FOMC likely to hike interest rate in March; second hike to follow in 2Q17, says OCBC Bank
Mar 06, 2017 05:52 am UTC| Commentary Economy Central Banks
It all started with Federal Reserve Chair Janet Yellen insisting that all meetings are live. Recent Fed rhetoric also accentuated the newfound hawkishness, even for some known doves. This week saw Brainard, Williams and...
FxWirePro: The Day Ahead- 6th March 2017
Mar 06, 2017 03:30 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: Australia: TD securities inflation is down 0.3 percent in February, up 2.1...

Reserve Bank of Australia policy meet - Preview
Mar 03, 2017 12:04 pm UTC| Insights & Views Central Banks
The Reserve Bank of Australia (RBA) issues a policy decision on Tuesday, 7th March and no changes are expected in the policy with the cash target rate remaining at 1.5 percent. After a shocking -0.5 percent fall in Q3...

FxWirePro: EONIA bulls flattened ahead of French election risks
Mar 03, 2017 09:11 am UTC| Central Banks
The EONIA curve bull flattened with a notable outperformance of post 5Y forwards (refer above diagram). The dynamic was different relative to the German curve, where the large outperformance of Schatz led to bull...
Global Reflation Series: ECB reaches target; Japan’s core back to positive
Mar 03, 2017 08:02 am UTC| Commentary Economy Central Banks
Yesterdays data released from Japan and the Eurozone presented evidencethat inflation is gaining traction globally. Flash number released yesterday from Eurozone showed that inflation is set to reach the European Central...

Fed Rate Hike Expectations Fast Forwarded
Mar 03, 2017 07:37 am UTC| Commentary Central Banks
Past seven days have been extraordinary in terms of rate hike expectations from the US Federal Reserve. As all policymakers spoken this week suggested faster rate hikes in 2017, sooner than themarket is expecting, the rate...

Mar 03, 2017 07:36 am UTC| Central Banks Commentary
The Chinese February Caixinservices PMIeased back in Jan to 53.1 from 53.4 in Dec. The Feb NBS Services PMI has already been released and indicated a drop from 53.5 to 53.2. Since the inauguration on January 20,...