Fed Hike Aftermath Series

Fed Hike Aftermath Series: Rosengren talks hawk

Jan 10, 2017 06:49 am UTC| Commentary Central Banks

After Dallas Fed President Robert Kaplan and Chicago Fed President Charles Evans elaborated their hawkish outlook, it was Boston Fed President Eric Rosengren yesterday who discussed the need for a faster rate hikes in...

FxWirePro: The Day Ahead- 10th January 2017

Jan 10, 2017 05:22 am UTC| Commentary Central Banks Economy

Sizable numbers of economic data and events scheduled for this week but all with low to medium risks associated. Data released so far: United Kingdom: BRC shop price index rose by 1 percent in...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Members more hawkish

Jan 09, 2017 12:15 pm UTC| Commentary Central Banks

The US Federal Reserve might turn out as a more hawkish one in 2017 compared to 2016, not just b because it forecasted a higher number of interest rates just like it did in the past two years but because it might actually...

MNB likely to maintain accommodative policy stance, EUR-HUF likely at 315.00 over the coming quarter

Jan 09, 2017 11:40 am UTC| Insights & Views Economy Central Banks

Following two months of decline, Hungarian industrial production growth returned to positive in November. However, growth was capped at just 0.6 percent, in both adjusted and non-adjusted terms, data from the statistics...

Renminbi Series: HIBOR crashes, so does yuan

Jan 09, 2017 08:50 am UTC| Commentary Central Banks

The interbank rate to borrow yuan for overnight loans crushed from a near record high of 61.3 percent on Friday to 14.05 percent on Monday. The rate is still elevated compared to the historical average, which is around 1-2...

FxWirePro: Trump’s protectionism threatens more Mexican peso depreciation while Banxico renders momentary cushion – DDCS to hedge USD/MXN

Jan 09, 2017 07:45 am UTC| Central Banks

In the recent past MXN eased remarkably against the dollar. This was majorly due to the appointment of important posts for the US Department of Commerce which underpins the protectionist approach of the future US...

Fundamentals to watch out for this week

Jan 09, 2017 07:19 am UTC| Commentary Economy Central Banks

This week is relatively less risk heavy due to an absence of major economic data and events. Nevertheless, there are some events scheduled this week that you might want to keep a tab on. What to watch for over the...