# Central Banks

#Central Banks

Mario Draghi

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it struggles to achieve its one and only mandate for price stability, but the Governing...
Mario Draghi

EUR: Trading The ECB – Views From Major Banks

The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major banks. Overall, they see the ECB on hold with a neutral to a slightly...
Mario Draghi

Euro bulls poised for hawkish ECB but Mario Draghi may disappoint

EURUSD seems to be looking for an excuse to assault the $1.10 level and the ECB could provide the ammunition. But it might also prove a big disappointment. The pair has so...
Donald Trump

Dollar lower after Trump tax plan outline disappoints; euro steady ahead of ECB

US Treasury yields turned lower and the dollar trimmed recent gains versus the yen, helping gold recover from a two-week low. US President Donald Trump made his tax plan announcement on Wednesday,...
European Central Bank

EURNZD upside just getting started, ECB in focus

The long-term bullish wedge is playing out nicely and, even if it fails to reach the target in the year/s ahead, we remain confident the near to medium-term should provide bullish...
Bank of Japan

No Fireworks from the BoJ

Right on expectations and little change on JPY At some point, the BOJ is expected to slow the pace of JGB purchases, but with inflation remaining stubbornly below the 2 % target...
Mario Draghi

Markets Focus On ECB

With the ECB meeting looming, expectations of Trump's tax announcement and the ongoing French elections, low volatility has the potential to rise once more. Topics Markets Focus On ECB Trump Tax Plan Debt...
Mark Carney

Bank of England’s Carney calls for UK-EU bank rules pact after Brexit

Bank of England Governor Mark Carney called on Friday for Britain and the European Union to agree to recognise each others' bank rules after Brexit, to avoid a damaging hit to...
Mario Draghi

EUR reverses gains on Draghi’s comments

The single currency reversed gains, as the European Central Bank (ECB) President Mario Draghi’s comments revived the ECB doves in Frankfurt. Draghi said that a ‘reassessment of the current monetary policy...
Mario Draghi

ECB’s Draghi sees no need to deviate from stated policy path

The head of the European Central Bank sees no need to deviate from the ECB's stated policy path, which includes bond buying at least until the end of the year and...
Janet Yellen - Federal Reserve

Appetite to risk evaporated as Fed signalled double tightening whammy

Equities across Asia fell on Thursday following Wall Street’s biggest one-day reversal in 14 months after the Fed minutes indicated that officials are ready to target the over bloated balance sheet. The...
Reserve Bank of Australia

Markets enter Q2 on a mellow note

With RBA, reluctant to cut or raise in the months to come, they rely on the Fed to increase their trajectory and help AUD move lower to help with the recovery....
Haruhiko Kuroda

BOJ chief Kuroda says no reason to withdraw monetary stimulus now

Bank of Japan Governor Haruhiko Kuroda said on Friday there is "no reason" to withdraw the bank's massive monetary stimulus now as inflation remains far from its 2 percent target. Kuroda also...
Federal Reserve

Fed research signals inflation overshoot possible, but is it tolerable?

The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long? A new research...
Bank of England

UK Inflation Figures Stoke Speculation of Rate Hikes

The latest round of U.K. CPI figures have proved a surprise to the market as rising food and energy prices have pushed the key inflation metric to 2.3% y/y. The result...
Bank of England

UK inflation: Is the Bank of England really close to raising interest rates?

