FxWirePro: After US polls, Trump’s inaugural and FOMC, what could drive USD vols?
Feb 03, 2017 07:29 am UTC| Research & Analysis Insights & Views Central Banks
Softer vols may prove a momentary soft patch as the Dow Jones broke the symbolic threshold of 20000 last week, bears resume again claw back to 19885 during earlier European session, tripling in nominal value since the lows...
PBoC hikes short-term market interest rates, may adopt flexible interest rate regime in 2017
Feb 03, 2017 07:25 am UTC| Commentary Central Banks
The Peoples Bank of China raised short-term market interest rates today. It repriced the short-term funding costs by hiking the 7-day reverse repo rate by 10 basis points from 2.25 percent to 2.35 percent. This move by the...
Czech National Bank keeps policy rate unchanged, revises up inflation forecast
Feb 03, 2017 06:47 am UTC| Commentary Economy Central Banks
The Czech National Bank (CNB) left policy rates unchanged and maintained the EUR/CZK floor at 27 in a unanimous decision at its monetary policy meeting on February 2. The CNB reiterated its plan to exit from the EUR/CZK...
Feb 03, 2017 06:42 am UTC| Commentary Central Banks
Denmarks central bank has not intervened in the currency market in the month of January. The FX reservesThe Danish krone is trading a bit weaker; however, it is still at strong level against the euro. The Danish central...
FxWirePro: FOMC hawks and European politics to stimulate USD OTC functionality
Feb 03, 2017 06:37 am UTC| Central Banks
The dollar relinquished gains after the Fed left rates on hold and failed to provide any clues for the timing of the next rate increase. But the center of FOMC lining up closer to Lacker, hawks for December. FOMC...
FxWirePro: The Day Ahead- 3rd February 2017
Feb 03, 2017 05:19 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ commodity prices declined 0.1 percent in January. Japan: Markit...
Minutes from the Bank of Japan December 19 & 20 meeting
Feb 03, 2017 00:00 am UTC| Central Banks
Most members shared view momentum for Japans inflation to reach 2 pct inflation was being maintained Some members said factors that would support rise in prices going forward had been increasing One member said recent...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects