RBI keeps policy rate on hold, may cut rates in future by 25-50 bps - ANZ

Jun 07, 2017 16:28 pm UTC| Commentary Central Banks

The Reserve Bank of India kept its repo and reverse repo rates on hold earlier today during its meeting as expected, suggesting that there was no change in the policy rate corridor. Amongst the six monetary policy...

Absence of domestic inflationary pressures likely to keep RBA on hold for the foreseeable future

Jun 07, 2017 12:27 pm UTC| Insights & Views Economy Central Banks

Australias Q1 GDP report released on Wednesday came in largely in line with market forecasts but weaker than the implied quarterly forecast published in the RBAs May Statement on Monetary Policy. Australias GDP rose by a...

Central Bank of Taiwan likely to stay pat at the Q2 policy meeting by month-end, says DBS Bank

Jun 07, 2017 08:07 am UTC| Commentary Central Banks Economy

The Central Bank of the Republic of China (Taiwan) (CBC) is expected to stay pat at its second-quarter monetary policy meeting, scheduled to be held by the end of this month. The overall inflation picture remains benign,...

FxWirePro: Chinese FX policy regime, vols, vega neutral straddles and vol spreads

Jun 07, 2017 07:30 am UTC| Central Banks Research & Analysis Insights & Views

The sharp appreciation of CNH was a major development in FX markets this week. Coming on the heels of a change in the PBoCs daily USD/CNY fix mechanism the previous Friday, markets seem to have interpreted these moves as...

FxWirePro: The Day Ahead- 7th June 2017

Jun 07, 2017 04:16 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: GDP grew 0.3 percent in the first quarter, up 1.7 percent from a year...

FxWirePro: Tactical bullion trading in range bounded trend, option straddles to keep both bullish and bearish scenarios on check ahead of FOMC

Jun 06, 2017 13:02 pm UTC| Central Banks Insights & Views

The full unwind of the post-election Trump trade, which has led to a weaker US dollar and lower US Treasury yields, has supported golds relatively strong performance this year. To reflect a more benign inflation outlook...

RBA downplays likely softness in Q1 GDP, unlikely to move rates anytime soon

Jun 06, 2017 10:58 am UTC| Insights & Views Economy Central Banks

The Reserve Bank of Australia (RBA) left the cash rate unchanged at 1.50 percent at its board meeting today as widely expected by the markets. The central bank has ignored accumulating evidence of a likely softness in Q1...