BOJ monetary policy: Assessing future bias
Jul 29, 2016 06:42 am UTC| Commentary Central Banks
Bank of Japan (BoJ) braved the market and more specifically Yens strength and kept the policy almost unchanged, except for few minor tweaks The bank will keep purchasing the outstanding JGBs at the pace of 80...
FxWirePro: The Day Ahead- 29th July 2016
Jul 29, 2016 04:26 am UTC| Commentary Economy Central Banks
Lots of economic dockets scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ business confidence declined to 16 in June from 20.2 in May. ANZ activity outlook...
RBNZ determined to weaken the kiwi
Jul 28, 2016 13:31 pm UTC| Commentary Central Banks
As early as June the Reserve Bank of New Zealand (RBNZ) made it clear that it will cut the key rate one more time should NZD not depreciate. Kiwi remains fairly well bid despite the Feds upbeat assessment of the US economy...
Jul 28, 2016 12:52 pm UTC| Research & Analysis Insights & Views Central Banks
Please have a glance IVs of Yen crosses (see highlighted portion of yen crosses), 1W ATM tenors have spiked above 22% almost all yen crosses, and this turbulence in OTC market is majorly due to tomorrows monetary policy...
BoJ shouldn’t act like hostage to financial markets
Jul 28, 2016 12:09 pm UTC| Commentary Central Banks
The Bank of England (BoE), European Central Bank (ECB), Reserve Bank of Australia (RBA), and the U.S. Federal Reserve all has stayed away from taking any action over the UK referendum, there is apparently no reason that...
Russian central bank likely to remain on hold due to inflationary pressures
Jul 28, 2016 11:07 am UTC| Commentary Central Banks
The Central Bank of Russia (CBR) is largely expected to remain on hold at its monetary policy meeting scheduled to be held on July 29, following higher-than-targeted inflationary pressures that would restrict the bank from...
Fundamental Evaluation Series: USD/CHF vs. yield divergence review
Jul 28, 2016 11:07 am UTC| Commentary Central Banks Economy
In recent days, Swiss francs correlation with the 2-year yield spread (US-Swiss 2 year) has dropped to 25 percent but time on time again it shows relatively high positive correlation, as high as 80 percent at times. Just...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects