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COLUMN-BoE gilt sales more hassle than they're worth: Mike Dolan
By Mike Dolan LONDON, Sept 18 (Reuters) - Britain's own peculiar dance with central bank independence centers on whether the Bank of England should stop aggravating government debt servicing costs by halting its active sale of gilts. While the optics may be tricky, ongoing bond sales seem har...Reuters
10 minutes ago
Foreigners snap up Asian bonds in August after two-month hiatus
Sept 18 (Reuters) - Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of U.S. Federal Reserve rate cuts to support a cooling labour market boosted demand for higher-yielding emerging markets.Non-native investors bought Asian bonds worth a net $311 mi...Reuters
37 minutes ago
Nomura adds October Fed cut forecast after widely expected policy easing
Sept 18 (Reuters) - Nomura now expects the Federal Reserve to deliver 25-basis-point interest rate cuts at each of its remaining two meetings this year, following the U.S. central bank's widely anticipated quarter-point reduction and hints at continued policy easing.The Japanese brokerage had pr...Reuters
37 minutes ago
FOREX-Dollar firms after post-Fed rollercoaster ride; NZ dollar sinks
Fed's guidance leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar slides after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters...Reuters
39 minutes ago
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.It was the first easing by the Hong Kong Monetary Authority since a 25 basis point cut last December. The rate is charged via...Reuters
an hour ago
FOREX-Dollar steadies after post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar tumbles after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuter...Reuters
4 hours ago
NZ dollar sinks as dire data flags risk of jumbo rate cut
By Wayne Cole SYDNEY, Sept 18 (Reuters) - The New Zealand dollar sank on Thursday after a strikingly weak reading on the economy pushed yields sharply lower as markets ramped up wagers for bigger rate cuts ahead.Its Australian counterpart also eased as jobs data surprised on the downside, adding ...Reuters
4 hours ago
Hong Kong central bank chief says rate cut will have positive impact on economy
HONG KONG, Sept 18 (Reuters) - Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Thursday an interest rate cut announced earlier will have a positive impact on the city's property market and economy. Yue was speaking after the HKMA cut its base interest rate charged via th...Reuters
5 hours ago
Dollar steady after rebound from 3-1/2-year low in post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureBoE expected to keep rates steady amid stable inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters) - The U.S. dollar was steady early on Thursday following its plunge ...Reuters
6 hours ago
Hong Kong central bank cuts interest rate, tracking Fed move
HONG KONG, Sept 18 (Reuters) - The Hong Kong Monetary Authority on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a move by the U.S. Federal Reserve.Hong Kong's monetary policy moves in lock-step with the United States as the c...Reuters
7 hours ago
Brazil's central bank to auction up to $2 billion with repurchase deal on Friday
SAO PAULO, Sept 17 (Reuters) - Brazil's central bank will offer up to $2 billion through two dollar auctions with repurchase agreement on September 19, the monetary authority said in a statement on Wednesday.The simultaneous auctions aim to roll over contracts maturing on October 2, and will sta...Reuters
8 hours ago
FOREX-Dollar whipsawed as Fed delivers normal-sized rate cut
Fed delivers normal-sized rate cut, sees steady pace of further reductionsDollar supported after Powell says Fed is in a 'meeting-by-meeting situation' with respect to future policy pathCanadian dollar weakens as BoC cuts ratesBy Saqib Iqbal Ahmed NEW YORK, Sept 17 (Reuters) - The U.S. do...Reuters
10 hours ago
CANADA FX DEBT-Canadian dollar weakens as BoC and Fed resume easing campaigns
Canadian dollar falls 0.2% against the greenbackTrades in a range of 1.3727 to 1.3787BoC cuts interest rates as expected10-year yield rebounds from a four-month lowBy Fergal Smith TORONTO, Sept 17 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday in choppy tra...Reuters
11 hours ago
FOREX-Dollar slips after Fed cuts rates
NEW YORK, Sept 17 (Reuters) - The U.S. dollar fell against the euro on Wednesday, after the Federal Reserve cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year.The euro EUR=EBS was 0.2% higher against the dollar at $1.1...Reuters
12 hours ago
CANADA FX DEBT-Canadian dollar edges lower as BoC resumes its easing campaign
Canadian dollar falls 0.2% against the greenbackTrades in a range of 1.3738 to 1.3769BoC cuts interest rates as expected10-year yield rebounds from a four-month low TORONTO, Sept 17 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as the Bank of Canada cut intere...Reuters
14 hours ago
Euro zone bond yields edge lower as Fed rate cut looms
Markets pricing in 25 bps rate cut for the FedGerman 10-year bond yields downGermany 30-year bond hit lowest level since Aug 14By Jaspreet Kalra and Canan Sevgili Sept 17 (Reuters) - Euro zone government bond yields eased on Wednesday ahead of a widely-expected U.S. Federal Reserve rate cut later...Reuters
14 hours ago
FOREX-Dollar edges up from four-year low versus euro as traders await Fed decision
Most major pairs cling to tight trading ranges ahead of FedPowell’s remarks in focus after near-certain rate cutYen rises with LDP leadership vote in Japan in the spotlightBy Saqib Iqbal Ahmed NEW YORK, Sept 17 (Reuters) - The dollar edged higher against the euro on Wednesday, rebounding from a f...Reuters
16 hours ago
