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Preview: Fed Speaks: Fed Dudley, Fed Evans, Fed Bullard

New York Fed President Dudley (FOMC voter) speaks: New York Fed President Dudley will present the macroeconomic outlook. We expect him to see a December rate hike as likely, given his view that the economy continues to perform Read More →

Renzi steps down after humiliating defeat, euro tumbles towards 1.05

Italian Prime Minister Matteo Renzi has announced his intention to step down after experiencing what seems to be a humiliating defeat in a referendum over his plan to reform the constitution, throwing the country and the euro zone into confusion. Read More →

CHF: SNB To Follow A Reactive Policy Vis-a-vis ECB: Where To Target? – Goldman Sachs

We expect the SNB to follow a reactive policy vis-à-vis the ECB, implying that it will likely try to match further potential easing steps by the ECB.

The current low level of policy rates somewhat limits its room to Read More →