Philippine central bank likely to hike rates in Q3 and Q4
May 08, 2017 22:07 pm UTC| Commentary Central Banks
The current Deputy Governor of the Banko Sentral ng Pilipinas (BSP), Nestor Espenilla Jr., was appointed as the central banks next governor today. The market is expected to see the appointment of a central bank insider to...
FxWirePro: Mid-tenor CNY swap rates likely to agonize amid bearish bond market
May 08, 2017 09:55 am UTC| Central Banks Insights & Views
There has been a total of CNY310bn of reverse repos matured in thee recent past, with no MLF due. The PBoC is likely to provide liquidity when the market needs it but will maintain a neutral-to-mild tightening stance its...
ECB unlikely to raise rates this year or next despite Macron’s victory, says Commerzbank
May 08, 2017 06:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected not to raise its benchmark interest rate either this year or next despite the mesmerising victory achieved by Emmanuel Macron at the French election held yesterday. So far,...
FxWirePro: The Day Ahead- 8th May 2017
May 07, 2017 22:48 pm UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: France: Emmanuel Macron beats Le Pen to Presidency. Upcoming: China: Trade...
May 05, 2017 10:20 am UTC| Central Banks Research & Analysis Insights & Views
Following the CBRTs decision to hike the Late Liquidity Window (LLW) by 50bp to 12.25%, we would like to initiate longs in TRYZAR (entry: 3.6950; target: 3.90) and uphold shorts in USDTRY. The central bank decision was in...
May 05, 2017 08:38 am UTC| Commentary Central Banks Economy
The Bank of Englands (BoE) Monetary policy Committee (MPC) is expected to keep policy unchanged at its May meeting, maintaining a neutral policy bias relative to a market path of interest rates that, compared with...
FxWirePro: The Day Ahead- 5th May 2017
May 05, 2017 04:37 am UTC| Commentary Central Banks Economy
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: New Zealand: RBNZ inflation expectation rose by 2.2 percent...