FxWirePro: Forbes effect likely to be limited on pound

Mar 17, 2017 09:50 am UTC| Commentary Central Banks

Kristin Forbes, one of the members of Bank of Englands (BoE) monetary policy committee (MPC) surprised the market by voting for a rate hike. The market was surprised in two fronts; first on the voting by Ms. Forbes and...

Central Banking Series

Poland central bank likely to hold rates steady this year as inflation remains disappointing, says Fitch Ratings

Mar 17, 2017 08:44 am UTC| Commentary Central Banks Economy

The Polish central bank is expected to hold rates steady at 1.5 percent for the rest of this year, as the countrys rate of inflation remains well below the central banks targeted range of 2.5 percent. However, the rates...

FxWirePro: Bund short call review

Mar 17, 2017 08:42 am UTC| Commentary

This is yet another review of our previous call, given out in October last year to short the 10-year bund at abreakout of 162.5 with an initial target of 160 area and subsequent longer-term target of 153. The article is...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Hike odds post March FOMC

Mar 17, 2017 08:03 am UTC| Commentary Central Banks

As expected, the US Federal Reserve hiked interest rate by 25 basis points in its March meeting. However, aside from the rate hike, there were no major changes in the FOMC forecast or statement, except for few minor...

Indonesia likely to witness further pick-up in 2017 and 2018, driven by higher public investments: Fitch Ratings

Mar 17, 2017 07:20 am UTC| Commentary Economy

Indonesias GDP grew 5.0 percent in 2016, only slightly below what Fitch expected in its last GEO. Growth edged up a bit higher in 2016 as headwinds from activity in commodity-related sectors started to fade. Iron ore...

French election: Comparing Le Pen and Geert Wilders would be mistake

Mar 17, 2017 07:19 am UTC| Commentary

Liberals all around the world are relieved after Geert Wilders PVV came in second place in this weeks Dutch election, especially after a disastrous 2016, when they suffered three major defeats worldwide; Brexit referendum,...

New Zealand consumer confidence eases in March, still remains above average

Mar 17, 2017 06:40 am UTC| Commentary Economy

New Zealands consumer confidence eased during the month of March, although still remaining above the average. The data continues to signal a good tempo for spending trends and economic momentum. The ANZ-Roy Morgan...