FxWirePro: What is driving BRICS currencies and hedging vehicles (episode 1)
Mar 23, 2018 11:52 am UTC| Research & Analysis Central Banks Insights & Views
BRL: Since it was widely anticipated that the Brazilian central bank (BCB) would most likely cut its key rate again. Therefore the decision on Wednesday did not surprise. Nevertheless, the fact that the BCB mentioned a...
FxWirePro: The Day Ahead- 23rd March 2018
Mar 23, 2018 05:39 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today, and some with high volatility risks associated. Upcoming: Greece: January current account balance report will be released at 9:00 GMT. United States:...
Bank Indonesia likely to keep rate on hold through 2018
Mar 22, 2018 19:11 pm UTC| Commentary Central Banks
Bank Indonesia maintained its policy rate at 4.24 percent today, as was widely anticipated. The narrative of the policy statement and the underlying macro forecasts were widely the same as the earlier statement. The...
Philippine central bank unlikely to tighten monetary policy in near future
Mar 22, 2018 18:06 pm UTC| Commentary Central Banks
The Philippine central bank kept its policy tools on hold today, consistent with market expectations. The Bangko Sentral ng Pilipinas maintained its interest rate corridor at 2.50 percent, 3.00 percent, and 3.50 percent...
Bank of England keeps interest rate on hold
Mar 22, 2018 17:02 pm UTC| Commentary Central Banks
Bank of Englands policy announcement today sounded a more hawkish note, as expected. Even if the Bank Rate was kept on hold at 0.5 percent, the decision was not unanimous, with two external committee members voting in...
Mar 22, 2018 12:48 pm UTC| Research & Analysis Central Banks
The Fed is sticking to its rate normalization path (hiked with 25 bps, signaled 2 more to go in 2018), on the flip side, for most of Asia, they are in no hurry to play follow the leader. Weve received the central bank...

Mar 22, 2018 10:41 am UTC| Research & Analysis Central Banks Insights & Views
The Bank of England is unlikely to increase rates today. However, we do expect a rate rise of 0.25% in May and will be looking to see whether it signals that intention today. Ahead of the November meeting, the BoE signaled...