FxWirePro: UK Geopolitical, BoE MPC Meeting and Sterling’s Hedging Perspectives

Sep 10, 2018 08:40 am UTC| Research & Analysis Central Banks

The major event in this weeks UK economic calendar is the BoEs MPC meetingthat is scheduled on this Thursday. Whilethe political and economic backdrop remains momentarily constructive of sterlings underperformance....

Fed Hike aftermath Series: Hike probabilities over coming meetings

Sep 10, 2018 05:44 am UTC| Commentary Central Banks

FOMC increased interest rates in March and June and increased its forecast from three rate hikes in 2018 to four rate hikes. June decision was unanimous. Current Federal funds rate - 175-200 bps (Note, all calculations are...

ECB’s September 13 policy meeting likely to be uneventful, no new policy signals: Danske Bank

Sep 07, 2018 07:51 am UTC| Commentary Central Banks Economy

The European Central Bank (ECB) is not expected to deliver any new policy signals, thus rendering the upcoming meeting on September 13 to be an uneventful one, according to the latest research report from Danske...

BOC monetary policy decision: Assessing future bias

Sep 06, 2018 13:08 pm UTC| Commentary Central Banks

Bank of Canada (BOC) at yesterdays meeting kept the interest rate at 1.50 percent. Overnight rate is at 1.50 percent, bank rate at 1.75 percent, and the deposit rate at 1.25 percent. But how the bank is planning for the...

Bank of Canada keeps key interest rate on hold

Sep 05, 2018 18:59 pm UTC| Commentary Central Banks

Canadian central bank, the Bank of Canada, maintained its key interest rate at 1.50 percent today, coming in line with expectations. The accompanying statement saw a slightly hawkish note, suggesting that the next rate...

FxWirePro: USD/CAD in bullish mood as focus looming on trade negotiation rather than BoC – Diagonal bull put spreads for smart hedge

Sep 05, 2018 12:15 pm UTC| Research & Analysis Central Banks Insights & Views

The Bank of Canada will be cautious at its meeting today and will hope that the NAFTA negotiations can be concluded successfully, which would then give it scope for further rate hikes. That means that for the Canadian...

Bank Negara Malaysia keeps key interest rate on hold, likely to maintain ‘neutral’ tone in 2018

Sep 05, 2018 11:53 am UTC| Commentary Central Banks

Malaysian central bank, Bank Negara Malaysia, kept its Overnight Policy Rate (OPR) on hold at 3.25 percent today. The accompanying statement comes across as neutral, though it notes downside risks on the external front...