A few days ago China’s Premier Li said the PBOC would not be competitively devaluing the yuan. Its has been non remarkable since then. Will that last? Today’s is a one month low, perhaps significant. Dunno.
BOE board member Gertjan Vlieghe is in a Q&A session now – Says that his own central forecast is for one to two rate hikes a year – Says his forecast assumes wage, productivity growth picks up ForexLive
The Federal Open Market Committee meet Wednesday 26 September 2018 For previews, check these out: – And, here is Nomura (in brief): it would be a significant surprise if the FOMC did not raise interest rates
Comments by BOE board member Gertjan Vlieghe – QE unwind need not have material impact on yield curve or economy – That is should it be well communicated and be done gradually ForexLive
The Reserve Bank of New Zealand monetary policy announcement is at 2100GMT on Wednesday 26 September (Thursday NZ time) Earlier previews can be found here: Preview via ASB (this an in brief one)
Further comments by ECB chief economist Peter Praet – ‘Growth accident’ means that growth cycle will stop – May come from rising protectionism or emerging markets slowdown ForexLive
Comments by ECB economist Peter Praet here ForexLive A slightly more moderate tone from Praet, offsetting that of Draghi’s mild hawkish tones yesterday.
Bloomberg rocking the aviation metaphor on the European Central Bank on the ‘runway to rate lift off’ – Executive Board members Benoit Coeure and Peter Praet want to communicate more on the pace of increases to avoid stirring up markets. This makes sense. We are seeing the same (but slower and quieter ….. but still…
I posted earlier on the HKD’s rise on Friday: Comments this morning now from HK’s financial sec – says that after the week’s FOMC meeting, where US rates are expected to be hiked again, the probability of a prime rate rise in HK is ‘extremely high’
The Reserve Bank of New Zealand monetary policy announcement is due on September 27 at 2100GMT That is Sep 28 morning local time IN NZ Earlier previews are here: