Bank of Korea likely to stay on hold through 2017, says Commerzbank

Apr 13, 2017 08:34 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) is expected to stay on hold throughout this year amid uncertainties including the presidential election on 9 May and heightened financial market volatility. The next move is more likely to be a rate...

FxWirePro: The Day Ahead- 13th April 2017

Apr 13, 2017 05:14 am UTC| Commentary Economy Central Banks

Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Consumer inflation expectations rose to 4.1 percent in April....

FX Hedging Strategy Series

FxWirePro: Insights on MAS’s SGD NEER implications – USD/SGD low IV yielder via debit put spreads

Apr 12, 2017 13:52 pm UTC| Central Banks Research & Analysis Insights & Views

The instrument of monetary policy in Singapore is the nominal effective exchange rate (NEER) rather than a market interest rate. This is because of the small and open nature of the economy with free capital movement. The...

Central Banking Series

Fed likely to commence reducing its balance sheet later this year or in early 2018, says ANZ

Apr 12, 2017 12:53 pm UTC| Economy Commentary Central Banks

The Fed looks set to commence reducing its balance sheet later this year or in early 2018, reported ANZ in its research note. The Fed to phase out its reinvestments because ceasing immediately would provide too abrupt a...

Swedish inflation at 5-month low in March, Riksbank tightening measures still long way off

Apr 12, 2017 12:08 pm UTC| Insights & Views Economy Central Banks

Swedens inflation eased more than expected to a five-month low in March. Swedens inflation fell to 1.3 percent in March, missing expectations at 1.5 percent in a Reuters poll, data released by Statistics Sweden showed on...

Central Banking Series

Bank of Canada monetary policy preview

Apr 12, 2017 11:42 am UTC| Commentary Economy Central Banks

Today Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 14:00 GMT, followed by a press conference with the governor at 15:15...

Currency War Series

Brazilian central bank likely to cut key rate by 100 bps, says Commerzbank

Apr 12, 2017 07:02 am UTC| Commentary Central Banks Economy

The Brazilian central bank is expected to cut its key rate by an impressive 100 basis points tonight; that is certainly what a poll amongst analysts would suggest. Some are even expecting 125bp. The development of the rate...