Sep 06, 2015 23:30 pm UTC| Commentary Central Banks

Market attention will focus on the BoC meetingthis Wednesday. The effects of low oil prices are still being felt on the economy, which officially slid into recession in Q2. Despite decent behavior of consumption and a...