Central Banking Series

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...

FxWirePro: EMFX gush receives trivial hit from commodity space - Stay selectively long in high yielders

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...

Central Banking Series

BoE likely to keep policy unchanged next week on downside risks around eventual departure from the EU, says Lloyds Bank

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...

Vital Signs Series

Why the government still thinks it can 'grow away' the deficit

May 05, 2017 01:21 am UTC| Insights & Views Central Banks Economy

Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...

Czech National Bank stands pat, may hike rates in Q4 2017 – Danske Bank

May 04, 2017 23:13 pm UTC| Commentary Central Banks

On 4 May, the Czech National Bank unanimously decided to keep its policy rates on hold. The CNB does not appear to be in haste to hike rates at the moment. Also, it cut its three month PRIBOR forecast for 2018 from 1.1...