PBOC is expected to set the USD/CNY reference rate at 6.7261 – 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), ...
Kansas City Fed hawk Schmid set for high profile Fox Business interview
Schmid’s television appearance lands squarely within the week the Fed itself has put centre stage, with the Kan ...
Bank consensus builds for near term RBA hike as economists cite sticky inflation
The shift among major bank economists toward a near certain RBA hike this year materially changes the near term outlo ...
There is a cascade of analysts forecasting a near term RBA rate hike. Westpac says No.
Westpac’s call puts it at odds with banks that have already shifted to a September or November hike, framing th ...
Preview: Warsh’s silence on rates leaves Fed and markets guessing before Jackson Hole
Markets have been left to parse Warsh’s tone rather than his words, and bond pricing shows the strain of that a ...
ECB’s Schnabel says the central bank must act early to prevent second-round effects
ECB Executive Board member Isabel Schnabel reiterated the need to act early to prevent inflation from becoming entren ...
Hawkish board member Tamura to represent BOJ at Jackson Hole instead of Ueda
Ueda’s decision to skip Jackson Hole removes one of the more direct opportunities for the BOJ governor to signa ...
AUD higher, Australian CPI beats forecasts as core inflation surprises to the upside
The scale of the beat, both on headline and on the RBA’s preferred trimmed mean measure, materially changes the ...
PBOC sets USD/ CNY mid-point today at 6.7829 (vs. estimate at 6.7166)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.PBOC injec ...
PBOC is expected to set the USD/CNY reference rate at 6.7166 – 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), ...
Four regional Fed banks sought discount rate hike ahead of July FOMC hold
The minutes reveal a hawkish contingent one bank larger than the public FOMC vote suggested, since Kansas City Fed Pr ...
Fed’s Barkin says rising US debt will eventually lead to a reckoning
Barkin’s comments add a senior Fed voice to a debate that has already unsettled bond markets this month, follow ...