BOE monetary policy preview

Jun 15, 2017 09:16 am UTC| Commentary Central Banks

The pound has declined sharply over the past weeks as no political parties gained an outright majority in the June snap election. Conservatives, who had a majority government is now operating as a minority government. This...

Eurozone periphery bonds remain mixed ahead of May CPI, Eurogroup meeting

Jun 15, 2017 09:05 am UTC| Commentary Economy

The Eurozone periphery bonds traded mixed Thursday ahead of the zones consumer price inflation index (CPI), scheduled to be released on June 16. Also, the Eurogroup meetings, due later today will render further direction...

EUR/DKK likely to fall to 9.00 within a year, says Danske Bank

Jun 15, 2017 08:19 am UTC| Commentary Economy

The krone has fallen relatively far since mid-February despite growth in the Norwegian economy surprising to the upside. Slightly lower inflation than anticipated may have fuelled expectations of Norges Bank having to cut...

SNB monetary policy: Assessing future bias

Jun 15, 2017 07:55 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...

Another no action meeting likely from SNB

Jun 15, 2017 06:56 am UTC| Commentary Central Banks

Swiss National Bank (SNB) will announce interest rates at 7:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Fed and signal a...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Markets not convinced of third hike despite Fed assertion and tapering plans

Jun 15, 2017 06:24 am UTC| Commentary Central Banks

Last night, the U.S. Federal Reserve not only hikes interest rates by 25 basis points, it also maintained its outlook for the third hike in 2017 and unveiled its balance sheet reduction plans. The plan says that the...

New Zealand bonds remain upbeat at close on lower-than-expected Q1 GDP

Jun 15, 2017 06:17 am UTC| Commentary Economy

The New Zealand bonds remained strongly upbeat at the time of closing Thursday after investors poured into safe-haven assets on the back of lower-than-expected gross domestic product (GDP) for the first quarter of this...