Central Banks

The Australian dollar is placid ahead of the Reserve Bank of Australia meeting today Announcement and statement due at 0430GMT previews from Earlier: Some TA for those interested; And, adding a coupel of really quick snipprts NatWest: Reserve Bank of Australia likely to be constructive in its post-meeting statement given September’s meeting minutes and Governor
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Translation: We have no idea where neutral is Expects gradual rate rises Overall economy strong About ‘as good as it gets’ on dual mandate Labor market ‘very strong’, inflation only a bit above 2% Sees 3% GDP this year, unemployment below 3.5% next year Forward guidance less compelling as policy direction becomes less clear Fed
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;
The Reserve Bank of New Zealand have left the official cash rate (OCR) at 1.75%, an as expected no change decision for monetary policy. There is no official Monetary Policy Statement nor media conference following for this decision. The 8th of November RBNZ meeting will be followed by a Monetary Policy Statement and press conference 
The Federal Open Market Committee meet Wednesday 26 September 2018   For previews, check these out: And, here is Nomura (in brief): it would be a significant surprise if the FOMC did not raise interest rates economy has remained strong, supported by substantial fiscal stimulus Recent FOMC minutes and participant comments all point to another
The Reserve Bank of New Zealand monetary policy announcement is at 2100GMT on Wednesday 26 September (Thursday NZ time) Earlier previews can be found here: Preview via ASB (this an in brief one) After surprising the market with a more dovish August assessment, we expect the RBNZ to stick to the script, commit to leaving
Just two quick snippets on what to expect from the Reserve Bank of New Zealand  to add to previews already posted; Citi (expecting an on hold decision …. isn’t every one?): We currently maintain out view that the RBNZ will begin the hiking cycle in Q3 2019, with the risk that it is delayed TD
TD on the FOMC TD Securities is out with an FOMC preview. They — along with just about everyone else — expect a 25 bps hike. They expect the language to be shifted from: “The stance of monetary policy remains accommodative” to: The stance of monetary policy remains somewhat accommodative” As for the trade, their baseline
Speaking on Austrian TV ECBs Eeald Nowotny (Governor of the Bank of Austria) was on Austrian TV on Sunday and said: We are in a really very good economic situation, but monetary policy is actually still in crisis mode. Price stability achieved in Euro Zone as a whole Makes sense to normalize monetary policy quicker
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;
Goldman Sachs on what’s coming for interest rates The debate around the neutral rate was ramped up by comments from Fed Governor Lael Brainard earlier this month. She advanced the idea that the short-term neutral rate was higher than the long-term rate, which the Fed pegs around 2.75-3.00%. Goldman Sachs thinks markets need to reprice