Currency War Series

BoE to vote unanimously in favour of holding rates, pound to see little impact

Mar 15, 2016 13:54 pm UTC| Commentary Central Banks

Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and is expected to vote unanimously in favour of leaving rates unchanged. The meeting is likely to be a...

Bank of Russia to keep key interest rate on hold

Mar 15, 2016 12:44 pm UTC| Commentary Central Banks

The Russian central bank, during its monetary policy meeting on Friday, is likely to keep its key ate on hold at 11%. The stronger RUB and depreciating RUB volatility are opening space for a softer stance by the central...

BoE to stand pat at Thursday's policy meet, rate hike bets pushed back to early 2017

Mar 15, 2016 10:48 am UTC| Commentary Central Banks

Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and the central bank will undoubtedly retain interest rates at current record lows as the UK economic...

Norges Bank to revise down rate path significantly and cut rates

Mar 15, 2016 09:52 am UTC| Commentary Central Banks

This week Norges Bank will publish its rate decision and a new rate path. The market forecasts a higher possibility of the central bank lower rates to 0.5% from 0.75%. The rate path of central bank from December held more...

Why ECB corporate bond purchase will be more challenging than you think

Mar 15, 2016 08:03 am UTC| Commentary Central Banks

Biggest announcement that has been rocking the market and acting as bullish for European equities is European Central Banks (ECB) inclusion of corporate bonds in its purchase program. Yields are dropping across the...

FX Hedging Strategy Series

RBA likely to lower rates twice in 2016, near-term trajectory of jobless rate critical to monetary policy

Mar 15, 2016 06:09 am UTC| Commentary Central Banks

The Reserve Bank of Australias March Board meeting minutes provided very little new guidance. The minutes revealed the themes discussed, which were very similar to the post-meeting press release below trend domestic...

BOJ offers to lend Y890 bln of JGBs on spot basis through 3/16 as a secondary source of JGBs (Offer in the afternoon)

Mar 15, 2016 04:52 am UTC| Central Banks

The Bank of Japan said it offered in the afternoon to lend 890 billion yen in Japanese government bonds (JGBs) as a secondary source of supply of some issues for settlement today under an agreement expiring on...