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Central banks keep rates at record low

Britain, South Korea and New Zealand left interest rates at record lows on Thursday, with Canada expected to follow suit, but in Asia at least there were signs that thoughts are turning to tighter policy.

The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running and said it would keep its 175 billion pound asset buying programme, designed to pump money into the economy, in place.

Reuters

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March
18
Today’s Global
Market Events
7:30 am

USD
FOMC Member Duke Speaks
8:30 am

CAD
Foreign Securities Purchases
7.75b vs. 11.23b
USD
Core CPI m/m
0.1% vs. -0.1%
USD
Unemployment Claims
456k vs. 462k
USD
CPI m/m
0.1% vs. 0.2%
USD
Current Account
-120b vs. -108b
USD
FOMC Member Hoenig Speaks
10:00 am

USD
Philly Fed Manufacturing Index
17.6 vs. 17.6
USD
CB Leading Index m/m
0.1% vs. 0.3%
10:30 am

USD
Natural Gas Storage
-37b vs. -111b
12:45 pm

GBP
MPC Member Sentance Speaks
1:00 pm

CHF
Gov Board Member Danthine Speaks
5:45 pm

NZD
Visitor Arrivals m/m
-2.4%
10:00 pm

NZD
Credit Card Spending y/y
2.6%