The British government has confirmed it will trigger Article 50 to begin exiting the European Union on March 29th. Despite rocking a touch on the news, sterling got off to a pretty...
European Central Bank

Banks outperform weaker European stock market open on rate hike talk

European shares fell in opening deals on Friday, led lower by export-oriented carmakers and a pull-back in mining stocks, but banks outperformed after an ECB policymaker rekindled talk of a possible...
Bank of England

The Bank of England’s hawkish surprise

Sterling popped on Thursday (March 16th) after a hawkish surprise from the Bank of England. The MPC was not unanimous in its decision to keep rates hold, with Kristin Forbes voting...
European Central Bank

Euro gets added boost on ECB official’s comments; dollar holds post-FOMC losses

The euro was one of the top performing major currencies in the Asian session today after being lifted by comments from a European Central Bank official who hinted at a rate...
Europe

ECB’s Nowotny Hints at Coming Rate Hikes for the Euro

The last 24 hours has been an interesting watershed moment in monetary policy as the U.S. Federal Reserve raised the FFR 25bps and purportedly is now embarking on a cycle of...
US Dollar

Dollar crunched by cautious Fed, bonds and commodities cheer

The dollar nursed painful losses in Asia on Thursday while sovereign bonds savored their biggest rally in nine months after the Federal Reserve hiked interest rates, as expected, but signaled no...
Bank of England

BOE Meeting, Dutch Election, FOMC and Gold

Dutch Prime minister beats the Freedom party comfortably and creates more comfortable environment for investors while BOE is under watch. Dutch Elections Puts end to nonsense Populism It is all over and...
London Stock Exchange

Shares, EUR rally on Dutch vote, Fed

Quite a cheerful open in the European markets as the populist PVV was defeated by its major rival in Dutch general election on March 15th. Dutch election results revived hope that the...
Federal Reserve

The Fed continues to diverge, but is in no hurry!

“Thank you, Janet Yellen,” this is today’s market message to the U.S. Fed Chair. The greenback is falling while everything else is in green today after the Federal Reserve delivered on its...
Janet Yellen - Federal Reserve

Fed raises rates as job gains, firming inflation stoke confidence

The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is...
US Dollar Japanese Yen

USD Into FOMC: Positive On Low Risk Of Dots Downgrade

The USD has gained back some momentum ahead of tomorrow's FOMC meeting. In that regard, Nomura Research notes that the market has already priced the likelihood of a March rate hike well,...
Federal Reserve

US Dollar May Fall as Fed Offers Little Beyond Expected Rate Hike

The sentiment-linked Australian and New Zealand Dollars traded modestly higher while the anti-risk Japanese Yen edged downward in otherwise quiet Asian trade. Regional bourses played catch-up to losses on Wall Street but...
Stock Market Janet Yellen FOMC

FOMC meeting preview: How many rate hikes in 2017?

Federal Reserve meeting – potential for hawkish surprise could be overstated The Federal Reserve is a dead cert to raise rates on Wednesday, so the key question is how far and how...
Europe

European Markets Focus on FOMC, UK’s Economic data and Dutch Elections

Markets eagerly wait the future projection of the US rate hike which will determine the path of the dollar while crude oil rebounds ahead of inventory data. When it comes to the...
New Zealand Dollar

NZD/USD: How will the Pair React to the FOMC Event?

The New Zealand Dollar is bracing itself ahead of the U.S. Fed’s FOMC decision but the pair currently remains on a recovery trajectory. In particular, the daily pivot point has proved...

LATEST

ECB to Reduce QE- Euro Vulnerable to Dovish Draghi

Mario Draghi
The European Central Bank (ECB) is widely expected to retain the zero-interest rate policy (ZIRP) as it...

EUR: Trading The ECB – Views From Major Banks

Mario Draghi
The following are brief expectations for the ECB April meeting statement as compiled from the related research reports of 7 major...

Dollar holds gains; Canadian dollar, Mexican peso surge on NAFTA relief

Canadian Dollar
The dollar only held its gains against the Japanese yen on Thursday after U.S. President Donald Trump's...

French stocks hit nine-month high as earnings power European shares

DAX
French blue chips hit a fresh 9-year high on Wednesday, helped by a surge in the shares...

Gold lower despite Trump tax plan worries

Gold
Precious metals traded in the red on Thursday with gold edging down, mostly led by decreasing global...
Get the latest news delivered straight to your inbox