US Treasuries vulnerable to short-term selling pressure on Fed members' hawkish comments
May 24, 2016 12:14 pm UTC| Insights & Views Central Banks
Federal Open Market Committee (FOMC) prepares for a critical interest rate decision in three weeks. FOMC minutes from the April meeting released last week opened the door to a rate hike in June, roiling financial markets....
FED hike aftermath Series: Hike probabilities review
May 24, 2016 07:49 am UTC| Commentary Central Banks
In recent weeks, several U.S. Federal Reserve Policymakers have commented on a relatively hawkish tone, suggesting market participants are pessimistic on hikes and they could see two to three rate hikes this year. In...
Patrick Harker joins FOMC hawk band
May 24, 2016 07:15 am UTC| Commentary Central Banks
Patrick Harker, President of Federal Reserve Bank of Philadelphia, said on Monday that he could easily see FED raising interest rates two to three times this year, joining the band of policymakers at U.S. Federal Reserve...
Fed Hike Aftermath Series: FT survey shows hike expectations still divided but growing
May 23, 2016 08:25 am UTC| Commentary Central Banks
Financial Times survey on leading 53 economists, shows that rate hike expectations have grown but economists still remain well divided over the issue. Kindly note, all numbers are squared to closest decimal...
Key comments from Fed's Eric Rosengren
May 23, 2016 07:49 am UTC| Commentary Central Banks
Speaking with Financial Times, Boston FED chief, Eric Rosengren said according to him, U.S. economy is on the verge of meeting the criteria, required for a rate hike in June. In recent week, especially in the last one,...
Japan likely to introduce fiscal stimulus package, BoJ expected to further ease monetary policy
May 23, 2016 06:20 am UTC| Commentary Central Banks
During the upcoming G7 summit in Japan on 26-27 May, Japan is likely to lead the flexible fiscal policy management, said Barclays in a research report. Japans public sector expenditure is likely to be normal again post...
Danmarks Nationalbank likely to intervene in FX to support EUR/DKK in coming months
May 20, 2016 12:33 pm UTC| Commentary Central Banks
In April, the Danish central bank did not sell the Danish krone in FX intervention after the EUR/DKK pair dropped to 7.4400. The pair dropped below 7.4400 at the starting of this month. The Danmarks Nationalbank (DN) is...
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