Tag Archives: FOMC

FX Daily Strategist: Europe

GBP: Wait for next week’s Inflation Report for key MPC news This Thursday’s BoE meeting is likely to be a balanced affair as BNP Paribas economics is expecting little change to the policy stance.

Crossing the Rubicon

The Reserve Bank’s stance on monetary policy has come into line with our long-held views – all now agree that the housing and construction booms will provoke inflation.

Next Week’s Data and Events

Nonfarm payrolls should post another solid increase in July (185K). Private payrolls should match our headline estimate,

FX Daily Strategist: Europe

Japan’s CPI report hints at path from deflation Japan’s June core CPI rose 0.4% y/y, the first positive reading in 14 months.

FX Daily Strategist: Europe

Steady RBNZ message boosts the NZD The RBNZ left rates unchanged and made few changes its rhetoric,

FOMC Meeting Preview – Putting it in Writing

The FOMC next meets on July 30-31. No post-meeting press conference or economic forecast updates are scheduled.

Focus turns back to the US economy and Bernanke semiannual testimony…

Last week was all about Fed Chairman Bernanke’s speech and latest views on QE tapering. His semi-annual testimony on Wednesday will likely repeat the same general message.

Weekly commentary on economic and financial market developments

Hot Summer For French Budget! Over the last 10 days, the downgrading of Italy’s sovereign credit rating from BBB+ to BBB and

FOMC Minutes: Members need more reassurance on employment before tapering QE

Many Federal Open Market Committee members said more improvement in the US labor market is required before the Central Bank would start to scale back Quantitative Easing (QE),

Daily FX Update

USD WEAKENS INTO FOMC MINUTES & BERNANKE • USD is weak leading into the FOMC minutes (2pm EST) & Bernanke at 4:10pm EST)

IMF trims its global growth forecasts, FOMC minutes and Fed Chairman Bernanke centre stage today

The IMF yesterday published its latest World Economic Outlook Update titled “Growing pains”.

FX Daily

The main event is expected to be the release of the minutes from the 18-19 June FOMC meeting.