RBI June meeting minutes show most member in wait-and-see mode, risks of rate cut rising
Jun 22, 2017 23:09 pm UTC| Commentary Central Banks
The Reserve Bank of Indias June 7 policy meeting minutes indicated that most members were still in a wait-and-see mode in spite of the constant slowdown in inflation. Out of six members, five voted to keep rates on hold at...
Norges Bank keeps interest rate on hold, removes easing bias
Jun 22, 2017 22:29 pm UTC| Commentary Central Banks
As was expected, the Norwegian central bank maintained its key interest rate at 0.5 percent on Thursday. But the Norges Bank, in a hawkish move, removed its easing bias as the interest rate forecast now is flat on 0.5...

Substantial gains in the Czech crown lessen the need for CNB to tighten monetary policy
Jun 22, 2017 11:55 am UTC| Insights & Views Central Banks
At its extraordinary monetary policy meeting on 6 April 2017, the Bank Board of the Czech National Bank (CNB) decided to discontinue the cap in the Czech crown. By taking this step, the CNB returned to the conventional...
RBNZ likely to remain on hold through 2017 and 2018, says Westpac Research
Jun 22, 2017 07:41 am UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) is expected to hold its Official Cash Rate (OCR) on hold through 2017 and 2018. Given that the RBNZ expects inflation to be testing the lower end of the 1-3 percent target range again...
FxWirePro: The Day Ahead- 22nd June 2017
Jun 22, 2017 04:53 am UTC| Commentary Central Banks
Not many economic data and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Westpac leading index flat in...
RBNZ keeps interest rate unchanged, remains upbeat on domestic economic outlook
Jun 21, 2017 21:53 pm UTC| Commentary Central Banks
As widely expected, the Reserve Bank of New Zealand kept its OCR on hold at 1.75 percent. The bottom line of the Monetary Policy Statement remained unchanged from the Mays. The central bank concluded that that Monetary...
FxWirePro: RBA rate cut at bay, AUD swaps, and underlying outright trades
Jun 21, 2017 12:34 pm UTC| Central Banks Insights & Views
The resilience of US equity markets to the distractions of the Trump administration is a positive backdrop for risk-sensitive AUD. Chinese markets are of course less helpful as the deleveraging push continues, but the...