BOJ June summary flags faster hike calls as markets price another move by year-end. Recap.
The ‘Summary’ reinforces a picture of a BOJ majority that is not pausing to assess but actively debating ...
Australia May CPI undershoots on headline but core inflation tops forecasts at 3.6%
The split verdict in the May CPI, a headline miss and a core beat, is the worst combination for the RBA’s commu ...
PBOC sets USD/ CNY mid-point today at 6.8195 (vs. estimate at 6.7)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.more to come
This article ...
UBS sees market pricing of two Fed hikes as too aggressive … get gold!
UBS’s pushback on Fed hike pricing is directly relevant to rates, duration and gold. If the bank’s thesis ...
PBOC is expected to set the USD/CNY reference rate at 6.7913 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
BOJ June summary reveals broad support for rate hike alongside sharp deflation warning
The summary confirms that the June hike was not a close call for the majority, with most board members framing the mo ...
TD joins big four banks flagging Australian inflation relief, all roads lead to RBA hold
A May headline print at or below 4.2% would be the second consecutive monthly deceleration and would extend the run o ...
BOC’s Macklem: So far we are not seeing much spreading of higher oil prices
I do worry that too much forward guidance becomes false precision, can become confusingThat’s rich statement fr ...
ECB’s Vujcic: We do not want to give forward guidance, every meeting is live
The ECB is always talking a big game about ‘not guiding’ but they always tee it up before the meeting, ei ...
Bank of Canada’s Macklem: We need to create more places for savings to go beyond the USA
If we want a more balanced and resilient global system, we need to create more places for savings to go beyond just t ...
BOE’s Taylor: An extended hold at this level is appropriate policy
Bank of England external policy member Alan Taylor is out with a strong call for holding rates unchanged. The market ...
ECB policymaker Lane sees signals pointing to price pressures in the coming months
I see signals pointing to price pressures in the coming monthsThe Middle East situation is fragile with risk of setba ...