FxWirePro: The Day Ahead- 30th November, 2016
Nov 30, 2016 04:50 am UTC| Commentary Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ business confidence marginally declined to 20.5 in November. ANZ...
Robust services sector will continue to underpin Canada’s economy - BOC’s Poloz
Nov 29, 2016 14:55 pm UTC| Commentary Economy Central Banks
Bank of Canada (BOC) Governor Stephen Poloz during the press conference said that robust services sector will continue to underpin Canadas shaky economy and help return to full capacity. Canada is primarily driven by...
Nov 29, 2016 12:47 pm UTC| Central Banks Commentary
After the mini-devaluation in August 2015, the PBoC begam to allow the renminbi to move quicker in the direction of market forces, but it has been able to control the speed of convergence by FX interventions and capital...
Nov 29, 2016 12:37 pm UTC| Central Banks Research & Analysis
Exactly ayear ago, USDCNY was trading at 6.3180 (Nov2015) thats when (November/January 2015) the pair saw a sharp fall by the Yuan, but since April, the tactic has shifted to a slower move that has ruffled remarkably few...
MXN to remain under pressure, another 50bp rate hike from Banxico likely in December
Nov 29, 2016 11:05 am UTC| Insights & Views Economy Central Banks
As large MXN sell-off following the U.S. Presidential Elections fueled inflation fears, Banxico raised its overnight rate by 50bps to 5.25 percent in line with market expectations at its November 18th policy meeting. In...
Nov 29, 2016 08:50 am UTC| Research & Analysis Central Banks
Please be noted that the priceof precious yellow metal has always been US rates sensitive commodity. And Fed is most likely to hike in this December meeting. The gold price is down over 14% from the recent highs of...
FxWirePro: The Day Ahead- 29th November, 2016
Nov 29, 2016 05:11 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Germany: Import price index for October will be released at 7:00 GMT. HICP inflation...
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Labour can afford to be far more ambitious with its economic policies – voters are on board
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