Apr 05, 2017 12:19 pm UTC| Insights & Views Economy Central Banks
The eurozone final services and composite PMI data came below expectations. The final Markit Euro-zone PMI services sector index rose to a 70-month high of 56.0 in March, up from 55.5 in February but below the earlier...
Top ECB official talks higher interest rates and warns debt-ridden governments
Apr 05, 2017 09:58 am UTC| Commentary Economy Central Banks
Two days ago, the European Central Banks (ECB) executive board member Benoit Coeure warned that the Euro area governments and other financial actors need to prepare for higher interest rates in the coming future. He said,...
Fed Hike Aftermath Series: Dashboard updates
Apr 05, 2017 07:41 am UTC| Commentary Central Banks
FxWirePros previous dashboard was a success as it was able to successfully predict not only the rate hike in March but a dissent from Minneapolis Fed President Neel Kashkari. We are building our next dashboard focusing on...
Richmond Fed president Jeffrey Lacker resigns admitting confidential leak
Apr 05, 2017 07:17 am UTC| Commentary Central Banks
Richmond Fed President Jeffrey Lacker has resigned with immediate effect admitting that he leaked non-public confidential information back in 2012 to an analyst at Medley Global Advisors which is owned by Financial Times....
Apr 05, 2017 07:12 am UTC| Central Banks Insights & Views
RBA April Monetary Policy Decision: RBA leaves the cash rate unchanged at 1.50% on concern about the overheating Australian property market. AUD to remain susceptible to the yield spread and broad market...
BoK likely to keep policy rate unchanged at 1.25 pct next week, says DBS Research
Apr 05, 2017 05:54 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to hold its benchmark policy rate at 1.25 percent at its monetary policy decision, scheduled to be held next week. Although energy inflation may not be a big worry to the...
FxWirePro: The Day Ahead- 5th April 2017
Apr 05, 2017 05:31 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: Japan: Markit services PMI edged higher in March to 52.9 Australia: ANZ commodity...
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