Fed Hike Aftermath Series: Key comments from Stanley Fischer and dashboard update
Mar 29, 2017 10:01 am UTC| Commentary Central Banks
In an interview with CNBC yesterday, the vice-chair of the US Federal Reserve said that the Feds March projections that forecasttwo more hikes in 2017,is about right. He stressed that its is his forecast as well. In the...
FxWirePro: PBoC’s new regime on CIBM for ease of operations of FIIs
Mar 29, 2017 09:47 am UTC| Central Banks Insights & Views
Access to the interbank bond market The latest opening up of the onshore FX market to foreign bond investors completes the list of tools that foreign investors need to facilitate their investment in the onshore China...
FxWirePro: A glimpse over G7 OTC FX - Vols collapse after dovish Fed, more in store
Mar 29, 2017 08:01 am UTC| Research & Analysis Insights & Views Central Banks
Please be noted that the nutshell showing IVs of G7 pairs have collapsed considerably. The collapse in vols following in the recent times FOMCs dovish statement, even in longer tenors less influenced by event-related...
Mar 28, 2017 12:59 pm UTC| Central Banks Insights & Views
Although Poland benefits tremendously as a recipient of EU funds, the most important benefit Poland derives from the EU is its ability to participate in the international market, trading as an EU member. On the policy...
FxWirePro: Implied vols and macro risks still skewed on the upside for EUR/GBP
Mar 28, 2017 12:42 pm UTC| Central Banks Insights & Views
EURGBP moved slightly lower and Gilt yields ticked 4bp higher driven by the more hawkish tone in the statement, where Kristin Forbes voted for a 25bp rate hike this time. Note, however, that Forbes is a known hawk and...
Mar 28, 2017 12:33 pm UTC| Central Banks Research & Analysis Insights & Views
The summary of the BoE meeting in March contained three main triggers for changes to the BoEs current monetary policy stance. 1. CPI inflation. 2. Wage growth. 3. Private consumption. Higher CPI inflation and/or...
PBoC likely to raise money market rates again, keep benchmark rates unchanged: Scotiabank
Mar 28, 2017 05:45 am UTC| Commentary Central Banks Economy
The Peoples Bank of China (PBoC) is expected to raise the money market rates again, if needed, while keeping the benchmark interest rate unchanged. The central bank will maintain medium- and long- term funding costs...
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