Fed hike expectations, yuan IMF SDR inclusion to add to more volatility in yuan FX rate – China’s NBS

Reuters reporting the comments from China's National Bureau of Statistics (NBS) on the yuan, capital flows and Federal Reserve:

Federal Reserve rate hike expectations, yuan inclusion in IMF SDR basket to add to more volatility in yuan FX rate

China experiencing more cross-border capital flows, will have larger impact on balance of payments

China trying to find balance between stable yuan, monetary policy adjustments, capital flows

Will closely watch capital flows, Fed's policy decisions

Mar 7, 2016

Will scrutinize the impact of negative rates on money market –BOJ’s Kuroda

While addressing a Business Group today, BOJ Governor Mr. H. Kuroda said that the central bank will scrutinize the impact of negative rate policy on money markets.

US Feb Payrolls: Headline strong but wages big disappointment – ING

Rob Carnell, Chief International Economist at ING, notes that the US labour report was its usual mixed bag – but we think the release is dominated by the soft wages component.