FxWirePro: EUR/CNH bearish bets on Brexit, U.S. election uncertainty intensifies
Oct 05, 2016 09:13 am UTC| Central Banks Insights & Views
A rise in capital outflows would likely to drive further Chinese offshore currency depreciation. We hold the bias that the PBoC would let further weakness in CNY after the September G20 summit, as a policy reaction to the...
ECB taper rumor rattles markets
Oct 05, 2016 08:39 am UTC| Commentary Economy Central Banks
Yesterday the Eurozone bond market and the bullion got rattled big time on the rumor that the European Central Bank (ECB) might be considering a taper after the bond buying program gets concluded in March. After all, the...
FxWirePro: EUR/CNH bearish bets on Brexit, U.S. election uncertainty intensifies
Oct 05, 2016 07:39 am UTC| Insights & Views Central Banks
In our recent write on Chinese currency regime, we have already stated that 2016 year-end forecast of USDCNY at 6.85 is firmly upheld. The prospects of a Fed hike before year-end and a rise in capital outflows would likely...

Oct 05, 2016 07:16 am UTC| Central Banks Commentary
The AUD has enjoyed support from commodity prices plus the RBA sounding comfortable about Australias outlook as the central bank maintained status quo in its recent monetary policy (cash rates unchanged at 1.50%). An...
Denmark’s FX reserve unchanged in September, key policy rate likely to stay on hold for longer time
Oct 05, 2016 04:53 am UTC| Commentary Central Banks
Danish central bank, Danmarks Nationalbank (DN) yesterday published FX reserve and central bank balance sheet for September. Denmarks FX reserve for September remained unchanged from August at DKK 450 billion. The central...
Oct 04, 2016 13:31 pm UTC| Central Banks
The six-member panel of RBI MPC, after series of brainstorming sessions over two days, unanimously decided to cut its key lendingthe repo rateby 25 basis points to 6.25 percent, as a newly set up panel felt that inflation...

Oct 04, 2016 13:03 pm UTC| Central Banks Commentary
As per the National Bank of PolandsMPC, the latest minutes unpredictably indicated that several MPC members are willing to consider rate cuts. This comes as a surprise because individual interviews in recent months tended...