# Central Banks

#Central Banks

Janet Yellen - Federal Reserve

Fed Speeches and Earnings in Focus

Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on Wall Street on Wednesday, as companies prepare to report on the third quarter at...
Mark Carney

UK Inflation Data Key as BoE Ponders Rate Hike

Will UK Inflation Data Alleviate Policy Makers Concerns? European equity markets are expected to open relatively flat on Tuesday, as we await some important inflation data from the UK and the eurozone,...
Mark Carney

UK inflation in focus as Carney testifies to MP’s

While European markets had a quiet and a somewhat mixed session yesterday, US markets continued to kick on from last week’s gains, once again making new record highs, continuing their divergence...
Euro Dollar Currency

Dollar faces headwinds after FOMC minutes; euro rises as Rajoy sets deadline for Puigdemont

The dollar was mostly in the red against its major counterparts during the Asian session after the FOMC meeting minutes released on Wednesday indicated that Fed policymakers had doubts on the inflation path. In contrast,...
US Dollar Currency

USD down. US earnings season kicks off

Nikkei (+0.35%) and Topix (+0.20%) consolidated gains in Tokyo, as Korea’s Kospi index closed on record high for the second consecutive day. European markets opened flat. FTSE 100 traded lower in London,...
Janet Yellen - Federal Reserve

It is all about inflation

When the Federal Reserve met on 19-20 September, it announced the start of winding down the $4.5billion balance sheet and maintained plans for a third-rate hike in 2017. The statement reflected...
Federal Reserve

Fed minutes reinforce prospect of December rate move

It was another day of records yesterday with global stock markets continuing to make new multi-year highs with the Japanese Nikkei 225 hitting its highest close since 1996. US markets once again continued their...
Stocks Up

Investors exhale as Catalan fears ease

A strong sense of relief was felt across financial markets on Tuesday evening, after Catalan leaders signed a “symbolic” declaration of independence but immediately suspended its formal approval and called for...
Euro Currency

European Markets, US Futures & Euro Soar After Catalonian Independence Deferred

Talking Points Investors have shown a positive reaction to the Catalonian leaders’ action Catalonian situation isn’t going away, it is only delayed The bitcoin price broke the $4900 mark yesterday Today's...
Federal Reserve

IBEX up before Rajoy’s reaction, Fed minutes in focus

European traders took over a strong market from Asia. Japan’s Nikkei 225 traded at the highest level since 1996, as Korea’s Kospi closed at a record high. The IBEX 35 (+1.15%) opened...
European Central Bank

ECB meeting minutes in focus, Dollar steady

Investors have marched into the final trading quarter of 2017 with a risk-on attitude, as global stocks hit fresh record highs on Wednesday. Most Asian Indexes were supported by the renewed appetite...
Reserve Bank of Australia

Dollar bulls in charge on improved US economic outlook; aussie down after RBA policy...

On Tuesday, rising economic prospects in the US kicked the dollar higher to a 1 ½-month high against its major rivals during Asian trading, while a steady monetary policy and an unchanged...
Canadian Dollar

USD/CAD Canadian Dollar Lower After BoC Governor Speech

The Canadian dollar was lower on Wednesday after the Bank of Canada (BoC ) Governor delivered a speech in Newfoundland. Governor Stephen Poloz said that there is no predetermined path for...
Bank of Canada

CAD: Poloz Speech Confirms Our View Next BoC Hike Will Have A 2018 Stamp

CIBC Research comments on today's speech by BoC Governor Poloz. "In a speech to a St John's audience, the BoC head highlighted that he's aiming to proceed "cautiously" with more hikes, despite what's...
New Zealand Dollar Currency NZD

Dollar surges on Trump’s tax proposals; kiwi down after RBNZ releases monetary statement

In a data-quiet session, the dollar managed to extend yesterday’s gains in Asia after the US President, Donald Trump, revealed his plans on tax reforms a day before. Meanwhile, markets were scanning the RBNZ statement released...
Bank of England

Euro, Pound May Rise with BOE and ECB Policy Back in Focus

Talking Points: US Dollar gains as Fed rate hike bets swell, may ignore Q2 GDP revision British Pound may rise as BOE’s Carney puts rates policy back into focus Euro might correct higher as...
Reserve Bank of New Zealand

NZD: Balance Of Risks Into RBNZ

Citi Research notes that expects NZD to remain capped into this week's RBNZ policy decision on Thursday (NZ local time). "The central bank may reiterate that its monetary policy to remain accommodative for...
Janet Yellen

Dollar stronger on hawkish Yellen but eyes on tax plans; kiwi weak ahead of...

