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Central Banks

Tue, Oct 13, 2026 10:57 PM All times are UTC

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BoE keeps bank rate and size of asset purchase program unchanged; hints at easing policy in August

Jul 14, 2016 12:00 pm UTC| Commentary Central Banks

The UKs central bank, Bank of England, unexpectedly, maintained the bank rate at record low level of 0.5 percent on Thursday. It also kept the asset purchase programme unchanged at GBP 375 billion. However, the BoE has...

BoE plays wait and watch

Jul 14, 2016 11:23 am UTC| Commentary Central Banks

The Bank of England (BoE) has kept rates on hold and has also refrained from raising the stimulus package. While it came as a surprise to many, we at FxWirePro werent shocked. Governor Carney has already said that August...

What’s coming from the Bank of England today?

Jul 14, 2016 10:33 am UTC| Commentary Central Banks

Probably nothing. Not because of the fact that the bank isnt prepared to action or the UK economy doesnt need support, it is because of the simple reason that it is too early. It is too early to judge what kind of...

FX Hedging Strategy Series

FxWirePro: GBP/CHF debit gamma spreads for risk averse amid BoE interest rate decision

Jul 14, 2016 09:12 am UTC| Insights & Views Central Banks

The market participants are quite certain that the Bank of England (BoE) will lower its key rate by 25bp today. That is not a new realisation. The market held the same view a week ago. We have nonetheless seen a slight...

Bank of Canada maintains policy rate at 0.5 pct; revises down growth projections

Jul 14, 2016 06:14 am UTC| Commentary Central Banks

The Bank of Canada, on Wednesday, maintained its key policy rate at 0.5 percent. Meanwhile, the central bank has lowered the economic growth projection, reflecting the effects of Alberta wildfires, Brexit and weakness in...

Bank of Korea keeps benchmark rate unchanged; lowers growth and inflation outlook

Jul 14, 2016 05:35 am UTC| Commentary Central Banks

The Bank of Korea, on Thursday, kept its base rate on hold at a record low of 1.25 percent, as widely expected by the markets. The monetary policy board projects that the global economy will continue with its weak recovery...

Chart of the Day Series

Chart of the Day: Central Banks' standing

Jul 13, 2016 17:23 pm UTC| Commentary Central Banks

This chart from John Kicklighter of dailyfx.com says a lot as it explains the standpoints of key central banks across the globe. It will be interesting to see the curve few months hence as Bank of England (BoE), Bank of...

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Economy

US Dollar Index Falls as Fed Signals Caution, Indian Rupee Surges

The U.S. dollar weakened on Tuesday as cautious comments from a Federal Reserve official and gains in the euro pressured the greenback. Meanwhile, the Indian rupee extended its sharp recovery, reaching its strongest level...

Gold Prices Mixed Ahead of US Inflation Data and Fed Rate Outlook

Gold prices ended Tuesdays trading session mixed as investors assessed a weaker U.S. dollar, declining Treasury yields, and fluctuating oil prices ahead of crucial U.S. inflation reports that could influence the Federal...

Fed’s Williams Sees One More Rate Hike in 2026, None in 2027

Federal Reserve Bank of New York President John Williams said Tuesday that he continues to support one additional interest rate hike in 2026 but does not anticipate further increases in 2027, citing expectations that...

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

Politics

US Senate Midterms 2026: Key Races That Could Flip Control

The 2026 US Senate midterm elections are shaping up to be a competitive battle as Democrats seek to overturn Republicans 53-47 majority. With Election Day approaching, several closely contested races could determine which...

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

New York Times, AFP Join Coalition to Protect Content From AI

The New York Times, Agence France-Presse (AFP), and The Economist have joined a growing international coalition seeking to protect publishers copyrighted content from unauthorized use by artificial intelligence companies....

AT&T Sells Mexico Wireless Business to Televisa for $2 Billion

ATT Inc. (NYSE: T) has agreed to sell its Mexican wireless operations to Grupo Televisa SAB (NYSE: TV) and Fintech Holdings Inc. for $2 billion in cash, ending its decade-long effort to compete in Mexicos...

Arm Shares Fall Over 3% After Qualcomm Wins License Dispute

Arm Holdings shares dropped more than 3% on Tuesday, October 13, after a Delaware jury ruled in favor of Qualcomm in a breach of contract lawsuit, marking another setback for the British chip technology company in its...

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...