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Category: Central Banks

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Central Banks, Forex Short News

Bank of England Chief Economist Huw Pill speaking Tuesday on ‘The monetary policy outlook’

Posted onMay 20, 2025

0800 GMT / 0400 US Eastern time: Bank of England Chief Economist Huw Pill gives a speech at Barclays briefing ‘The monetary policy outlook’ The …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)

Posted onMay 20, 2025

Its been busy from China already, with rate cuts flowing in: More rate cuts coming from Chinese banks – as expected PBOC cuts Loan Prime …

Forex Short News
Central Banks, Forex Short News

PBOC cuts Loan Prime Rates (LPRs) by 10bp for both 1- and 5-year loans

Posted onMay 20, 2025

The cuts were expected. The People’s Bank of China cut its 7 day reverse repo benchmark rate by 10bp to 1.4% earlier this month. Governor …

Forex Short News
Central Banks, Forex Short News

More rate cuts coming from Chinese banks – as expected

Posted onMay 20, 2025

Chinese state banks are cutting deposit rates today as previewed earlier: ICYMI – China’s state banks are expected to cut deposit rates today (Tuesday China …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2112 – Reuters estimate

Posted onMay 20, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Central Banks, Forex Short News

25bp RBA rate cut today is baked in, but here’s what to watch for in the Statement

Posted onMay 19, 2025

A 25bp cash rate cut is almost unanimously expected. The latest set of forecasts I have seen have all analysts look for 25bp but two, …

Central Banks
Central Banks

The central bank to all central banks warns of a potential “scramble” for US dollars

Posted onMay 19, 2025

The Bank for International Settlements (BIS) has warned that growing U.S. financial volatility could spark a sudden scramble for dollars, particularly from non-bank investors holding …

Forex Short News
Central Banks, Forex Short News

Bank of Japan to seek market views on Japanese Government Bond buying

Posted onMay 19, 2025

The Nikkei reporting on moves from the Bank of Japan to seek market opinion on JGB buying amounts. At present the BoJ is planning to …

Forex Short News
Central Banks, Forex Short News

ICYMI – ECB’s Muller said must be cautious on further rate cuts

Posted onMay 19, 2025

Bank of Estonia Governor, and member of the European Central Bank Governing Council, Madis Müller, spoke in an interview. Bloomberg (gated) carried the report. In …

Forex Short News
Central Banks, Forex Short News

Economic calendar in Asia – Reserve Bank of Australia rate cut expected

Posted onMay 19, 2025

The G7 meting listed in the calendar is the meeting opg G7 finance minister and central bankers. The People’s Bank of China will be setting …

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