
Nov 15, 2016 09:23 am UTC| Central Banks Research & Analysis
The minutes from the November Board meeting were broadly consistent with the narrative from the recent Statement on Monetary Policy, as expected. The RBA continues to monitor the risks around the labor market, housing...
Today’s inflation figure crucial for sterling at key resistance
Nov 15, 2016 08:10 am UTC| Commentary Economy Central Banks
After the Brexit referendum in the United Kingdom, sterling suffered a devaluation against its major trading counterparts and as a result of that, in July, inflation reading surprised to the upside. After the initial calm,...

Nov 15, 2016 07:46 am UTC| Central Banks Research & Analysis
In the minutes of the November board meeting, there was a similar sense of optimism that was presented in earlier RBA commentary. They did not appear to add a significant amount of new insight into RBA...
FxWirePro: The Day Ahead- 15th November, 2016
Nov 15, 2016 05:02 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high risks associated. Upcoming: Germany: Third quarter flash GDP numbers will be released at 7:00 GMT. Zew survey report for November will be...

Nov 14, 2016 12:40 pm UTC| Technicals Central Banks Insights & Views
The Turkish lira weakened sharply last week, with USDTRY surpassing 3.05 range and then 3.27 at one stage on Friday. Following on from the above explanation on EM FX, we note here that CBT is likely to be pushed into a...
CBT unlikely to slash interest rates this year, will attempt to calm markets, says Commerzbank
Nov 14, 2016 12:27 pm UTC| Commentary Economy Central Banks
The central bank of Turkey is expected not to slash interest rates this year, although there is no aim to raise rates either. CBT will delay tightening policy and will attempt to calm things down by tweaking FX liquidity...

Nov 14, 2016 12:02 pm UTC| Central Banks Commentary
USDCNY reaches new highs on a daily basis, spiking higher at 6.8428 levels. The exchange rate is back on levels last seen in 2008. A collapse of the Chinese currency one may think. But this interpretation is...