European Central Bank removes easing bias, but may taper bond purchases to zero by end-2018
Mar 08, 2018 19:10 pm UTC| Commentary Central Banks
The Governing Council of European Central Bank unanimously removed its explicit easing bias today on its net bond purchases, providing a further signal that they are drawing nearer to a close. The easing bias had stated...
Mar 08, 2018 12:45 pm UTC| Research & Analysis Central Banks Insights & Views
Chinas FX reserves declined by USD27bn in February, the first monthly drop since January 2017. Interestingly, the market does not see this as a reflection of capital outflows, because of two reasons: the currency was...

FxWirePro Call Review: 10-year bund short reaches interim target and beyond
Mar 08, 2018 12:25 pm UTC| Commentary Central Banks
In October 2016, we urged our readers to go short in 10-year bund, at the breakout of 162.5 with an initial target of 160 area and subsequent longer-term target of 153. The article is available here,...

FxWirePro Call Review: 10-year bund short reaches interim target and beyond
Mar 08, 2018 12:25 pm UTC| Commentary Central Banks
In October 2016, we urged our readers to go short in 10-year bund, at the breakout of 162.5 with an initial target of 160 area and subsequent longer-term target of 153. The article is available here,...

Mar 08, 2018 11:55 am UTC| Research & Analysis Central Banks Insights & Views
So what is happening with the euro? There has been relatively little news on the European currency over the past weeks. This is partially due to the fact that the FX market is currently focussing on the protectionist...
FxWirePro: What to expect from ECB ahead?
Mar 08, 2018 10:50 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Frankfurt, Germany. Current...
BOC monetary policy decision: Assessing future bias
Mar 08, 2018 10:33 am UTC| Commentary Central Banks
Bank of Canada (BOC) at yesterdays meeting chose keep the policy rates unchanged at 125 basis points (bps), after three rate hikes in 2018. The overnight lending rate is at 125 bps, the bank rate is at 150 bps and the...
US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave