Central Banking Series

Bank of Japan keeps monetary policy unchanged, raises economic growth forecast

Jan 31, 2017 05:21 am UTC| Economy Commentary Central Banks

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan (BoJ) decided to keep its short-term policy interest rate at minus 0.10 percent, while purchasing Japanese government bonds (JGBs) so that...

Central Banking Series

Fed to hold policy rate, focus likely to shift to balance sheet

Jan 30, 2017 11:39 am UTC| Insights & Views Central Banks

Federal Open Market Committee isnt expected to change US interest rates at the end of its two-day meeting but may give an indication of the timing for a hike. Though members of the committee have foreshadowed three more 25...

Central Banking Series

Bank of England likely to hold interest rate steady

Jan 30, 2017 11:36 am UTC| Economy Commentary Central Banks

The Bank of England (BoE) is expected to hold its first monetary policy meeting for 2017 on Thursday, February 2. The central bank is widely expected to maintain its interest rate at a historic low of 0.25 percent amid...

Fundamentals to watch out for this week

Jan 30, 2017 08:49 am UTC| Commentary Economy Central Banks

This week is extremely risk heavy. The week is filled with scheduled data releases and events which are likely to trigger large scale volatilities in the market. What to watch for over the coming days: US...

FxWirePro: US Q4 GDP shrinks, mounting OTC functions in USD/JPY ahead of BoJ MPS - Option Strips to capitalize HY IVs

Jan 30, 2017 07:25 am UTC| Research & Analysis Insights & Views Central Banks

OTC and fundamental updates: Please be noted that the IVs are spiking of across various tenors, while delta risk reversals indicate a shift in hedging sentiments that shows offloading in heavy downside risks ahead of...

Renminbi Series

Hong Kong's yuan savings post record monthly drop in Dec, yuan depreciation weighs

Jan 27, 2017 16:40 pm UTC| Commentary Central Banks

Hong Kong Monetary Authority data showed Friday that Yuan deposits in Hong Kong posted their biggest monthly drop on record in December. Data showed Savings in the Chinese currency fell 12.9 percent on the month to 546.7...

Lira resumes downtrend, central bank's latest policy decision fails to offer support

Jan 27, 2017 15:06 pm UTC| Commentary Central Banks Economy

Turkeys economy is in the doldrums after July coup. The economy suffered a sharp hit, Q3 GDP fell by 2.7 percent q/q and the PMI tanked. Major credit rating agencies downgraded Turkey to junk during Q3 2016, which has...