Fed Chair Janet Yellen, held a hawkish stance on the Fed’s rate path on Tuesday, boosting the dollar to a fresh one-month high against a basket of major currencies. On Wednesday, dollar sentiment is expected to...
Federal Reserve

Yellen pushes prospect of December hike

Yellen has cast aside the dovish tone in the Trump era as of late, as she looks to turn up the heat on markets which have been downplaying the possibility of...
US Dollar Currency

The Fed caused a storm in the markets and explosive growth of USD

The Fed promises to start shrinking their balance from October and has kept the rate unchanged. However, committee’s forecasts caused a powerful wave of dollar growth immediately after the publication. The...
US Dollar Currency

Dollar bulls awaken as Yellen announces twin tightening

The struggling greenback has finally found a lifeline after the Federal Reserve maintained its intention to raise interest rates in 2017 and begin the process of trimming the balance sheet. Before the...
Federal Reserve

Dollar shines as Fed meets expectations; yen fails to find support on BOJ decision

The dollar advanced against a basket of major currencies on late Wednesday, rising to a one-week high after the Fed’s rate-setting committee decided to set October as the starting date of...
NYSE Stock Echange

U.S. Stocks may Rally to Fresh Highs Amid Hawkish Fed

Wall Street continued its record-setting run on Wednesday, although gains slowed compared with previous sessions, as investors dissected the Federal Reserve’s latest policy announcement. After an uneventful day, the benchmark S&P 500...
Janet Yellen - Federal Reserve

Hawkish Fed sets date for start of QE roll-off

As expected the US Federal Reserve fired the starting gun on its plans to reduce the size of its balance sheet, with plans to begin the process next month, though with an...
US Dollar Currency Yen

US dollar, stocks rallied on hawkish Fed

The US dollar is the main driver of the currency markets after the Federal Reserve (Fed) delivered a surprisingly hawkish accompanying statement on Wednesday. Cable retreated to 1.3448 (minor 23.6% retrace on August...
US Dollar Currency

Dollar eases ahead of FOMC decision; oil up after Iraq says to cut oil...

While geopolitical tensions escalated after the US President used stronger language against North Korea at his first speech in front of global leaders at the UN on Tuesday, the dollar showed relatively little reaction...
Reserve Bank of New Zealand

Kiwi jumps on election poll, dollar subdued ahead of Fed meeting

The kiwi dollar was the largest mover among major currencies on Wednesday, rising to a 1-1/2 month high after a poll showed New Zealand’s ruling National Party has a wide lead...
Canadian Dollar

USD/CAD Canadian Dollar Higher Ahead of Fed Meeting

The Canadian dollar appreciated on Tuesday after losing traction at the beginning of the week as Bank of Canada (BoC) Deputy Governor Lane said the strength of the loonie would be...
US Dollar Currency

USD: Balanced Risks From FOMC But Would Buy The Dip If We Get One

Bank of America Merrill Lynch FX Strategy Research expects the FOMC September statement to imply that the Fed is a bit more upbeat about the risks to inflation and growth, however, BofAML...
Stock Market Janet Yellen FOMC

All Eyes on Fed

The markets are little changed overnight as they await the outcome of the 2-day Federal Reserve meeting that ends today. Many will be focusing on the Fed’s description of inflation in...

LATEST

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

US Dollar Currency Yen
Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from...

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

US Dollar Japanese Yen
The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up...

Fed Speeches and Earnings in Focus

Janet Yellen - Federal Reserve
Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on...

Oil rises on expected fall in U.S. inventories, geopolitical tensions

Oil Commodity
Brent oil prices rose to a three-week high on Wednesday as weekly U.S. crude inventories are expected...
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