FxWirePro: Aussie Still Fragile Amid Interim Rallies – Stay Hedged In AUD/USD Ahead Of FED And RBA
Apr 29, 2020 10:59 am UTC| Research & Analysis Central Banks Insights & Views
Snippets of FED USD projections:The US central bank has put an enormous aid programme for the fight against the corona crisis in place. Not only the volume is impressive but also the central bankers reaction time has been...
Apr 28, 2020 13:18 pm UTC| Research & Analysis Central Banks Insights & Views
This week, major central banks of G7-bloc are scheduled for their respective monetary policies. Fed, ECB, BoJ, SNB, BoE are at comparatively expansionary levels who remain under pressure to expand even more with the...
Riksbank keeps monetary policy unchanged, repo rate likely to be kept on hold going forward
Apr 28, 2020 12:29 pm UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its monetary policy unchanged today, as expected. The rate path is flat at 0.0 percent throughout the forecast horizon. Nevertheless, the endpoint of rate path is as early as the...
Apr 24, 2020 10:55 am UTC| Research & Analysis Insights & Views Central Banks
The IHS Markit Eurozone Manufacturing PMI fell to 33.6 in April of 2020 from 44.5 in March and below market expectations of 39.2, preliminary estimates showed. Figures pointed to the biggest drop in factory activity since...
Apr 23, 2020 12:33 pm UTC| Research & Analysis Central Banks Insights & Views
Yesterdays CBTs MPC meeting could have gone in one of two ways: we held an original base view that CBT would cut the benchmark rate by 100bp; but we later revised this to 50bp because the lira was weakening exponentially...
Apr 22, 2020 14:59 pm UTC| Research & Analysis Central Banks Insights & Views
Singapore will extend the circuit breaker ala lockdown by four weeks to 1-June. The sensational headlines will read that Singapore has lost control of the fight on Covid-19 as the number of cases shot up 9-fold to above...
FxWirePro: Brazilian Lira Seems Edgy On BCB Rate Cut Speculation – Hedge USD/BRL Via Optionality
Apr 21, 2020 15:19 pm UTC| Research & Analysis Central Banks Insights & Views
Following its last rate meeting the Brazilian central bank did not give the impression that it was going to cut interest rates further. In March it had cut its key rate by 50bp to 3.75% and had said in its statement that...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects