FX Hedging Strategy Series

UK CPI unlikely to bother much in BoE’s OBR, Sterling risk aversion bothers only on RR ahead of 23rd votes

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...

Currency War Series

What could drive central banks in US and Japan in Q3’2016 that in turn drives USD/JPY

Jun 13, 2016 08:11 am UTC| Central Banks Insights & Views

The Bank of Japan is expected to stand pat this Thursday. Economic data actually suggest the need for further policy easing. GDP growth rose 1.9% (QoQ SAAR) in 1Q16 after falling -1.8% in 4Q15, meaning no growth over the...

BoJ likely to stay pat on rising global uncertainties

Jun 13, 2016 05:28 am UTC| Commentary Central Banks

The Bank of Japan is expected to remain on hold at its monetary policy meeting scheduled on June 16.This is despite theneed for further policy easing, as suggested by recently released economic data. GDP growth rose 1.9...

Vital Signs Series

Vital Signs: central bankers longing for growth that may not come

Jun 10, 2016 09:20 am UTC| Insights & Views Economy Central Banks

Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data impacting...

Dong Tao: China's central bank likely to keep quantitative easing

Jun 09, 2016 10:52 am UTC| Commentary Central Banks

Chinas CPI grew 2 percent year on year , and its PPI slid 2.8 percent year on year in May, official statistics showed on Thursday. The inflationary pressure is smaller than expected, highlighting the weak domestic...

Currency War Series

Mario Draghi calls for policy supports from other areas in a speech today

Jun 09, 2016 09:06 am UTC| Commentary Central Banks

Speaking at Brussels Economic Forum, in a lecture organized by European Commission, European Central Bank (ECB) chief, Mario Draghi aggressively called for countries to step forward and provide support to ECBs monetary...

Is ECB buying corporate junk bonds?

Jun 09, 2016 08:24 am UTC| Commentary Central Banks

In its March meeting, the European Central Bank (ECB) announced afresh package of stimulus and one measure of that package kicked off yesterday, corporate bond purchases (CBP). While announcing the guidelines, ECB said it...