Australia's Q2 inflation outcome likely to be soft enough to keep August rate cut alive
Jul 18, 2016 10:12 am UTC| Insights & Views Economy Central Banks
Australian government releases inflation data on a quarterly basis. Official Australias Q2 CPI data is scheduled to be released on Wednesday, 27th July and are keenly awaited after the extremely weak Q1 print. Australias...
Norges Bank likely to ease policy on subdued growth outlook
Jul 15, 2016 12:49 pm UTC| Commentary Central Banks Economy
Norways central bank, Norges Bank, is banking on an expansionary monetary policy, owing to subdued growth outlook. The Norwegian central bank has cut its key interest rate by 100 basis points to current 0.5 percent since...
Japanese yen may continue to appreciate against USD unless BoJ takes effective measures
Jul 14, 2016 13:03 pm UTC| Commentary Central Banks
At present, the foreign exchange market is uncertain if the Bank of Japan is willing and capable of effectively loosening its monetary policy in a notable manner, noted Commerzbank in a research report. Unless the Japanese...
BoE keeps bank rate and size of asset purchase program unchanged; hints at easing policy in August
Jul 14, 2016 12:00 pm UTC| Commentary Central Banks
The UKs central bank, Bank of England, unexpectedly, maintained the bank rate at record low level of 0.5 percent on Thursday. It also kept the asset purchase programme unchanged at GBP 375 billion. However, the BoE has...
Jul 14, 2016 11:23 am UTC| Commentary Central Banks
The Bank of England (BoE) has kept rates on hold and has also refrained from raising the stimulus package. While it came as a surprise to many, we at FxWirePro werent shocked. Governor Carney has already said that August...
What’s coming from the Bank of England today?
Jul 14, 2016 10:33 am UTC| Commentary Central Banks
Probably nothing. Not because of the fact that the bank isnt prepared to action or the UK economy doesnt need support, it is because of the simple reason that it is too early. It is too early to judge what kind of...
FxWirePro: GBP/CHF debit gamma spreads for risk averse amid BoE interest rate decision
Jul 14, 2016 09:12 am UTC| Insights & Views Central Banks
The market participants are quite certain that the Bank of England (BoE) will lower its key rate by 25bp today. That is not a new realisation. The market held the same view a week ago. We have nonetheless seen a slight...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects