Tag Archives: BoE
The BoE’s blurred lines
The Bank of England’s (BoE) February Inflation Report painted a positivepicture with respect to the momentum in the UK economy. For the fifthconsecutive Inflation Report,
FI Eye-opener: ECB deposit rate cut still on the table
Yesterday was fairly quite in the markets. Both equity and bonds markets seem to have stabilised a bit. No major data releases are due for some time and hence market direction could be a bit sideways in the very near term.
Daily FX Wrap and Strategy
The NZD sits around 0.8320 this morning, having traded as high as 0.8360 overnight. The NZD gained a boost yesterday afternoon, along with the AUD, on the back of better than expected China trade data.
UK: The end of threshold guidance
The long-awaited inflation report from Bank of England (BoE), which was followed by a press conference with Governor Carney, had no new thresholds for the unemployment rate.
BOE Inflation Report: Keeps 7% Threshold; Clarifies Guidance
The Bank of England’s Monetary Policy Committee has published forecasts showing inflation will be close to target if the first rate hike comes in the second quarter of 2015.
Don’t fear Carney creep, follow the flow
Arguments over spare capacity and productivity may seem arcane, but they are important for currencies. Relative output gaps have done a good job of explaining sterling performance against the majors over the last two decades.
The Global Macro Pulse
New Fed Chair Yellen’s clear message of continuity of Fed policy has helped push equities and EM Asia currencies higher across the board. The Nikkei is up 0.7%, the Hang Seng rallied 1.1%,
FX Daily
Euro-area industrial production is likely to show a decline in December followingthe strong gain of 1.8% m/m in November. Most euro countries have publisheddeclines in industrial production for December.
The euro threatened by deflation
Calm returns for emerging currencies Some calm returned to emerging markets last week, as several central banks (including those of Turkey, South Africa and India) announced interest rate hikes.
Weekly Economic & Financial Commentary
U.S. Review Is the Economy in a Freeze? · Businesses added 113,000 jobs in January, which was fewer than expected.
FX Weekly Report
Is the yen ready for a new phase of weakness? The turmoil in emerging markets has led to Japanese yen appreciation especially given its perceived safe haven status.
Daily FX Wrap and Strategy
Good morning all, an almost perfect scenario of a one day“working week” with the bonus it’s also a Friday. It’s one forthe poets amongst you to enjoy especially if your “7’s”costume is sitting under your desk for changing into atlunch time.