Fed Hike Aftermath Series: Decision on Fed balance sheet likely to come this year
Mar 24, 2017 08:44 am UTC| Commentary Central Banks
The US Federal Reserve is likely to take a decision on how to reduce the balance sheet accommodation in 2017. Minneapolis Fed President Neel Kashkari who was the only dissenter at the March FOMC meeting said that he wants...
Bank Negara Malaysia is likely to maintain policy rate at 3 pct through 2017, says ANZ Research
Mar 24, 2017 08:18 am UTC| Commentary Central Banks Economy
Bank Negara Malaysia (BNM) is expected to maintain the policy rate at 3 percent throughout this year, peering through the inflation ascent. At the same time, the still fragile balance of payments position limits the scope...
FxWirePro: Directional optionality and cash trades on interest rate differentials
Mar 24, 2017 07:25 am UTC| Insights & Views Central Banks
We stay short GBPUSD because interest rate based valuations are even more stretched than USDCAD (we expect BoE hawks to be caged by an economy that is finally starting to cool), but once again reduce the directionality to...
FxWirePro: The Day Ahead- 24th March 2017
Mar 24, 2017 05:21 am UTC| Commentary Central Banks
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated. Data released so far: Japan: Nikkei flash manufacturing PMI declines to 52.6 in March from 53.3 in...
Malaysia's economy likely to expand at a faster pace in 2017 - Bank Negara
Mar 23, 2017 17:00 pm UTC| Commentary Central Banks
Bank Negara Malaysia (BNM) in its annual report released on Thursday said that it expects Malaysias economy to expand at a faster pace in 2017 on account of recovery in global commodity prices and the continued growth of...
RBNZ expects outlook to be shaped by considerable uncertainty, to stay pat until mid-2018
Mar 23, 2017 16:18 pm UTC| Commentary Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) at policy meeting on Thursday, left the Official Cash Rate unchanged at 1.75 percent and reiterated that interest rates will remain low for a considerable time. The policy statement...
FxWirePro: Hedge ZAR in South African inflationary environment via option spreads
Mar 23, 2017 12:36 pm UTC| Central Banks Insights & Views
South African inflation data was due for publication yesterday. Consumer prices in South Africa rose 6.3 pct YoY in February of 2017, following a 6.6 pct gain in January, matching market expectations. It was the lowest...