RBA unlikely to deliver hawkish tone in line with other central banks, says ANZ Research

Jul 03, 2017 06:52 am UTC| Commentary Central Banks Economy

Following the surprising tilts from the European Central Bank, the Bank of England, and the Bank of Canada (BoC) last week, the market is on the hunt for more hawkish central bank surprises. However, the Reserve Bank of...

RBI likely to cut repo rate by 25bps to 6.00 pct at next review meeting, says ANZ Research

Jun 30, 2017 12:06 pm UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) is expected to cut its policy repo rate by 25 basis points to 6.00 percent from 6.25 percent at its next review meeting on August 2. Further rate cuts beyond that will be data dependent,...

Progressive decline in Eurozone inflation rate argues against an imminent rate hike by the ECB

Jun 30, 2017 11:11 am UTC| Insights & Views Economy Central Banks

Eurostat, the EUs statistics agency, released Eurozone inflation data for the month of June earlier today. Official figures show that inflation across the 19-country eurozone fell to its lowest level this year on easing...

FxWirePro: BoC’s Poloz indicates possibility of July hike

Jun 30, 2017 10:27 am UTC| Commentary Central Banks

Canadas bonds have suffered most this week among its peers, more than the counterparts in UK, France, Germany or Australia as the Bank of Canada (BoC) Governor Stephen Poloz indicated that a rate hike from the central bank...

FxWirePro: Why and what's so hawkish in BOC’s next MPS?

Jun 30, 2017 10:17 am UTC| Central Banks Research & Analysis Insights & Views

Hawkish commentary from Bank of Canada officials this month has taken the FX market by storm. The implied probability of a 25bp BoC rate hike in its 12 July meeting has exploded from under 5% just three weeks ago to over...

FxWirePro: Where would Aussie dollar likely to head towards in H2’2017 ahead of RBA statements?

Jun 30, 2017 08:57 am UTC| Central Banks Insights & Views

For AUDUSD, the impressive rise since May persists, and has a decent chance of pushing above 0.7700 during the next day or two. From a central bank perspective, the RBA is scheduled to deliver its monetary policy...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Bullard questions Fed’s ‘going alone’ hike path

Jun 30, 2017 08:05 am UTC| Commentary Central Banks

St. Louis Fed President James Bullard, speaking on the sidelines of an event in London said that it was disconcerting that the market-based measures of inflation have actually fallen despite the central bank increased...