Interest rates
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Turkey increases reserve requirements on FX deposits
Authorities aim to discourage citizens from transferring assets into other currencies, weakening the lira
City Index: yuan to hit seven within a month
China’s yuan has not seen such levels for more than a decade, but trade war with US induces flirtation
Fed cuts rates and halts balance sheet reduction
Decision sees hawkish dissents from Kansas and Boston Fed presidents Esther George and Eric Rosengren
Markets diverge on how far Fed will go
“There may be volatility in the markets later this week,” Fed-watcher says
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
Hibor may drop, but rates volatility will stay
Open interest of Hibor futures on HKEX on rise as market reacts to HKD rates’ higher volatility
Quinif touches down at HSBC
Brian Quinif left Nomura as it downsized emerging markets FX team
Zimbabwe’s ‘mono-currency’ move triggers sharp rate hike
Central bank hikes overnight rate by 35 percentage points as local currency becomes sole legal tender
Simon Potter exits New York Fed
Ray Testa will step in to lead the markets group while a successor is found
Strong dollar weighing on trade, says BIS
Advanced-economy monetary policy may have made the problem worse
Argentine peso plummets as political risk rises
Rising inflation and recession increase popularity of former president Cristina Kirchner
Bank of Jamaica should reduce FX ‘footprint’ – IMF
“Further rate cuts” also necessary, the fund says
TraderTools to roll out algo suite for regional banks
Regional banks on the platform will be able to behave like HFTs in their local currencies
Dollar strength remains a theme for 2019 – Rabobank
Almost by default, the greenback is likely to stay well supported when other currencies don’t look as attractive
ABN Amro: euro to bottom out in first half of 2019
The bank has downgraded its forecasts across euro crosses amid subdued growth
Refinitiv to keep Klibor contract with Bank Negara Malaysia
The firm will continue to administer the country’s interest rate benchmark
The ‘Cartel’ three: not guilty, but still paying a penalty
Despite their acquittal, the former FX traders face obstacles in trying to rebuild their careers – meaning the DoJ didn’t fail, says one expert
North American corporates lose $11bn on FX volatility
Almost six times as many companies reported currency headwinds in third quarter, FireApps analysis shows
RBA governor signals a rate cut more likely in 2019
Uncertain global outlook has rebalanced Reserve Bank of Australia's policy options
Fed takes cautious stance on rate path
Incoming Fed officials signal there may be a rate-hike pause
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
Volatility will not deter central banks
FX Week Europe panellists think central banks may see return of volatility as healthy mechanism that causes investors to recalibrate expectations
Best Banks Awards: BMO Capital Markets
BMO Capital Markets has been voted the winner of the Bank for Canadian Dollar award at the 2018 FX Week Best Banks Awards