Day: August 19, 2018

• 
  SNB's Zurbruegg says recent CHF strengthening shows FX market still fragile

  Comments by SNB vice president Fritz Zurbruegg - Unstable situation can lead to safe haven flows into the CHF - Recent developments show negative interest[...]
  2018-08-19 22:13:22

---

• 
  Fed's Bullard brushes off Turkey contagion fears

  Bullard spoke to the WSJ St Louis Fed President Bullard made a cameo in a about Turkey contagion with this quip: WSJ story "There are[...]
  2018-08-19 22:13:22

---

• 
  Fed has refrained from raising rates due to EM fragility in the past, but won't this time

  Raghuram Rajan is former governor of the Reserve Bank of India, in an interview with CNBC There is more at MarketWatch here I am gonna[...]
  2018-08-19 22:13:22

---

• 
  PBOC sets USD/ CNY reference rate for today at 6.8946 (vs. yesterday at 6.8856)

  This is the onshore yuan central rate for trading today. - The PBOC allows a plus or minus 2% band for trade in CNY from[...]
  2018-08-19 22:13:22

---

• 
  HKMA says it has the ability to maintain HKD stability

  HKMA out with some reassurance after it defended the USD/HKD peg earlier - Says Hong Kong has the ability to cope with market volatility -[...]
  2018-08-19 22:13:22

---

• 
  Jackson Hole coming up - Fed Chair Powell to speak on August 24

  A note for the diary, the Federal Reserve confirm Chair Jerome Powell to speak on Friday August 24 Will it be a fizzer or a[...]
  2018-08-19 22:11:26

---

• 
  A look at the AUD ahead of RBA Governor Lowe speaking today

  Reserve Bank of Australia Governor Philip Lowe will be speaking from 2330GMT Lowe will maintain his cautiously sanguine outlook and will say nothing to frighten[...]
  2018-08-19 22:11:26

---

• 
  Bank of Mexico minutes say majority sees inflation risks tiled to the downside

  From the Bank of Mexico Here's a quick look at the US dollar against the peso. Before the recent spat of risk aversion, the peso[...]
  2018-08-19 22:11:26

---

• 
  Old news but for good order, the Atlanta Fed GDPNow steady at 4.3%

  The next release won't be until next Friday This came out earlier, but the Atlanta Fed GDPNow estimate for 3Q GDP came in at 4.3%,[...]
  2018-08-19 22:11:26

---

• 
  HKMA says it will intervene further if needed to support the HKD to ensure stability

  Norman Chan is head of the Hong Kong Monetary Authority (HKMA) Confirms the band will be defended - HKMA says it will continue to buy HKD[...]
  2018-08-19 22:11:26

---