BOJ Governor Kuroda will be trekking across to parliament on Monday 26 November 2018 – From 0625 GMT Kuroda’s comments have not changed lately, he has shown no signs of much change in policy from the bank.
Securities Journal reports on its front page Says the PBOC may have conducted some repos Cites – an increase in banking system liquidity since November 21 The piece reminds that excessive liquidity may affect the stability of yuan and capital flows
Comments from Praet in an interview with Handelsblatt There is some pressure on the ECB to push out its guidance but the current iteration of the ECB has a well-earned reputation for waiting and watching until the last minute before acting and it looks like they’re not in a rush.
Visco in Florence: Which central bank will blink first? The Fed, the BOC or the ECB? ForexLive
SARB hikes rates Three votes to hold, three votes to hike I’m not sure how a split vote led to a hike. The surprise here is that the inflation forecasts were lowered but they hiked anyway, deciding that they didn’t want to allow inflation expectations to rise. Emerging market central bankers are also deeply worried…
ECB releases the account of its October monetary policy meeting – Policymakers generally agreed that data was weaker than expected – But remains in line with expansion and gradually rising inflationary pressures ForexLive
Will they be talkin’ turkey? Ugh, sry about that that … 0915 Angeloni speaking at a Banking Union conference – ECB Supervisory Board member Ignazio Angelon 1115GMT Angeloni again
Economists at ANZ have pushed their expectations for a rate hike from the rbaa Reserve Bank of Australia out later – To August 2020 – They cite the risks to the economy from falling house prices and RBA reluctance to hike while prices fall
People’s Bank of China onshore yuan reference rate – The Bank permits a plus or minus 2% from here for the CNY – CNH is free to trade beyond this range
Expectations for the minutes to move markets are low, busy with other matters it seems Still, there are a couple of issues to watch – Be alert for comments on the growth outlook, signs are of a slowing but the ECB, so far, have appeared relatively unconcerned on this. Draghi’s latest was a nod to…