Fed Hike aftermath Series: Hike probabilities over coming meetings
May 07, 2018 05:20 am UTC| Commentary Central Banks
FOMC increased interest rates in March and maintained its forecast for three rate hikes in 2018. FOMC also forecasted a faster pace of hikes next year than previously forecasted. March decision was unanimous. Current...
FxWirePro: The Day Ahead- 7th May 2018
May 07, 2018 05:11 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: Australia: National Banks business confidence index rose to 10 I April from 8 in...
RBNZ seen keeping the OCR unchanged at 1.75 pct, to retain a cautious approach: ANZ Research
May 04, 2018 05:05 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is expected to leave the Overnight Cash Rate (OCR) unchanged at 1.75 percent at its monetary policy meeting, scheduled to be held next Thursday.This is the first Monetary Policy...
FxWirePro: The Day Ahead- 4th May 2018
May 04, 2018 04:27 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: China: Caixin services PMI rose to 52.9 in April. Upcoming: France: Trade...
Norges Bank stands pat in May, likely to hike interest rate in September
May 03, 2018 16:50 pm UTC| Commentary Central Banks
Norwegian central bank, Norges Bank, kept its policy rate on hold today, as widely anticipated. There was no rate path only the Boards assessment of the development since the March rate path. The main conclusion was that...
FOMC Monetary Policy May 2018: Assessing future bias from statement
May 03, 2018 06:16 am UTC| Commentary Central Banks
As expected, the policymakers at FOMCmade no changes to the monetary policy at yesterdays meeting. Current Federal funds rate target 150-175 basis points. Lets first assess the bias in monetary policy statement...
FxWirePro: The Day Ahead- 3rd May 2018
May 03, 2018 05:06 am UTC| Commentary Central Banks
Lots of economic data and events scheduled for today, and some with high volatility risks associated. Data released so far: Australia: March trade balance came at $1.527 billion. Building permits grew 2.6 percent...