Rate cuts by year-end Fed: 54 bps (86% probability of no change at the upcoming meeting) BoE: 43 bps (87% probability of no change at …
Category: Central Banks
Summary: Centeno highlights Europe’s structural uncertainty ECB seen as stabilising institutional anchor Risks shifting outside traditional banking system Emphasis on discipline, independence and consensus Interview …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
At a glance: Japan household spending rose 2.9% y/y in November Far above expectations for a decline Monthly spending jumped 6.2% m/m BOJ recently lifted …
Summary: 30-year auction demand softened: bid-to-cover 3.14 vs 4.04 Tail widened 0.15 vs 0.09, needing more concession Highest yield 3.457%, reflecting elevated long-end rates Reinforces …
Summary: RBA says November CPI largely as expected, “not a lot of news” Inflation above target, with core still sticky at 3.2% Deputy governor reiterates …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
Summary: Finance ministry flags heightened FX volatility and readiness to act Officials argue won moves don’t reflect fundamentals Verbal intervention aims to deter one-way/speculative momentum …
Summary: PBOC rolls CNY 1.1tn via three-month outright reverse repos Structure uses fixed quantity, multi-price bidding Signals liquidity stability, not necessarily new net easing Supports …