FxWirePro: The Day Ahead- 3rd August 2017
Aug 03, 2017 06:16 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: Trade balance dipped to 856 million in June as exports declined by 1 percent...
RBI cuts interest rate by 25 bsp, likely to further lower by 25 bps in October - ANZ
Aug 02, 2017 16:58 pm UTC| Commentary Central Banks
The Reserve Bank of India lowered its policy repo rate on Wednesday. The RBI cut its key interest rate by 25 basis points. Coming against the backdrop of unusually low inflation and sluggish growth, the interest rate cut...
Slower growth likely to keep BoE on hold despite lower unemployment, says Danske Bank
Aug 02, 2017 11:45 am UTC| Commentary Central Banks Economy
Despite slower growth, the Bank of England (BoE) has turned more hawkish recently, as inflation has moved higher and the unemployment rate lower. Still, we do not expect a BoE rate hike before some time in 2019: GDP growth...
Fed Hike aftermath Series: Hike odds are down further
Aug 02, 2017 07:03 am UTC| Commentary Central Banks
Despite hawkish rhetoric from FOMC policy makers, the hike odds are declining fast across the meeting as the economic numbers continue to disappoint to the downside, coupled with political gridlock in Washington. In...
FxWirePro: The Day Ahead- 2nd August 2017
Aug 02, 2017 06:01 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: Building permits jumped 10.9 percent in June, down 2.3 percent from a year...
RBI likely to stay on hold with a dovish stance this week, says Scotiabank
Aug 01, 2017 08:14 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to leave its policy rate unchanged at 6.25 percent with a dovish stance on Wednesday afternoon, aimed at striking a balance between bolstering the nations economic growth and...

Eurozone unemployment rate declines but fragmentation persists
Aug 01, 2017 06:52 am UTC| Commentary Central Banks
Euro Zone as well as the European Union is facing one of the most diverse economic and Labour market recoveries in the history. Partial reforms pursued by governments coupled with ultra-easy monetary policy from European...