Norwegian Macros Provides Breathing Space To Norges - Delta Loop Vanilla Triangle Package For NOK
May 13, 2020 14:47 pm UTC| Research & Analysis Central Banks Insights & Views
Inflation was not much of an issue in Norway anyway over the past few years, so that Norges Bank was able to hike its key rate quite strongly over the past two years until it lowered it back to 0% again as a result of the...

May 13, 2020 08:58 am UTC| Research & Analysis Central Banks Insights & Views
Overnight, theRBNZleft rates at 0.25%, but increased its QE programme, also indicating that negative rates will become an option in the future. We recommended short NZD in our portfolio vs a basket of AUD and USD as...

The Reserve Bank thinks the recovery will look V-shaped. There are reasons to doubt it
May 09, 2020 06:37 am UTC| Economy Central Banks
The Reserve Banks long-awaited two-year forecasts for jobs, wages and growth are frightening, but I fear they are not frightening enough. The bank looks two years ahead every three months. The last set of forecasts,...
May 08, 2020 11:18 am UTC| Research & Analysis Central Banks
Norges Bank surprised general expectations yesterday and lowered interest rates by 25bp to now zero. At the same time it made it clear that this was the end of the line and that negative interest rates were not on the...

May 05, 2020 12:08 pm UTC| Research & Analysis Central Banks
The Reserve Bank of Australia (RBA) left its monetary policy unchanged this morning, but changed the rules for some collateral to assist with financing conditions on the capital markets. In its main scenario the RBA...

May 05, 2020 11:41 am UTC| Research & Analysis Central Banks Insights & Views
We have been recommending shorts in GBP since early April as a core part of our overall defensive strategy. The bearish view has been motivated by multiple fundamental factorsongoing Brexit ramifications, an already-large...
ECB surprisingly eases monetary policy further, cuts interest rate on TLTRO III by 25 bps
Apr 30, 2020 18:03 pm UTC| Commentary Central Banks
The ECB surprisingly eased its monetary policy further today. The central bank cut the interest rate on its targeted longer-term refinancing operations (TLTRO III) by 25 basis points. Therefore, the interest rate for banks...