Bank Negara Malaysia likely to keep the OPR at 3.00 pct for the rest of the year, says DBS Bank

Jul 17, 2017 05:27 am UTC| Commentary Central Banks Economy

Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 3.00 percent in the recent policy review. The authority acknowledged the better than expected economic performance thus far amid an improving global...

FxWirePro: Macro FX themes and low beta formats

Jul 14, 2017 11:20 am UTC| Central Banks Research & Analysis Insights & Views

The semi-annual Congressional testimony of Fed chair Janet Yellen was the most important event of this week so far. Not surprisingly, it did not reveal anything new in comparison to the minutes of the FOMCs June meeting:...

FxWirePro: Yellen’s dovish testimony to bolster constructive EMFX – Buzzing derivatives trades

Jul 14, 2017 07:26 am UTC| Central Banks Research & Analysis Insights & Views

The semi-annual Congressional testimony of Fed chair Janet Yellen was the most important event of this week so far. Not surprisingly, it did not reveal anything new in comparison to the minutes of the FOMCs June meeting:...

Bank of Korea remains on hold in July, gradual normalization likely in near future

Jul 13, 2017 22:13 pm UTC| Commentary Central Banks

As widely expected, the Bank of Korea remained on hold on Thursday; however, the market is curious to know how the central bank would comment on the current economic situation, noted Commerzbank in a research...

Bank Negara Malaysia looks beyond inflation spike, likely on hold till end-2017

Jul 13, 2017 11:51 am UTC| Insights & Views Central Banks

Malaysias central bank kept its benchmark rate unchanged today as expected. The central bank held rates unchanged at 3 percent despite higher inflation as it sees the economy maintaining steady growth and inflation spike...

Use of FxWirePro’s KO options strategy serves cost effective optimal hedging after BoC’s action

Jul 13, 2017 08:22 am UTC| Research & Analysis Central Banks Insights & Views

The loonie keeps flying after BoCs rate hikes of 25 bps. The CAD was near 13-month highs after its countrys central bank hiked interest rates. Weve seen breach below 1.29 levels as anticipated. And accordingly, weve...

BOC monetary policy decision: Assessing future bias

Jul 13, 2017 08:07 am UTC| Commentary Central Banks

Bank of Canada (BOC) as expected, increased interest rates by 25 basis points after signaling such a move since early June. But how the bank is planning for future? Lets asses the bias in the monetary policy...