FxWirePro: The Day Ahead- 17th March 2017
Mar 17, 2017 03:08 am UTC| Commentary Central Banks
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Upcoming: Italy: January trade balance numbers will be reported at 9:00 GMT. Eurozone: January...
Mar 16, 2017 10:34 am UTC| Commentary Central Banks
The pound has increased sharply yesterday after the US Federal Reserve chose not to upgrade its monetary policy outlook for 2017 and the year next. However, the currency has been struggling to gain above 1.27 resistance...
SNB monetary policy: Assessing future bias
Mar 16, 2017 09:51 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means Interest on sight deposits at the SNB will remain at 0.75% and...
PBoC likely to hike another 20bps by end-2017, says ANZ Research
Mar 16, 2017 08:57 am UTC| Commentary Central Banks Economy
The Peoples Bank of China (PBoC) is expected to raise its interest rate further by around 20 basis points by the end of this year leading the 7-day reverse repo rate to 2.65 percent, assuming that the United States Federal...
BOJ monetary policy: Assessing future bias
Mar 16, 2017 08:50 am UTC| Commentary Economy Central Banks
At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent. Lets look at the current monetary policies, Bank of Japan had already shifted...
FOMC monetary policy March 2017: Assessing future bias
Mar 16, 2017 08:03 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC increased federal funds rate by 25 basis points yesterday. There were only minor changes in FOMC projections compared to the December material. The forecast for long-term unemployment...
Another no action meeting likely from SNB
Mar 16, 2017 07:02 am UTC| Commentary Central Banks
Swiss National Bank (SNB) will announce interest rates at 8:30 GMT today and it is highly likely that the central bank would not follow actions of its other developed market counterparts such as the Fed, the ECB or the BoJ...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects