Philippine central bank cuts Overnight Repurchase Rate by 25 bps to 4 pct
Sep 26, 2019 12:54 pm UTC| Commentary Central Banks
The Philippine central bank, BSP, lowered its Overnight Repurchase Rate by 25 basis points to 4 percent today, as was widely expected. The rates on the corridor were adjusted accordingly. BSPs views prospects for global...

FxWirePro: Bearish/Bullish Scenarios, OTC Outlook of AUD/USD and Hedging Perspectives Ahead of RBA
Sep 26, 2019 11:26 am UTC| Research & Analysis Central Banks
Bearish AUDUSD scenarios below 0.65 levels if: 1) the RBA cuts rates more quickly than we expect; 2) Fed rate cuts are no longer sufficient to prevent the US from entering recession; 3) the trade conflict between...
Fed, ECB and BoJ likely to adopt 2 more rate cuts by March next year, says Barclays Research
Sep 26, 2019 10:46 am UTC| Commentary Central Banks Economy
The Federal Reserve, European Central Bank (ECB) and the Bank of Japan (BoJ) are all expected to adopt two more rate cuts by 25bp to 1.25-1.50bp, by 10bp to -0.70 percent and to -0.30 percent respectively, according to the...

FxWirePro: Bearish AUD Trades Setup Ahead of Dovish RBA
Sep 26, 2019 08:25 am UTC| Research & Analysis Central Banks
Poor visibility on US-China talks and an extended period of disappointing data keepus defensive, even though some metrics of global growth momentum have stabilized. PMIs and trade talks will be key in the coming...

FxWirePro: Spotlight on Bearish Antipodeans – Load-up Aussie Shorts via RVs; Kiwis Via Optionality
Sep 25, 2019 12:24 pm UTC| Research & Analysis Central Banks
The RBNZ has maintained the status-quo in its monetary policy today. Kiwis central left the OCR unchanged at 1.0% at todays OCR Review as widely anticipated. The press release suggested that the RBNZ does not currently see...
Bank of Thailand keeps interest rate on hold at 1.5 pct, likely to cut by 25 bps by end-2019
Sep 25, 2019 11:30 am UTC| Commentary Central Banks
The Bank of Thailand kept its policy rate on hold today at 1.5 percent in a unanimous vote. However, the central bank cut its growth forecast for this year to 2.8 percent from 3.3 percent. The BoT also lowered its 2020...

RBNZ Maintains Status-quo, FxWirePro Upholds NZD/JPY Hedging and Trading Portfolios
Sep 25, 2019 10:31 am UTC| Research & Analysis Central Banks
As expected, the RBNZ left the OCR unchanged at 1.0% at todays OCR Review. The press release suggested that the RBNZ does not currently see a need to cut the OCR further. Theoverall assessment was that the outlook for...