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Tag: Central Banks

Chinese financial media says LPRs PBOC loan rates likely to stay unchanged for some time

Chinese financial media says LPRs PBOC loan rates likely to stay unchanged for some time

Eamonn She...May 22, 2023
The info comes via two media sources in China, China Securities Journal and Shanghai Securities News.In summary:There is a high probability that the follow-up LPR will remain stable, and the…
PBOC left rates unchanged but Goldman Sachs expect some movement from the Bank in June

PBOC left rates unchanged but Goldman Sachs expect some movement from the Bank in June

Eamonn She...May 22, 2023
Yesterday the People's Bank of China held rates steady as per market consensus:PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expectedGoldman Sachs acknowledged after the decision…
Goldman Sachs expect a pause at the June Federal Open Market Committee FOMC meeting

Goldman Sachs expect a pause at the June Federal Open Market Committee FOMC meeting

Eamonn She...May 21, 2023
Following Federal Reserve Chair Powell's remarks on Friday last week:Forexlive Americas FX news wrap 19 May: Debt ceiling talks stall. Powell picks his words.A snippet from Goldman Sachs:Powell noted that…
Lagarde ECB not done yet not pausing inflation outlook is too high and for too long

Lagarde ECB not done yet not pausing inflation outlook is too high and for too…

Eamonn She...May 21, 2023
European Central Bank President Lagarde spoke with Dutch media on Sunday, reiterating more hikes yet to come from the Bank. “I think we covered a large chunk of the journey…
Newsquawk Week Ahead Highlights include FOMC mins US PCE RBNZ Flash PMIs

Newsquawk Week Ahead Highlights include FOMC mins US PCE RBNZ Flash PMIs

Newsquawk ...May 21, 2023
Week Ahead May 22-26thSUN: Greek ElectionsMON: PBoC LPR AnnouncementTUE: BoK Announcement, EZ/UK/US Flash PMIs (May), US Richmond Fed (May)WED: FOMC Minutes, RBNZ Announcement, UK Inflation (Apr), German Ifo Survey (May)THU:…
Bank of England MPC member Haskell speaking Friday 19 May 2023

Bank of England MPC member Haskell speaking Friday 19 May 2023

Eamonn She...May 19, 2023
Jonathan Haskel, a Bank of England Monetary Policy Committee (MPC) member, is speaking at 0945 GMT 0545 US Eastern timespeech on how to measure productivity at a conference hosted by…
Yuan finds buyers  state banks intervention likely selling USDCNH

Yuan finds buyers state banks intervention likely selling USDCNH

Eamonn She...May 19, 2023
USD/CNH has tumbled from earlier highs, with a likely intervention from state banks to support the yuan. Thats not confirmed but to does seem very likely. Earlier today we had…

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