Get the information you need to understand how central banks manage their local currency and economy.
Central Bank Meetings are periodic gatherings of a monetary policy committee to evaluate the effectiveness of the current economic policy.
SARB is one of the most influential central banks. It was Africa’s first central bank and practically the first one ... ➤ Read more
China is a major player in the global financial markets, which makes the PBOC particularly influential. ⭐ Read more.
The Reserve Bank of New Zealand, also referred to as the RBNZ, is one of the leading apex banks in the world. ⭐ Read more.
The Bank of Canada handles operations that ensure that the economic & financial environments in Canada thrive. ⭐ Read more.
RBA has a massive influence on local and international assets. The interest rate decision has the potential to move the FX markets.
Gain the upper hand with AvaTrade’s wide selection of JPY related assets, once you've learned how to analyse BoJ decisions impact.
SNB is the central bank of Switzerland, & it has the responsibility to formulate the country’s monetary policy. ⭐ Read more.
Here we look at the history, structure & functions of the BoE, and how it's decisions can be used in trading. ⭐ Read more.
The European Central Bank (ECB) is the top monetary institution in the EU, governing the Euro & financial affairs in the region. ⭐ Read more.
Want to know how the Fed’s decision makers operate and how their actions affect the U.S. markets and economy? ⭐ Read more
Central bank interventions can cause extreme volatility in the forex markets. Click here to learn more about them + some tips about trading during such events.
Central banks are tasked with the regulation of other banks in the country as well as the formulation and implementation of monetary policies that will help grow and sustain the underlying economies. This important role is the main reason why central bank meetings are crucial events for market participants. Major global central banks meet periodically to set the monetary policy environment that will help them to realise their objectives. These objectives can be target inflation, the unemployment rate and overall GDP. A major threat to sustainable economic growth is price stability, and this generally tops the agenda of central bank meetings. In addition to targeting inflation, central banks can also directly interfere in the markets to influence the demand and supply of money.
To achieve their motives, central banks utilise various tools that include:
The most important central bank in the world is, without doubt, the US Federal Reserve. This is because of the country’s standing in the global economy as well as the power of the US dollar in international trade. Other influential central banks include the European Central Bank (which covers the bulk of Europe), Bank of England, Bank of Canada, Bank of Japan, People’s Bank of China, Swiss National Bank, South African Reserve Bank, Reserve Bank of New Zealand, and the Reserve Bank of Australia. It is important to track the periodic monetary policy meetings of these banks using the Economic Calendar tool to stay on top of major fundamental opportunities in the market.