Today is the first mid rate setting from the People’s Bank of China since Friday September 28. All last week China was on holiday, back today. The offshore yuan traded weaker in the meantime, reflected in the onshore mid rate today. While China was on holiday the pressure on the country from US trade policy…
China press (Economic Daily, via Bloomberg) on comments from a People’s Bank of China adviser on the yuan Yeah, OK thanks for all that. China returns from holiday today after a week off.
Bullard is speaking with Bloomberg TV in Asia this morning – Does not see much inflation pressure in US economy – cannot take as much signal from low unemployment rate as in the past
A weekend announcement from the People’s Bank of China on the Reserve Requirement ratio (This is the amount of cash banks must hold as reserves) – The cut to the RRR is the 4th of 2018 (so far) The cuts to the RRR give a boost to liquidity in domestic markets in China, and are…
One for the New Zealand dollar traders, this via Bloomberg on the central bank’s independence New Zealand’s central bank made a renewed bid to keep a Treasury Department official away from interest-rate decisions
Tim Duy is well worth following if you are interested in fres Federal Reserve policy His latest piece is just available … “” what we might see from Fed communications in the coming months.
Rate decision from the Banxico No change in rates but the central bank says the balance of risks to growth has a downward bias but is reduced because of the NAFTA agreement.
Reserve Bank of Australia’s Alexandra Heath is head of economic analysis The quick headline summary is via the folks at Reuters, but if you want more, the full text is here:
Reuters carried the piece on the Bank of Japan yesterday: Here is the link for more ForexLive
Some ECB speakers are on the agenda today 0720 GMT – Pablo Hernandez de Cos to speak in Bilbao Bank of Spain governor de Cos is to speak at an event organised by Deusto University and KPMG.