U.S. Treasury yields plunge after Fed adopts strong dovish stance; eyes on initial jobless claims
Jun 20, 2019 11:24 am UTC| Commentary Economy
The U.S. Treasury yields plunged during Thursdays afternoon session, after the Federal Reserve kept interest rates unchanged at its monetary policy meeting held late yesterday, while striking a dovish tone, indicating...
Fed Hike Aftermath Series: Market pricing 3 rate cuts in 9 month post-FOMC
Jun 20, 2019 11:11 am UTC| Commentary Central Banks
After U.S. Federal Reserve policymakers hinted at looming rate cuts at yesterdays meeting where the central tendency of the rate forecasts by FOMC participants declined by 50 basis points, the bond market is pricing 3 rate...
German bunds jump ahead of euro area’s June preliminary consumer confidence indicator
Jun 20, 2019 11:06 am UTC| Commentary Economy
The German bunds jumped during European trading session Thursday ahead of the euro areas preliminary consumer confidence index for the month of June, scheduled to be released today by 14:00GMT. The German 10-year bond...
BOJ monetary policy: Assessing future bias
Jun 20, 2019 10:27 am UTC| Commentary Central Banks
At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent in 7-2 votes. Lets look at the current monetary policies, Bank of Japan had...
Jun 20, 2019 10:11 am UTC| Commentary Central Banks
The pound has been struggling amid domestic political trouble, toning down of hawkish rhetoric from Bank of England (BoE), uncertainties surrounding the Brexit agreement between the European Union and the United Kingdom....
FOMC Monetary Policy June 2019: Assessing future bias from statement and projection materials
Jun 20, 2019 08:44 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC kept interestrate unchanged at yesterdays meeting. Current Federal funds rate target 225-250 basis points. Lets first assess the bias in monetary policy statement Improvement...

FxWirePro: UK retail sales preview
Jun 20, 2019 07:53 am UTC| Commentary
The GBP/USD remains volatile amid Brexit jitters. After forming a bottom around 1.252 area, it is sharply higher as the USD weakened on dovish tilt by the U.S. Federal Reserve. As Prime Minister Theresa May stepped down...