FxWirePro: Spotlight On BoE’s Easing Measures And Sterling’s OTC Outlook & Hedging Strategy

Mar 20, 2020 08:59 am UTC| Research & Analysis Central Banks

In addition to the package of measures announced at last weeks unscheduled policy meeting, the Bank of Englands Monetary Policy Committee has sanctioned further easing measures at an emergency meeting. These...

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Mar 18, 2020 17:33 pm UTC| Research & Analysis Economy Central Banks Insights & Views

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: USD/KRW Surging On Verge Of Hitting 10Y Highs – Spotlight On Digital ATM Calls

Mar 17, 2020 13:31 pm UTC| Research & Analysis Central Banks

Bank of Korea cut rates by 50 bps to a new record low of 0.75% at an emergency meeting yesterday. The decision was attributed to the deterioration in growth outlook from COVID-19 and the Feds decision to slash rates to...

Central Banking Series

The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic

Mar 17, 2020 01:38 am UTC| Economy Central Banks

The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...

Australian and US rate cuts underline seriousness of the coronavirus crisis

Mar 06, 2020 03:44 am UTC| Investing Central Banks

This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australias central bank cut official...

Central Banking Series

One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"

Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy

Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...

BoK may frontload rate cut at tomorrow’s monetary policy meeting, says DBS Economics & Strategy

Feb 26, 2020 10:23 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to deliver a 25bps rate cut at tomorrows monetary policy meeting, given the deterioration in the local COVID-19 situation, according to the latest research report from DBS Economics ...