
Jan 24, 2017 10:56 am UTC| Research & Analysis Insights & Views Central Banks
Since June, NZDUSD has been trading in the 0.70-0.74 range after a bullish first semester. At this stage, the interest rate differential already points towards a much lower NZDUSD, in the direction of our end-2017 forecast...
PBoC hikes medium term lending facility rate by 10bps
Jan 24, 2017 10:51 am UTC| Commentary Central Banks
The Chinese central bank, Peoples Bank of China has hiked the interest rate for six month medium term lending facility and one year medium term lending facility by 10 basis points. This is the first time the central bank...
Bank of Israel keeps interest rate unchanged, citing strengthening shekel
Jan 24, 2017 06:05 am UTC| Central Banks Economy Commentary
The Bank of Israel (BoI) in its first monetary policy meeting of 2017 on Monday maintained interest rates at record low of 0.10 percent, as widely expected following strengthening shekel and rising home prices. The...

Jan 24, 2017 05:46 am UTC| Research & Analysis Insights & Views Central Banks
Please be noted that the rising USDTRY IVs have been signaling CBRT is going to be bringing change in its monetary policy that is scheduled today. As shown in the diagram, ATM IVs of 1m and 10d tenors have successively...
Australian 10-year bond yields hit 1-week low after U.S. President Trump ends TPP deal
Jan 24, 2017 05:20 am UTC| Commentary Central Banks
The Australian 10-year bond yields hit 1-week low Tuesday after the United States President Donald Trump ended the long-standing 12-nation Trans-Pacific Partnership (TPP) trade deal with its Asian allies on Monday despite...
Malaysia's Bank Negara likely to keep policy rate on hold this year
Jan 23, 2017 16:17 pm UTC| Commentary Central Banks
The Bank Negara Malaysia (BNM) held overnight policy rate (OPR) unchanged at 3.00 percent, as it was widely expected at policy meet last week. In the policy statement that followed, Bank Negara noted that the private...
Jan 23, 2017 15:08 pm UTC| Commentary Central Banks
Bank of Japan Governor Haruhiko Kuroda at the World Economic Forum at Davos was optimistic that Japans economy is likely to head toward a sustainable growth path as global trade and manufacturing activity pick up. The...