Central Banks

European Central Bank meeting this week - preview - rate cuts seen September and December

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

The PBoC has kept the 1-year MLF interest rate unchanged at 2.5%, as expected

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The PBoC has kept the 1-year MLF interest rate unchanged at 2.5%, as expectedInjects 100bn yuan via a one-year MLF103bn yuan come due on Wednesdaynet drain of 3bn yuan in MLF-What is the MLF?The PBOC's MLF rate is a benchmark interest rate that banks in China can use to borrow funds from the People's Bank…

PBOC sets USD/ CNY reference rate for today at 7.1313 (vs. estimate at 7.2548)

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Federal Reserve Chair Powell is speaking Monday, San Francisco's Daly also

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

PBOC is expected to set the USD/CNY reference rate at 7.2548 – Reuters estimate

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Don't forget - it's a big day in China!***People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows…

Bank of England Dhingra says demand is too soft for inflation to rise sharply

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Analysts at Fitch say the Fed has "an incentive to start cutting rates sooner than later"

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

The prospect of an RBNZ rate cut in 2024 is rising

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Newsquawk Week Ahead: US & UK Retail Sales, Japan, NZ, UK and Canada CPI, and ECB

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Mon: Republican Convention, Holiday: Japanese Marine Day, Eurogroup Meeting, Eurogroup Informal meeting ofEnergy Ministers; Chinese GDP (Q2), Industrial Output/Retail Sales (Jun), Swiss PPI (Jun), US NY FedManufacturing (Jul), EZ Industrial Production (Jun); China's Third Plenum (15-18th July)Tue: Republican Convention; German Wholesale Price Index (Jun), ZEW (Jul), EZ Trade Balance (May), US Export/Import Prices (Jun), Retail…

PBOC sets USD/ CNY reference rate for today at 7.1315 (vs. estimate at 7.2514)

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…