BSP likely to keep policy rate unchanged through rest of the year given better-than-expected Q3 GDP, says ANZ Research
U.K. household record strain on finances in November, Markit Household Finance Index stayed unchanged
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Protracted trade war continues to weigh on Indonesia's export sector, IDR well-supported for time being
RBNZ likely to keep rates on hold in November before cutting twice next year, says Capital Economics
PBoC likely to remain calibrated and restrained in policy easing, says Commerzbank
The People’s Bank of China (PBoC) is expected to remain calibrated and restrained in policy easing, according to the latest research report from Commerzbank.Both China and the US have taken mini but continuous steps before the formal October trade talks.
After both sides have waived tariffs on some billions of imports, China is poised to purchase more US farm goods according to latest media reports, which has created some favourable conditions for the upcoming negotiations. President Trump reiterated that he would want to seek a "great" deal.
On a separate note, PBoC's governor Yi Gang yesterday said that the policy makers aim to prevent financial system from destabilizing, signaling that the central bank has little intention to conduct aggressive monetary easing despite growth slowdown, the report added.