FOMC monetary policy January 2017: Assessing future bias
Feb 02, 2017 05:22 am UTC| Commentary Central Banks
Yesterday, FOMC policymakers preferred to keep policy steady and not to go for a hike. This was somewhat expected given the fact that Fed hikes rates in December last year. Lets first assess the bias in monetary policy...
FOMC keeps fed funds rate on hold, committee to closely monitor inflation and financial developments
Feb 02, 2017 05:08 am UTC| Economy Central Banks Commentary
The Federal Open Market Committee (FOMC) kept its fed funds rate steady at 0.50-0.75 percent range, widely in line with market expectations. As was the case in December, the statement noted that near-term risks to the...
FxWirePro: The Day Ahead- 2nd February 2017
Feb 02, 2017 03:53 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Trade balance improves to 3.51 billion with exports rising 5 percent and...

Feb 01, 2017 14:10 pm UTC| Economy Central Banks
Januarys manufacturing PMI dipped to 55.9 from 56.1 in December, exactly in line with both our and consensus expectations. Despite the mild dip, the headline balance remains well above its historic average of 51.6 and the...

RBA likely to stay on hold at Feb. 7 meet amid global uncertainties
Feb 01, 2017 12:37 pm UTC| Insights & Views Central Banks
The Reserve Bank of Australia (RBA) is expected to hold its first monetary policy meeting of 2017 on February 7, where it is widely expected to maintain its bank rate at a historic low of 1.50 percent despite global...
UK year-ahead CPI expectations rise to 2.6 pct: Citi/YouGov poll
Feb 01, 2017 12:20 pm UTC| Economy Central Banks
The United Kingdoms expectations for consumer inflation rose to their highest level over the coming year in just nearly 3-years, a monthly survey by bank Citi and polling firm YouGov showed on Wednesday, reported by...
FxWirePro: The Day Ahead- 1st February 2017
Feb 01, 2017 05:44 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: United Kingdom: BRC shop price indexdeclined1.7 percent y/y in January. Japan: Nikkei...