Brexit could trigger joint FX market interventions by major central banks
Jun 15, 2016 15:06 pm UTC| Commentary Central Banks
Latest polls show rising odds that the UK will vote to leave the EU next Thursday. Despite the market having begun to increasingly price in this risk scenario in the last few days, financial markets will be shaken up...
Jun 15, 2016 11:30 am UTC| Insights & Views Central Banks
The concerns over even after Brexit polls remain the key driver for risk sentiment and hence the price actions across most markets seek safe haven avenues in order to dodge turbulence. While on the other continent, FOMC...
FED hike aftermath Series: Hike probabilities review ahead of FOMC
Jun 15, 2016 10:37 am UTC| Commentary Central Banks
Market participants just scaled back their expectations of interest rate rise from the Federal Reserve after Mays payroll report showed job gains of just 38,000 and previous two gains revised down by 59,000. Today,...
PBoC fixes Yuan to weakest since January 2011
Jun 15, 2016 07:18 am UTC| Commentary Central Banks
In the wake of stronger Dollar, the Peoples Bank of China (PBoC) has fixed Yuan exchange rate to lowest since January 2011 that shows the vulnerability of Yuan against Dollar appreciation. Onshore Yuan that is allowed to...
Rising speculation of rate cut by RBNZ keeps Kiwi subdued
Jun 14, 2016 14:55 pm UTC| Commentary Central Banks
The RBNZ held rates and policy last week giving the kiwi a big jump as it remains near the top of its trading range. This week, the bird is likely in for a volatile ride, as markets brace for a slew of local data and major...
Jun 14, 2016 11:06 am UTC| Research & Analysis Insights & Views Central Banks
The G10 FX markets have been wary as the Fed, BoJ, BoE, and SNB are lined up to hold their monetary policy meetings this week. Even though none expects the US rate hike at tomorrows FOMC meeting but the focus will be on...
Jun 14, 2016 07:21 am UTC| Commentary Central Banks
The UK CPI and the US retail sales are in the major focus for the day. Markets will look ahead to important data releases later in this week, as well as a number of major central bank policy announcements have been...
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