Banxico cut rates ahead of the regularly scheduled March meeting by 50bps, and introduced a number of measures to improve bank liquidity, economists a
New Zealand: RBNZ takes a necessary step – Westpac
This morning the Reserve Bank of New Zealand (RBNZ) announced that it will begin large-scale purchases of government bonds, analysts at Westpac Instit
Gold flirting with daily lows, near $1490 region
Gold held on to its weaker tone through the early European session on Monday and is currently placed near the lower end of its daily trading range, be
Brazil: Policy rate at 5.00% by end 2021 – Rabobank
The BRL posted on Thursday an all time low of 5.1084 per USD. Strategists at Rabobank analyze the outlook for the Brazilian economy. Key quotes “We ke
Coronavirus: USD will strenghten further in the near-term – Danske Bank
Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, analyzes the depth of the current recession, the chance that it will be short-lived and
Japan’s LDP Chief Kishida: Need to consider cash payouts, address tax and social security as part of stimulus
The government will need to consider cash payouts and address the tax and social security as part of the stimulus package, said Fumio Kishida, Chairma
EUR/USD: Double-bottom at risk
EUR/USD Monday’s four-hour chart is pointing to lower lows and lower highs, a downtrend. Yohay Elam, an analyst at FXStreet, examines the EUR/USD pair
ECB’s Vasle: We are monitoring the situation, ready to do more if needed
“We are monitoring the situation and are ready to do more if needed,” said the European Central Bank (ECB) Governing Council member Bostjan Vasle whil
Turkey Foreign Arrivals down to 3.8% in February from previous 16.1%
Turkey Foreign Arrivals down to 3.8% in February from previous 16.1%
EUR/DKK: Dividend payments to support the pair this week – Danske Bank
Upwards pressure on EUR/DKK eased a bit on Friday. The 15bp hike on Thursday along with the announcement of a EUR24bn swap facility with the ECB narro