Jun 08, 2018 07:35 am UTC| Commentary Central Banks Economy
The Federal Open Market Committee (FOMC) is expected to hike the target range by 25bp to 1.75-2.00 percent at its monetary policy meeting next week without making any big changes to the dot plot. The Fed is set to...
Central Bank of Turkey hikes repo rate by 125 bps to 17.75 pct
Jun 07, 2018 12:33 pm UTC| Commentary Central Banks
The Central Bank of Turkey hiked its key interest rate today. The CBRT raised the repo rate by 125 basis points to 17.75 percent, as compared with consensus expectations of the central bank to keep the rates unchanged....
Jun 07, 2018 09:02 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to signal that the asset purchase programme will be closed by the end of this year at its monetary policy meeting scheduled to be held next week, according to the latest research...
FxWirePro: EM crisis deepens as central bankers’ chorus dollar liquidity shortage
Jun 07, 2018 06:48 am UTC| Commentary Central Banks
Indonesian central bank governor Perry Warjiyo joined in Urjit Patel of Reserve Bank of India (RBI), who warned earlier this week of a looming dollar liquidity shortage in the market could become a crisis, as the U.S....
FxWirePro: Zero-cost risk reversals and PBoC’s Ccy swap agreements to hedge CNH
Jun 06, 2018 15:07 pm UTC| Research & Analysis Central Banks Insights & Views
EURCNH is the EUR-cross gift that keeps on giving. We have liked the cross from the short side all year on grounds that its policy-driven nature can help reliably milk the sizeable forward point carry on offer; its...
SARB accomplishes pilot project on JP Morgan’s Ethereum-based Blockchain
Jun 06, 2018 14:18 pm UTC| Research & Analysis Central Banks Fintech Insights & Views
Lets refresh our memories on a few critics, a few months ago JP Morgan chief, Mr. Jammie Dimon, has long been an ardent critic of bitcoin. In an interview with Fox Business, Mr. Dimon said that he trusts blockchain as a...
Reserve Bank of India hikes policy rate by 25 bps to 6.25 pct
Jun 06, 2018 13:10 pm UTC| Commentary Central Banks
The Reserve Bank of Indian unanimously hiked its key policy repo rate by 25 basis points today to 6.25 percent. The hike was consistent with expectations. The central bank referred to three developments during its decision...