Day: September 24, 2018

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  South African Reserve Bank boosts inflation forecasts for 2019, 2020 (update: rates unchanged)

  SARB statement highlights The South African central bank has a different way of announcing decisions. The statement is all about the forecasts but they decide[...]
  2018-09-24 22:11:19

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  Fed's Powell has been doing the rounds at Congress trying to protect independence

  CNBC report I don't think there's much here to move the market but the story is that Powell has spent much more time on Capitol[...]
  2018-09-24 22:11:19

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  ECB's Praet: Eurozone economy continues to expand at above-potential rate

  Praet speech on "Challenges to monetary policy normalization" in New York So far he he's a tad hawkish. ForexLive
  2018-09-24 22:11:19

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  Goldman Sachs: The Fed can and will hike rates above 3.00%

  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[...]
  2018-09-24 22:11:19

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  Stick this in your diary - Fed's Powell to speak September 27

  Chair of the Federal Reserve Powell will make brief comments at a Senate event  - On Sep 27 - From 4.30pm ET (which is 2030GMT)[...]
  2018-09-24 22:11:19

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  NZD traders - An early preview of the RBNZ meeting next week (and where to for the NZD)

  Reserve Bank of New Zealand monetary policy announcement is due on 27 September at 2100 GMT I posted a preview yesterday here:  NZD traders -[...]
  2018-09-24 22:11:19

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  Former BOJ board member Shirai: "the likelihood of achieving 2% inflation is low"

  Writing a piece in the Nikkei, this from Shirai on where the Bank of Japan should go from here - the likelihood of achieving 2%[...]
  2018-09-24 22:11:19

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  BOJ has cut the amount of 25+ year JGB purchases by Y10bn to Y50bn today

  The previous QE operation where the Bank of Japan bought 25+ year JGBs they bought Y60bn Trimmed that back a little at today's operation  The[...]
  2018-09-24 22:11:19

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  PBOC sets USD/ CNY mid-point today at 6.8357 (vs. yesterday at 6.8530)

  PBOC boosts the CNY at today's setting  Skips OMOs today - net drain of 110bn given maturing RRs - for the week, a net 60bn[...]
  2018-09-24 22:11:19

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  More Asia currency intervention news

  Emerging markets wobbles are not going away any time soon with more tightening to come from the Fed and others Deputy governor of the Central[...]
  2018-09-24 22:11:19

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