RBA expects Australia GDP to rebound after weak Q3 reading
Feb 21, 2017 14:47 pm UTC| Commentary Central Banks
The Reserve Bank of Australia released minutes of the board meeting held on February 7 where policymakers voted to leave the cash rate unchanged at 1.50 percent. RBA continued with its broadly upbeat commentary in the...
FxWirePro: Russian central bank and government authorities send hints to uphold USD/RUB call spreads
Feb 21, 2017 12:15 pm UTC| Research & Analysis Insights & Views Central Banks
In Russia, there have been comments from officials this week following RUBs recent appreciation. Despite the onset of CBR FX purchases of around $2bn per month, the ruble has appreciated on the back of resilient oil...
RBA confident Australia will avoid recession supported by significant recovery in exports
Feb 21, 2017 12:02 pm UTC| Insights & Views Central Banks Economy
At the board meeting held on February 7, the Reserve Bank of Australia (RBA) policymakers voted to leave the cash rate unchanged at 1.50 percent as they judged that it would be consistent with sustainable growth in the...
FxWirePro: Uphold USD/SGD “Interest Rate Swaps” owing to Federal Reserve’s developments
Feb 21, 2017 10:15 am UTC| Research & Analysis Insights & Views Central Banks
If the Fed looks through the rise in prices, the real exchange rate will appreciate. The increased inflation due to tighter labor markets would also tend to increase the real exchange rate, though this almost certainly...
Bank Indonesia likely to hike 25 bps in 3Q17 on hopes of upbeat GDP growth, says DBS
Feb 21, 2017 07:03 am UTC| Commentary Economy Central Banks
Bank Indonesia (BI) is expected to hike its benchmark interest rate by 25 basis points to 5.00 percent by the third quarter of this year, following hopes of a strong growth in the countrys gross domestic product (GDP)....
FxWirePro: The Day Ahead- 21st February 2017
Feb 21, 2017 03:58 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI improves to 53.5 in February. Australia: RBA...
APRA fiddles on bank risk while Rome burns
Feb 21, 2017 02:56 am UTC| Insights & Views Law Central Banks
Australian Prudential Regulation Authority (APRA) chairman Wayne Byers has made it clear the bank regulator will be cracking down on bank capital levels this year. Bank capital reserves are a loss-absorber, designed to...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects