FxWirePro: The Day Ahead- 4th May 2018
May 04, 2018 04:27 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: Caixin services PMI rose to 52.9 in April. Upcoming: France: Trade...
Norges Bank stands pat in May, likely to hike interest rate in September
May 03, 2018 16:50 pm UTC| Commentary Central Banks
Norwegian central bank, Norges Bank, kept its policy rate on hold today, as widely anticipated. There was no rate path only the Boards assessment of the development since the March rate path. The main conclusion was that...
FOMC Monetary Policy May 2018: Assessing future bias from statement
May 03, 2018 06:16 am UTC| Commentary Central Banks
As expected, the policymakers at FOMCmade no changes to the monetary policy at yesterdays meeting. Current Federal funds rate target 150-175 basis points. Lets first assess the bias in monetary policy statement...
FxWirePro: The Day Ahead- 3rd May 2018
May 03, 2018 05:06 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: March trade balance came at $1.527 billion. Building permits grew 2.6 percent...
May 03, 2018 04:51 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is not expected to adopt any changes in its outlook for the Overnight Cash Rate (OCR) in its monetary policy meeting scheduled next week; but if there is a change, it will be in the...
May 03, 2018 04:51 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is not expected to adopt any changes in its outlook for the Overnight Cash Rate (OCR) in its monetary policy meeting scheduled next week; but if there is a change, it will be in the...
What to expect from FOMC meet ahead?
May 02, 2018 07:23 am UTC| Commentary Central Banks
Today, the U.S. Federal Reserve will announce its monetary policy decision at 18:00 GMT. While the majority of the policymakers do support faster rate hikes, some policymakers are expressing doubts over the path of...
India–US Trade Pact 2026: A New Highway to a USD 500 Billion Partnership