Month: January 2019

• 
  Deutsche Bank's projection of 3 Fed rate hikes to come, and maybe even more

  The forecast from DB is for  two Federal Open Market Committee rate hikes this year and another to follow in 2020 - June and December[...]
  2019-01-16 11:09:05

---

• 
  PBOC sets USD/ CNY central rate at 6.7542 (vs. yesterday at 6.7560)

  The People's Bank of China has been revaluing the onshore yuan aggressively at its daily reference rate setting, slowing a little today Net 180 bn[...]
  2019-01-16 11:09:05

---

• 
  People's Bank of China has cut the RRR rate

  This is, in effect, a slight easing in policy from the People's Bank of China. Do note that this is part two of a cut[...]
  2019-01-16 11:09:05

---

• 
  PBOC dep gov Zhu says prudent monetary policy does not mean there will be no changes

  Well, OK then. Makes sense. People's Bank of China dep gov statements via Reuters  -  prudent monetary policy does not mean there will be no[...]
  2019-01-16 11:09:05

---

• 
  Comments from PBOC's Zhu on the yuan - confident the currency can be kept stable

  Reuters recap of remarks from PBOC dep giv Zhu earlier: Adds in currency comments: - confident can keep yuan stable despite cuts in banks' reserve[...]
  2019-01-16 11:09:05

---

• 
  Plenty of Japan speakers on the agenda in the days ahead (Kuroda, Aso, Asakawa)

  Here is a great piece from Bloomberg. Its useful info and, as a bu=onus, I reckon they had a bit of fun putting it together![...]
  2019-01-16 11:09:05

---

• 
  El-Erian's 6 reasons why market pricing disagrees with the Fed's outlook for rates

  Mohamed A. El-Erian is chief economic adviser at Allianz  He has a piece up on Bloomberg: Several reasons: - Structural upside to the U.S. economy:[...]
  2019-01-16 11:09:05

---

• 
  Wave analysis of GBP / USD for January 15. What awaits the UK in the coming months?

  Wave counting analysis:On January 14, the GBP / USD pair added about 20 bp, stopping near the 61.8% Fibonacci level was short-lived. The instrument showed[...]
  2019-01-16 07:21:21

---

• 
  EUR and GBP: Prospects for the future movement of the euro are vague. Trump rejected the proposal to resume the work of the

  The absence of important fundamental statistics on Monday forced traders to take a wait-and-see position in the EUR / USD pair, but demand remained in[...]
  2019-01-16 07:21:21

---

• 
  Euro hopes for growth

  Eurozone The decline in industrial production in the eurozone in November was noticeably stronger than predicted, losses amounted to 1.7% versus 0.1% growth a month[...]
  2019-01-16 07:21:21

---