FOMC Monetary Policy June 2018: Assessing future bias from statement and projection materials
Jun 14, 2018 05:59 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC hiked interest rates by 25 basis points at yesterdays meeting. Current Federal funds rate target 175-200 basis points. Lets first assess the bias in monetary policy statement...
JGBs gain as U.S.-China trade war fear sours investors' risk sentiment
Jun 14, 2018 05:31 am UTC| Commentary Economy
Japanese government bonds gained during late Asian session Thursday as the trade war fear between the United States and China soured investors risk sentiments. Investors will now wait to watch the Bank of Japans (BoJ)...
FxWirePro: The Day Ahead- 14th June 2018
Jun 14, 2018 05:06 am UTC| Commentary
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: Unemployment rate declined to 5.4 percent in May with participation rate...
Jun 14, 2018 04:44 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,298 mark while silver was trading around $16.96 mark. Japans Nikkei was trading 0.62 pct lower at 22,824.55...
Hungarian monetary policy likely to remain dovish
Jun 13, 2018 19:56 pm UTC| Commentary Central Banks
The Hungarian Monetary Policy Council has not altered its extra dovish stance, in spite of increased volatility and deepened risk aversion on global markets. Both the policy rate and O/N depo rate remained the same at 0.9...
Hungarian monetary policy likely to remain dovish
Jun 13, 2018 19:56 pm UTC| Commentary Central Banks
The Hungarian Monetary Policy Council has not altered its extra dovish stance, in spite of increased volatility and deepened risk aversion on global markets. Both the policy rate and O/N depo rate remained the same at 0.9...
Polish consumption growth unlikely to accelerate, investment to grow 7.8 pct
Jun 13, 2018 18:02 pm UTC| Commentary
Polish private consumption recorded a strong growth of 4.8 percent year-on-year in the first quarter of 2018, underpinned by solid consumer sentiment and tight labor market conditions. But retail sales growth has been...