Day: January 8, 2019

• 
  PBOC sets USD/ CNY central rate at 6.8402 (yesterday's was 6.8517)

  Yuan strengthened again vs USD People's Bank of China skip open market operations for the day - 20bn yuan in RRs mature so a net[...]
  2019-01-08 23:11:05

---

• 
  White House confirms Nellie Liang withdraws from Federal Reserve nomination

  Nellie Liang was nominated by President Trump for membership on the Federal Reserve Board in September last year. Wall Street Journal report WH has withdrawn[...]
  2019-01-08 23:11:05

---

• 
  Israeli central bank leaves rates at 0.25%

  No change from the Bank of Isreal On November 26, the Israeli central bank surprised with a 15 basis point hike. No change was forecast[...]
  2019-01-08 23:11:05

---

• 
  Fed's Bostic: US economy pretty solid

  Atlanta Fed president Raphael Bostic speaks at an Atlanta event. The Atlanta Fed president Raphael Bostic is on the wires saying: Feds Bostic is speaking[...]
  2019-01-08 23:11:05

---

• 
  Former ECB chief economist Stark says ECB itself is a risk to financial stability

  Former ECB chief economist Jürgen Stark speaking with German press (Welt) for more (in German) Link is here ForexLive
  2019-01-08 23:11:05

---

• 
  China press (opinion piece): China has room for a further RRR cut

  China's Economic Information Daily commentary piece Follows Friday's news on a RRR cut:  PBOC cuts banks' RRR by 1% ForexLive
  2019-01-08 23:11:05

---

• 
  PBOC sets USD/ CNY mid-point today at 6.8517 (vs. Friday at 6.8586)

  Opening reference rate for the onshore yuan this wekk - The People's Bank of China skip open market operations today, says banking liquidity is at[...]
  2019-01-08 23:11:05

---

• 
  UBS Chair Weber expects the Federal Reserve to pause in March

  A video interview snippet from Bloomberg interview with UBS Chairman Axel Weber  While we await markets to get a bit more active  Here is the link
  2019-01-08 23:11:05

---

• 
  RBC on what to expect from the Fed, BoE, RBA and BoC for 2019

  A note from RBC, this an extract with quick views on where to for those four centeal banks above Following the December Fed meeting, our[...]
  2019-01-08 23:11:05

---

• 
  Fed's Williams argues for changes to inflation target

  This is a long-running theme for Williams New York Fed President John Williams co-authored a paper suggesting the Fed could guard against deflationary expectations by[...]
  2019-01-08 23:11:05

---