Fed Hike Aftermath Series

Fed Hike Aftermath Series: John Williams remains policy hawk

Jul 11, 2017 07:58 am UTC| Commentary Central Banks

The recent weakness in the job numbers and inflation report has so far failed to persuade the majority of the FOMC policymakers to shy away from the Feds current hawkish stance and the San Francisco Fed President John...

FxWirePro: Stay short hedge ahead of BOE MPC members commentaries

Jul 11, 2017 07:56 am UTC| Research & Analysis Central Banks Insights & Views

Amid the June Bank of England MPC vote split in which three members voted for an immediate rate hike and the recent flurry of speeches from officials, we have yet to hear from Deputy Governor Ben Broadbent. He is scheduled...

Watch out for snippet of major attention on central banks’ season

Jul 10, 2017 12:24 pm UTC| Central Banks Insights & Views

Central banks will remain center stage this week and Wednesday will be a particularly busy day with Chair Yellen delivering her semi-annual testimony to Congress. Today, at the start of the week it was sufficient for...

U.S. labour market shows no signs of tightening yet, adds little pressure on the Fed to tighten policy

Jul 10, 2017 11:31 am UTC| Insights & Views Economy Central Banks

Fridays US Non-Farm Payrolls report published by the Bureau of Labor Statistics (BLS) was mixed, providing something for bulls and bears alike. The headline number was better than expected but the unemployment rate rose...

FxWirePro: ECB to unfasten monetary policy, bund volatility likely to propel EUR/JPY upside further

Jul 10, 2017 11:21 am UTC| Central Banks Research & Analysis Insights & Views

Yet a central bank cant impose short-term restraint on a financial cycle running for several years. When excesses become apparent, its too late to act against them. A financial cycle is like a stately container ship; if it...

Fundamentals to watch out for this week

Jul 10, 2017 10:19 am UTC| Commentary Central Banks

This week is extremely risk-heavy not just in terms of data but events as well. What to watch for over the coming days: Central Banks: Bank of Canada (BoC) will announce interest rate decision on Wednesday....

FxWirePro: Deploy USD/TRY straddle amid CBT’s regime for FX swap deposits

Jul 10, 2017 09:15 am UTC| Central Banks Research & Analysis Insights & Views

Last month, the central bank of Turkey (CBT) left its benchmark one-week repo rate at 8 pct in its last monetary policy meeting on June 15th, 2017 as widely expected. Policymakers noticed the economic recovery is gathering...