RBA maintains 2016 inflation and growth projections, lowers 2017 growth forecast
Feb 05, 2016 06:04 am UTC| Commentary Central Banks
The RBA has kept the key inflation and growth projections unchanged for 2016. It has moderately lowered its projections for 2017 growth to 2.5%-3.5% from its earlier estimate of 3%-4%. The central bank has kept its 2017...
February UK MPC Minutes-slightly dovish than expected
Feb 04, 2016 15:56 pm UTC| Commentary Central Banks
The Bank of England delivered more dovish signals than expected at todays Super Thursday. The central bank said its policy committee members voted 9-0 to keep interest rates on hold . The BoE also released quarterly...
Feb 04, 2016 13:54 pm UTC| Technicals Central Banks
The Bank of England has upheld its monetary policy stance unchanged, standing pat on the official Bank Rate at 0.5% and the APF at 375bn. More importantly, the split of the vote for the bank rate decision has changed.As...
Ian McCafferty: twice hawk, twice fail
Feb 04, 2016 12:26 pm UTC| Commentary Central Banks
Bank of Englands (BOE), only vocal hawk disappeared today again. Ian McCafferty dropped his call for immediate rate hike and Bank of Englands Monetary Policy Committee (MPC) is united again in their vote. 9-0 in favor of...
FED watch: Watch out for Loretta Mester tonight
Feb 04, 2016 11:10 am UTC| Commentary Central Banks
After New York FED president jolted markets, especially Dollar last night, watch out for speech from Cleveland FED President Loretta J. Mester tonight. Last night William Dudleys comments that financial conditions have...
Another Super Thursday from BOE
Feb 04, 2016 11:09 am UTC| Commentary Central Banks
BOE super Thursday is back. Thanks to Bank of Englands (BOE), mega releases and events. Today, Bank of England (BOE) will announce its regular monetary policy along with minutes. What make today special is quarterly...
FxWirePro: aussie turns higher, RBA monetary policy in focus
Feb 04, 2016 09:34 am UTC| Technicals Central Banks
The Aussie continued to add further gains and made new intraday high at $0.7218 levels. Pair is currently trading at $0.7207 levels, made intraday low at $0.7153 levels. On the other side, heavy USD sell-off...
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