SNB monetary policy: Assessing future bias

Mar 15, 2018 08:52 am UTC| Commentary Central Banks

The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...

USD/TWD likely to trade in range of 29.0-29.5 with downside risk in short-term, says Scotiabank

Mar 15, 2018 08:32 am UTC| Commentary Economy

The USD/TWD currency pair is expected to trade in a range of 29.0-29.5 with downside risk for now. Investors remain cautious as the US Department of the Treasury will release its semi-annual FX policy report due in...

RBNZ likely to leave OCR at 1.75 pct, retain cautiously upbeat stance at Spencer’s last announcement as Acting Governor: ANZ Research

Mar 15, 2018 08:01 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to again leave the Overnight Cash Rate (OCR) at 1.75 percent, and retain a cautiously upbeat stance at Grant Spencers last announcement as Acting Governor, according to a...

Global Geopolitical Series: U.S. Commerce Department announces preliminary AD on imports of uncoated ground wood paper from Canada

Mar 15, 2018 07:54 am UTC| Commentary Economy

Earlier this week, the U.S. Commerce Department announced preliminary results of the Anti-dumping Duty (AD) investigations on imports of uncoated groundwood paper from Canada. The investigations were initiated based on a...

Oil in Global Economy Series: OPEC February deal compliance review

Mar 15, 2018 07:23 am UTC| Commentary

In November 2016, when OPEC members agreed to cut production for the first time since the Great Recession, it was welcomed with great optimism and oil price jumped more than 20 percent, from $45 per barrel to as high as...

FxWirePro: Another no action meeting likely from SNB today

Mar 15, 2018 06:25 am UTC| Commentary Central Banks

Swiss National Bank (SNB) will announce interest rate decision at 8:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Federal...

New Zealand bonds jump at close after Q4 GDP disappoints market expectations

Mar 15, 2018 06:07 am UTC| Commentary Economy

New Zealand government bonds jumped at the time of closing Thursday after the countrys gross domestic product (GDP) for the fourth quarter of last year disappointed market participants, although remaining unchanged from...