Bank of England’s Vlieghe warns of consumer slowdown, reiterates need for caution on interest rates
Apr 06, 2017 13:32 pm UTC| Commentary Economy Central Banks
Speaking at Bloombergs European headquarters in London on Wednesday, Bank of England (BoE) policy maker Gertjan Vlieghe said that there is no need for interest rate rise soon. He warned that consumer finances are...
FxWirePro: What drives loonie’s vulnerability - Stay short CAD vs AUD and USD
Apr 06, 2017 12:57 pm UTC| Central Banks Insights & Views
The monetary policy divergences driving USDCAD sharply higher the past two weeks were only half surprising. To be sure, the recent sharp rise in US yields driven by hawkish Fed speech came as a surprise to markets. The...
Bank of England likely to hold rates well into 2018 and probably beyond - Rabobank
Apr 06, 2017 11:08 am UTC| Insights & Views Economy Central Banks
Despite signs of a slight slowdown, UK economic growth has held up much better than expected since the Brexit referendum. The PMIs for manufacturing, construction and services published this week suggest Britains economy...
FxWirePro: Euro slips on Draghi comments
Apr 06, 2017 09:07 am UTC| Commentary Central Banks
European Central Bank (ECB) President Mario Draghi, speaking at a press conference in Frankfurt expressed his confidence in the current monetary policy stance and laid out three points, Mr. Draghi said that the...
Fed likely to begin quantitative tightening by Q1 2018, says Danske Bank
Apr 06, 2017 06:01 am UTC| Economy Commentary Central Banks
The United States Federal Reserve is expected to begin its quantitative tightening by the first quarter of 2018 while the consensus among both primary dealers and analysts is mid-2018. The Federal Open Market Committee...
FxWirePro: The Day Ahead- 6th April 2017
Apr 06, 2017 04:36 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: China: Caixin services PMI declines to 52.2 in March. Upcoming: Japan:...
FxWirePro: Euro crosses trade recommendation ahead of European politics
Apr 05, 2017 13:11 pm UTC| Central Banks Insights & Views
German politics: Merkels CDU is aclear winner in Saarland election, with AfD getting only 6% of the vote. Elsewhere, Centrist Emmanuel Macron kept his position as favorite to win Frances presidential election after a...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects