
Minutes show ECB cautiously optimistic at July meet, may announce fresh policy measures in September
Aug 19, 2016 10:52 am UTC| Insights & Views Central Banks Economy
The minutes from the ECB meeting July 20-21 showed the central bank was cautiously optimist and keen to contain stimulus hopes at meeting after Brexit vote. There was general agreement among the ECB Governing Council on...
FOMC members hint on rate hike deferral while Mexican Peso banks on Fed’s minutes to drag gains
Aug 18, 2016 12:03 pm UTC| Economy Central Banks
The FOMC would like to see more hard data which indicate that the US economy is really heading for a growth rate of 2% and that inflation is accelerating towards the 2% target as well. Yesterdays release of the FOMC...

FOMC members divided, minutes provide no hard clues about the timing of the next rate hike
Aug 18, 2016 11:34 am UTC| Insights & Views Economy Central Banks
US Federal Open Market Committee minutes released overnight highlight that officials are divided, with no clear indication of when the central bank will hike next. The minutes showed that members were generally upbeat...

Aug 18, 2016 07:30 am UTC| Central Banks Commentary
Last months ECB meeting was surprisingly muted, with most members of the Governing Council appearing to opt for a wait-and-see approach after the Brexit referendum. The minutes released today could nevertheless provide...
Minutes shows considerable divisions in FOMC
Aug 18, 2016 07:02 am UTC| Commentary Central Banks
July was a meeting where only Kansas City Fed President Esther George voted in favor of a rate hike; however, the minutes released yesterday shows deep divisions among policymakers, which left the door open for a rate hike...
War between FX vols, central banks, EMs and hedging costs
Aug 17, 2016 13:47 pm UTC| Central Banks
FX volatilities currently trade at higher levels than before but we have to realize that previous abnormally low levels in 2014 were the exception, not the rule. Hedging costs increased partly because of higher FX...

UK's first hard data post-Brexit don’t show much impact yet, likely to keep BoE on hold at Sept meet
Aug 17, 2016 12:04 pm UTC| Insights & Views Economy Central Banks
The first set of UKs hard data from the post-referendum period do not show any major impact from Brexit yet and hence is likely to keep the Bank of England (BoE) on hold at its September 15 meeting. A survey by...