FxWirePro: Dovish Carney pushes pound lower

Jun 20, 2017 08:10 am UTC| Commentary Central Banks

The British pound is taking a hit this morning as the Governor of Bank of England (BoE) pushes back against the doves at the Monetary Policy Committee (MPC). Earlier this month, the market was surprised as three of the MPC...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: key comments from Charles Evans

Jun 20, 2017 07:44 am UTC| Commentary Central Banks

The President of the Chicago Fed, Charles Evans has taken a relatively softer stance compared to his colleague, the New York Fed President William Dudley, who painted an upbeat outlook with regard to the economy and...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Key comments from William Dudley and hike bets

Jun 20, 2017 07:31 am UTC| Commentary Central Banks

FOMC policy-maker William Dudley, the President of the New York, who has a permanent seat at the rate-setting committee expressed an upbeat outlook with respect to the U.S. economy. Speaking in Plattsburg, New York, Mr....

FxWirePro: The Day Ahead- 20th June 2017

Jun 20, 2017 05:26 am UTC| Commentary Central Banks

Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: House prices in Australia rose by 2.2 percent in the first quarter, up...

Central Banking Series

Fed's tightening plans could be in jeopardy if weakness in inflation and retail sales continues

Jun 19, 2017 11:58 am UTC| Insights & Views Economy Central Banks

Despite the unexpected dip in US consumer Price Index and drop in retails sales in May, the Federal Reserve went on to raise US benchmark interest rate for the second time in three months and also forecasted one more rise...

FxWirePro: UST yields propel Aussie dollar’s momentary spikes but China and global trade to hamper momentum and indicates slumps

Jun 19, 2017 07:17 am UTC| Central Banks Insights & Views

The US dollar and bond yields pulled back after some weak US data. Equities remained elevated, though, the DJIA making a fresh record closing high. We see positive momentum remains intact, 0.7640 the immediate target...

Central Banking Series

BSP likely to remain on hold this week, expansionary fiscal stance to sustain in medium-term: DBS Bank

Jun 19, 2017 06:50 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to leave rates unchanged this week. But surely it wont be long before the eventual hike. Public spending spurred strong investment growth in the economy. Investment growth has...