Higher price makes BoE’s bond purchase operation smoother
Aug 17, 2016 07:11 am UTC| Commentary Central Banks
After a Bank of Englands (BoE) securities purchase auction failed to buy all the bonds it wanted to and failed short of 52 million, yields dropped sharply, and pushing bond prices higher. The central bank needs to purchase...
Fed Hike Aftermath Series: Hike odds climb to 50 percent on policymakers’ comments
Aug 17, 2016 06:09 am UTC| Commentary Central Banks Economy
The market is now evenly divided in its opinion of a rate hike from the U.S. Federal Reserve. After the Britons voted to exit from the European Union in the June referendum, hike odds for this year declined to 10 percent,...

Brexit vote changes UK inflation outlook, makes it harder for BoE to cut rates
Aug 16, 2016 11:19 am UTC| Insights & Views Economy Central Banks
Data released by the Office for National Statistics on Tuesday showed that UK annual inflation rate as measured by the Consumer Prices Index (CPI) rose to 0.6 percent in July from 0.5 percent in June, beating expectations...
FxWirePro: Commodity prices cushion AUD while RBA drives backseat for AUD/USD
Aug 16, 2016 09:47 am UTC| Insights & Views Central Banks
Amid the ongoing transition in Australias economy, the country continues to be a major resources producer, with much of its exports to the rest of the world made up of materials such as iron ore, coal, basic metals, and...
FxWirePro: Telecom, Media and Utility sectors under FX hedging scanner after Brexit dust settling
Aug 16, 2016 08:24 am UTC| Central Banks Insights & Views
GBP benefited from a classic dead-cat bounce when the BoE opted to defer its policy response to Brexit in July. The rally was short-lived as the BoE kept its word and delivered a comprehensive package of measures at the...
Aug 16, 2016 07:52 am UTC| Central Banks Insights & Views
After the last BoJs publication of key currency views on July 15, although USD/JPY extended its upside effect, it has been restrained at 107s, the pair sharply declined on a less-aggressive than-expected BoJs additional...
RBA board concerned about labor market, exchange rate
Aug 16, 2016 06:02 am UTC| Commentary Central Banks
The Reserve Bank of Australias August meeting minutes show that the central bank continues to be uncertain regarding the labor market. The minutes stated that the board members noted that there continued to be considerable...