RBA monetary policy: Assessing future bias
Sep 05, 2017 04:58 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that the pickup in...
Sep 05, 2017 03:03 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) will announce its monetary policy decisions today at 4:30 GMT. Economy at a glance The economy is growing at 1.7 percent y/y as of Q1 2017 compared to 4.3% in early 2012. The...
ECB President Draghi likely to express concern over recent euro appreciation, says Danske Bank
Sep 04, 2017 10:07 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) President Mario Draghi is expected to express concern over the recent appreciation in the common currency at the upcoming monetary policy meeting on September 7, explicitly mention that the...
BoC likely to raise overnight rate by 25bps next Wednesday, says Scotiabank
Sep 01, 2017 08:20 am UTC| Commentary Central Banks Economy
The Bank of Canada (BoC) is expected to raise its overnight rate by 25 basis points at its next meeting on September 6 and maintain a neutral-hawkish bias in a nod to how there are further hikes to come beyond simply...
Bank of Korea likely to keep monetary policy accommodative, adopt wait-and-see approach
Aug 31, 2017 22:24 pm UTC| Commentary Central Banks
The South Korean central bank, Bank of Korea kept its key interest rates on hold at 1.25 percent on Thursday, as was widely anticipated. It has kept its rates unchanged since lowering by 25 basis points in June 2016. The...
FxWirePro: Deploy Call ratio spreads to hedge USD/KRW on status quo BoK
Aug 31, 2017 13:01 pm UTC| Research & Analysis Central Banks Insights & Views
Bank of Korea (BOK) stood pat to maintain rates unchanged at 1.25% as broadly anticipated. The rates were left on hold since cutting by 25bp in June-2016. The economy is advancing with the Korean central bank projection of...
Aug 31, 2017 10:36 am UTC| Research & Analysis Central Banks Insights & Views
Well, after all, it seems puzzling whether levels well above 1.20 for EURUSD and 0.9306 for EURGBP might be too much for ECB President Mario Draghi and his colleagues on the ECB council. Despite the fact that European...