Bank of Mexico hikes rates by 50bps, more upside in USD/MXN possible in near term, says Nordea Bank
Nov 18, 2016 04:43 am UTC| Commentary Central Banks
The Mexican central bank raised interest rates yesterday to their highest in more than seven years. The Bank of Mexico hiked rates by 50 basis points to 5.25 percent as the U.S. election result weakened the Mexican peso....
Bank of Mexico hikes rates by 50bps, more upside in USD/MXN possible in near term, says Nordea Bank
Nov 18, 2016 04:43 am UTC| Commentary Central Banks
The Mexican central bank raised interest rates yesterday to their highest in more than seven years. The Bank of Mexico hiked rates by 50 basis points to 5.25 percent as the U.S. election result weakened the Mexican peso....
Rising yields pose concerns for BoJ’s new policies
Nov 17, 2016 10:36 am UTC| Commentary Central Banks
Bank of Japan (BoJ) surprised the financial market by offering to buy anunlimited amount of 5-year JGB notes at -4 basis points and 2-year paper at -9 basis points. However, the offer failed to attract any bids at the...
Rising yields pose concerns for BoJ’s new policies
Nov 17, 2016 10:36 am UTC| Commentary Central Banks
Bank of Japan (BoJ) surprised the financial market by offering to buy anunlimited amount of 5-year JGB notes at -4 basis points and 2-year paper at -9 basis points. However, the offer failed to attract any bids at the...
Rising yields pose concerns for BoJ’s new policies
Nov 17, 2016 10:36 am UTC| Commentary Central Banks
Bank of Japan (BoJ) surprised the financial market by offering to buy anunlimited amount of 5-year JGB notes at -4 basis points and 2-year paper at -9 basis points. However, the offer failed to attract any bids at the...
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