People’s Bank of China Deputy Governor Yicai interview report via Reuters ForexLive
Welcome to the first mid rate of the week from the People’s Bank of China Weaker yuan to kick the week off from the Bank More: – PBOC skips out on open market operations again today, no RRs mature thus ‘neutral’ position.
This from the Financial Times This refers to originally Carney was appointed for an eight-year term – But he said then he we wanted to serve only five years But, yeah, ….
ECB member Yves Mersch speaks in Paris – Member states should rebuild fiscal buffers ForexLive This is Mersch’s second speech today but once again, he doesn’t touch on monetary policy.
Turkey’s central bank out with some comments – Will take necessary actions to support price stability – Will continue to use all available instruments in pursuits of price stability objective ForexLive
Mersch’s first speech doesn’t touch on monetary policy here ForexLive
BOJ governor Haruhiko Kuroda begins his speech in Tokyo – Market operators have made various efforts to improve the situation – Liquidity in futures market important for cash market ForexLive
Indonesian central bank officials confirmed Reuters they were intervening to support the rupiah after the currency hit a 20 year low against the USD Intervening in FX and in bond markets
The Reserve Bank of Australia meeting is Tuesday, announcement due at 2.30pm Sydney time – which is 0430GMT Preview earlier (actually, a two for one): Another now, this via RBC:
Higher rates abroad mean higher rates at home The most important factor for Australian mortgage rates is where the RBA sets the official cash rate. The second most important factor is what borrowing costs are elsewhere.