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Thursday, December 19, 2024

Asia Market Movers: Reserve Bank of New Zealand forecast to cut by 50bp in February, then by 25 in April & May

Reserve Bank of New Zealand forecast to cut by 50bp in February, then by 25 in April & May

Headline is here from earlier: Westpac forecasts the Reserve Bank of New Zealand to cut cash rate to 3.25% by May 2025 Adding a little more in now: RBNZ to cut by 50bp at the February meeting, to 3.75... 

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USD/JPY jumps above 155.20 after BoJ votes 8 - 1 to leave rates unchanged again

The background of policy moves from the Bank of Japan going into today's meeting were two rate hikes this year: March 2024 : The BOJ ended its long-standing negative interest rate policy, which had be... 

Bank of Japan comprehensive review on past monetary easing steps

The BOJ announces the outcome of its comprehensive review on past monetary easing steps. Full text is here. comprehensive review concludes it is appropriate for the Bank to continue conducting monetar... 

Bank of Japan leaves rates unchanged, as expected

Bank of Japan Statement, full text is here . more to come... 

The BoJ hiked rates in March and July - how is December shaping up?

In 2024, the Bank of Japan (BOJ) implemented significant shifts in its monetary policy to address evolving economic conditions: March 2024 : The BOJ ended its long-standing negative interest rate poli... 

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FX option expiries for 18 December 10am New York cut

There is just one to take note of on the day, as highlighted in bold . However, watch out for the very, very much larger expiries on Friday! The one for today is for EUR/USD at the 1.0500 level once a... 

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