Wow! A yuan appreciation from the PBOC today. PBOC skips open market operations today, for a 10th consecutive day – 30bn yuan of RRs mature – thus a net drain of 30bn yuan
The BOJ said its OK for JGBs to trade in a wider range Did they jump or were they pushed though? 10yr JGB (chart is a little dated, its currently above 149.95 but you get the idea … 10yr yield highest since February of 2017 ):
A speech from Bank of Japan Deputy Governor Masayoshi Amamiya earlier today (not too long ago): Reuters have a bit of a recap up on the web if you’d like to check it out:
Rates remains at 7.75% The Mexico central-bank kept the overnight rate unchanged at 7.75%. This was as expected: The USDMXN has moved higher (lower MXN) after the release.
Nomura saying the Bank of England rate move was a hawkish hike – expect another in February – Says BoE not showing too much concern over recent disappointment on inflation, global tensions —-
Carney speaks with BBC ForexLive
China Securities Journal again, via Bloomberg – RRR cuts for some banks may happen in H2 Sec Journal citing an analyst at a bank ForexLive
Carney to appear on Bloomberg TV Don’t take those times as gospel. They like to keep people waiting (and watching). We’ll have any headlines. Cable bounced from a low of 1.3016 to 1.3050 but has leveled off in the past hour.
BOE’s Carney: Don’t assume bank rate will rise to 2-3%. Short-term factors pushing equilibrium lower
More from Carney’s press conference Cable is down 95 pips to 1.3032. ForexLive
The Reserve Bank of Australia meet next week, Westpac with an early preview In very brief: – RBA certainly on hold again Westpac say its later in the week that is more interesting, the release of the RBA updated forecasts in the Statement on Monetary Policy, August 10