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Category: Central Banks

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Central Banks, Forex Short News

European Central Bank Chief Economist Lane speaking Friday

Posted onMay 16, 2025

Lane may give some clues about the next European Central Bank rate move. 1500 GMT/1100 US Eastern time: Participation by ECB board member Philip Lane …

Forex Short News
Central Banks, Forex Short News

Bank of Japan Policy Board member Nakamura Toyoaki is speaking soon

Posted onMay 16, 2025

I’ll be interested in his take on today’s awful GDP number out of Japan: Japan Q1 GDp -0.2% q/q (expected -0.1%) If he addresses it! …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1938 (vs. estimate at 7.2085)

Posted onMay 16, 2025

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). …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2085 – Reuters estimate

Posted onMay 16, 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

75bp of Reserve Bank of Australia rate cuts to come (Reuters poll)

Posted onMay 16, 2025

Reuters poll of analysts re expecations of what’s to come from the RBA: Reserve Bank of Australia to cut cash rate to 3.85% on May …

Forex Short News
Central Banks, Forex Short News

HSBC modelling sees USD/JPY trading a 141 – 149 range (there’s a but)

Posted onMay 15, 2025

HSBC argue for further yen recovery vs the USD citing heightened U.S. policy uncertainty resumption of pessimism toward the U.S. economy renewed expectations of Fed …

Forex Short News
Central Banks, Forex Short News

South Korea April export prices have shown their slowest rise y/y since December 2023

Posted onMay 15, 2025

South Korea April data, comes via the Bank of Korea: Export prices in won terms +0.7% y/y vs revised +6.4% in March, export prices slowest …

Forex Short News
Central Banks, Forex Short News

Economic calendar in Asia 16 May 2025: Japan Q1 GDP prelim. & RBNZ inflation expectations

Posted onMay 15, 2025

The focal points on the data agenda are the economic growth data from Japan for the January – March quarter and the Reserve Bank of …

Forex Short News
Central Banks, Forex Short News

Bank of Mexico cuts benchmark interest rate to 8.5% from 9.0%

Posted onMay 15, 2025

Bank of Mexico lowers benchmark interest rate to 8.50% from 9.00% Board says decision was unanimous Board estimates that looking forward it could continue calibrating …

Forex Short News
Central Banks, Forex Short News

Fed’s Barr says economy is on a solid footing, trade clouds the outlook

Posted onMay 15, 2025

Trade shock could be particularly hard on small businesses and trigger price increases if supply chains are affected or firms fail There isn’t much of …

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