Oct 26, 2016 09:22 am UTC| Central Banks Insights & Views
The sterling came under notable pressure yesterday ahead of the hearing of Bank of England governor Mark Carney in front of the House of Lords committee. While the long-term sterling bonds suggest investors are quickly...

Central banks’ big challenge to safeguard independence
Oct 26, 2016 07:50 am UTC| Commentary Central Banks
Central banks around the globe are faced with several challenges, such as fighting deflation, bring back demand driven growth, winding up of easy monetary policies without disrupting the financial system, and fight for its...

Oct 26, 2016 07:36 am UTC| Central Banks Commentary
We foresee the divergence in monetary policies of Fed and BoJ has been helping to weaken the yen to 110 to 120 against thedollar by the end of 2017. The Japanese central bank switch of focus to controlling the...
Central banks’ big challenge to safeguard independence
Oct 26, 2016 06:49 am UTC| Commentary Central Banks
Speaking ata think-tank event in Berlin, the President of the European Central Bank once again defended its monetary policy actions that saw cutting rates to record low and buying of fixed income assets at anunprecedented...
Hungarian central bank lowers overnight lending rate, ready to further ease monetary conditions
Oct 26, 2016 06:17 am UTC| Commentary Central Banks
During its Monetary Policy Committee meeting yesterday, the Hungarian central bank cut its overnight lending rate by 10 basis points and also lowered bank RRR by half. The lowering of bank RRR was a surprise move. The MNBs...
PBOC's Dep Gov seeks to calm markets, says no basis for continuous Yuan depreciation
Oct 25, 2016 15:40 pm UTC| Commentary Central Banks
In the past two weeks, the CNY has lost nearly 1.5 percent against the USD, while the offshore CNH has weakened slightly less by 1 percent. In the two weeks since the 10 October, the dollar index has gained 1.8 percent and...

FxWirePro: Mounting expectations of RBNZ’s OCR cuts to stimulate Kiwi dollar turbulence
Oct 25, 2016 13:36 pm UTC| Central Banks Commentary
Ahead of RBNZs monetary policy meeting that is scheduled next week, the market pricing for a November OCR cut has been stable during the past two weeks at around 80% (currently 86%). Q3 CPI data was unsurprising to RBNZ...