BoJ seems committed to keep 10-year yields at zero pct, likely to keep policy rate steady
Dec 16, 2016 11:08 am UTC| Central Banks Commentary
The Bank of Japan is expected to release its two-day monetary policy meeting decision onTuesday, December 20. It is widely expected to keep its benchmark interest rate unchanged at -0.10 percent while continue to buy at 80...
Dec 16, 2016 09:40 am UTC| Research & Analysis Central Banks
The combination of the OPEC deal and the prospect of cuts by non-OPEC producers was a better-than-expected outcome for oil and our commodity strategists stay bullish, looking for Brent to reach $60/bbl in December...
Bank of Mexico hikes key interest rate by 50bps to offset inflation risk
Dec 16, 2016 09:15 am UTC| Commentary Central Banks
The Bank of Mexico, yesterday, followed the Fed action and hiked its key interest rate. The Mexican central bank hiked its rate by a 50 basis points to 5.75 percent. Expectations were for the Banxico to raise rates by 25...
Bank Indonesia keeps policy rate unchanged, likely to deliver rate cut in 2017
Dec 16, 2016 09:06 am UTC| Central Banks Commentary
Bank Indonesia (BI), led by Governor Agus Martowardojo kept is policy rate unchanged at the monetary policy meeting held Thursday, while leaving room for a rate cut in the upcoming new year. BI left the benchmark...
FxWirePro: NZD/USD 3m IV skews move in sync with FED’s forward guidance – ATM delta puts for hedging
Dec 16, 2016 08:29 am UTC| Central Banks Research & Analysis
Please be noted that the 3m IV and skews of NZDUSD is pretty much in tandem with FEDs forward guidance. By that, we mean dollar would gain considerably against NZD in Q12017. NZDUSD 1-3 month: Below 0.6970. The US...
FxWirePro: The Day Ahead- 16th December, 2016
Dec 16, 2016 05:24 am UTC| Commentary Economy Central Banks
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Wholesale price index figure for November will be reported at 7:00...
Eurozone QE creates breathing space – here's what governments must do now
Dec 16, 2016 02:44 am UTC| Insights & Views Central Banks
The European Central Banks announcement of a potentially indefinite, albeit tapered, extension of its quantitative easing (QE) programme appears very different to what is happening elsewhere. The US halted its programme...
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects