Page 1004 – Forex

SNB raises policy rate by 25 bps to 1.75%, as expected

Prior 1.50% Rate hike is to counter inflation, which has increased again over the medium-term Additional rate hikes cannot be ruled out to ensure price …

By admin

June 22, 2023

Central Banks

BOJ’s Noguchi: Exchange rate should move stably reflecting fundamentals

June 22, 2023

Yen decline last year was too rapid Weak yen hurts households via rising prices but benefit firms via increase in overseas profits, rise in inbound …

Central Banks

Bank of Japan board member Noguchi spoke earlier – recap

June 22, 2023

The headline comments from Bank of Japan board member Asahi Noguchi are here: Bank of Japan’s Noguchi says Japan’s economy is to recover moderately Reuters …

Central Banks

European Central Bank officials Panetta and de Guindos are speaking today

June 22, 2023

There are always more speakers than those I manage to list. They’re a slippery bunch. Here’s what I have for the session ahead: 0915 GMT/0515 …

Central Banks

Swiss National Bank policy meeting today – alternative paths for CHF – hawkish vs. dovish

June 22, 2023

Credit Suisse analysts outline two alternatives for the SNB and thus the impact on the Swissy: Hawkish scenario assessed at a 60% likelihood: CS argue …

Central Banks

Federal Reserve Chair Powell speaks again Thursday, & a barrage of other Fed officials too

June 22, 2023

It occurs to me that I need a better collective noun than ‘barrage’ for a group of Federal Reserve talking heads. And, who better to …

Market Outlook - Asian Market

Asia Day Ahead: Fed Chair Took the Stage with Hawkish Comments

June 22, 2023

Fed Chair Jerome Powell took the stage yesterday with a series of hawkish comments but nevertheless, a significant degree of data-dependence is still in place. …

Central Banks

Bank of Japan’s Noguchi says Japan’s economy is to recover moderately

June 22, 2023

BOJ monetary policy board member Noguchi speaking Says Japan’s economy is to recover moderately the global economy and markets are a risk to Japan’s outlook …

Central Banks

Bank of England Monetary Policy Committee meeting preview – Nomura expect a 25bp rate hike

June 22, 2023

Nomura say to expect a 25 bps rate increase from the Bank today, followed by additional rate increases in August and September. Nomura say there …

Central Banks

BoA on the Federal Reserve’s FOMC, “pay particularly close attention to Governor Waller”

June 22, 2023

A snippet from a piece via Bank of America on who to listen to at the Federal Open Market Committee (FOMC), singling out Federal Reserve …

Central Banks

Bank of England Monetary Policy Committee preview: Where to for GBP? 3 scenarios.

June 21, 2023

The consensus expectation for the meeting of the Bank of England’s Monetary Policy Committee today, Thursday, 22 June 2023, is for a 25bp rate hike. …