RBA maintains cash rate at 1.50 pct, citing improvement in global economic outlook
Feb 07, 2017 05:15 am UTC| Commentary Economy Central Banks
The Reserve Bank of Australia (RBA) has maintained its benchmark interest rate at the current record-low level of 1.50 percent at its first monetary policy meeting of 2017, held earlier today, as was widely anticipated by...
RBA likely to stand pat, may revise down near term growth forecast
Feb 06, 2017 15:37 pm UTC| Commentary Central Banks Economy
The Reserve Bank of Australia is expected to stand pat during its meeting tomorrow, noted Societe Generale in a research report. Given that the severe deceleration in the third quarter will have called for major revisions...
Feb 06, 2017 12:22 pm UTC| Central Banks Insights & Views
In the new inflation report, the Czech central bank CNB sharply revised up its 2017 inflation forecast from 1.9% to 2.4%. This clearly portrays that inflation would persist above the 2% target for several quarters going...
FxWirePro: Deploy USD/TRY diagonal credit call spread as CBRT eases TRY with momentary cushion
Feb 06, 2017 11:45 am UTC| Central Banks Research & Analysis Insights & Views
After a bout of volatility early in the day following publication of inflation data, the lira consolidated its recent gains and ended on a strong note. We view this as a result of improved EM risk sentiment as the USD has...
Feb 06, 2017 11:26 am UTC| Central Banks Insights & Views Research & Analysis
Fundamental glance: Although the Kiwi dollar surged a bit in the recent times but sensing more bearish pressures in the upcoming future especially ahead of the Chinese trade balance data is scheduled to be announced,...
A glimpse over Kiwis exports ahead of RBNZ’s monetary policy
Feb 06, 2017 11:01 am UTC| Central Banks Insights & Views
Kiwi dollar has been gaining traction ahead of following data announcements. NZD IVs have been bolstering above 12.8% owing to this weeks flurry of data streaks, GDT price index on Tuesday, RBNZs monetary policy thats...
Fundamentals to watch out for this week
Feb 06, 2017 10:39 am UTC| Commentary Economy Central Banks
Compared to the previous week, this week is less risk heavy. Not many economic data but there are some events scheduled that might trigger volatility in the market. What to watch for over the coming days: Central...
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