FxWirePro: Swiss foreign reserve surges as SNB banks on the ECB to pave the way

Mar 20, 2017 10:24 am UTC| Central Banks Insights & Views

As the market gradually adjusts to the idea of policy tightening by the ECB, it is useful to consider the options ahead for the Swiss National Bank (SNB). Switzerland is entirely enclosed by the euro area, which is its...

FxWirePro: Canadian economic slack warrants BoC’s status quo – “Diagonal Debit Put Spread” to keep EUR/CAD’s downside risks on check

Mar 20, 2017 09:42 am UTC| Central Banks Research & Analysis Insights & Views

The statement from BoCs March 1st meeting reiterated the point that, unlike the US, Canada was an economy that continues to be beset by material excess economic slack, and thus warrants a policy stance that remains very...

Fundamentals to watch out for this week

Mar 20, 2017 09:10 am UTC| Commentary Central Banks

Not many risk events scheduled for this week, after heavily risk-filled last week. What to watch for over the coming days: Central banks: Several Fed policymakers are scheduled to speak this week after it...

Central Banking Series

Taiwan central bank likely to hold benchmark discount rate at 1.375 pct, says DBS Bank

Mar 20, 2017 06:24 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) is expected to hold the benchmark discount rate at 1.375 percent at its monetary policy meeting, scheduled to be held on March 23 and maintain the view that economic...

FxWirePro: The Day Ahead- 20th March 2017

Mar 20, 2017 04:55 am UTC| Commentary Economy Central Banks

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: United Kingdom: Right move house price index is up 2.3 percent y/y in...

Chart of the Day Series

Chart of the Day: Forbes' effect

Mar 17, 2017 16:50 pm UTC| Commentary Central Banks

British Sterling is in for its first weekly gain since February and its biggest weekly bull run since November last year, thanks to BoE member Kristine Forbes, who surprisingly voted for a hike of 25 basis points at this...

FxWirePro: Intricacies of stern BoJ’s status quo monetary policy

Mar 17, 2017 12:40 pm UTC| Central Banks Insights & Views

The Bank of Japan (BoJ) left its monetary policy unchanged yesterday. Followed by an accompanying statement it appeared optimistic as regards the growth outlook. Owing to rising energy prices the BoJ expects a rise in...