Central Banks

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
Barclays on the Reserve Bank of New Zealand MPS and Orr yesterday. This in brief:   reintroduced symmetric forward guidance that the next move could be “up or down,” largely as expected RBNZ governor Adrian Orr reinforced the supportive outlook for the domestic economy, stating that the risks of a rate cut have not risen
Reiterates view after RBNZ meeting Speaking at parlieaments finance and expentiture select committee, RBNZ Adrian Orr said: risks around interest rate outlook is balanced forecasting near 0 increase in real house prices reflects less growth in house prices household spending may be more circumspect, but still positive The NZDUSD rose sharply yesterday after the RBNZ
Comments from Bostic in Ireland It was time to put our policy on a more-neutral range My view has not changed very much on how monetary policy should operate It’s important that we don’t go too fast and inadvertently hurt economy Need to ‘wait and see’ how the economy responds Things have changed a little,
Comments from HSBC on the Reserve Bank of Australia  RBA appears unconcerned by signs that the ongoing deceleration in the flow of credit is hitting domestic demand RBA has now capitulated from its long-held view that the next move is “more likely to be an increase rather than a decrease,”  it maintains that the case
The Reserve Bank of New Zealand  meet Wednesday 13 February 2019 (NZ time)  This now via the New Zealand Institute of Economic Research (NZIER) Monetary Policy Shadow Board’s looking for the Official Cash Rate (OCR) ‘continues to be firmly on no change’ Citing: higher levels of global uncertainty rising trade tensions (US -China_ slower growth concerns
Stocks under pressure Markets are repricing the risks around a China-US trade deal before March 1 and the possibility of an escalation instead. The S&P 500 is down 8 points to 2698. The low yesterday was 2687 before a late bounce. The WSJ reported late yesterday that the two nations are far from an agreement.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
That pretty much sums up the entirety of the BOE statement earlier Timing of Brexit agreement and its implementation could change Any persistent change in sterling would have material consequences for inflation “Remarkable” if current sterling level is consistent with final Brexit outcome Further rise in uncertainty could push inflation below 2% Fundamentals for the
BOE announces its latest monetary policy decision – 7 February 2019 Prior decision 0.75% Official bank rate votes 0-0-9 vs 0-0-9 expected Asset purchase target £435 billion Corporate bond target £10 billion ForexLive Details of the decision and the central bank’s quarterly inflation report: 2019 GDP forecast of 1.2% (previously 1.7%) 2020 GDP forecast of
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;
BOJ governor Haruhiko Kuroda speaks in parliament Expects consumer inflation to gradually accelerate towards 2% Japan’s economy has improved significantly since 2013 Huge expansion of monetary base in itself won’t immediately stimulate economy ForexLive The usual overly-optimistic comments about inflation coming out there from Kuroda. Once again, it must be said they are nowhere near