Bank of Israel likely to remain on hold

Israel inflation has started to increase, and the BoI forecasts that it will move up to the centre of the target by mid-2016. 

"The Bank of Israel (BoI) to remain on hold at 0.10% next week", says Barclays. 

However, ILS appreciation remains a concern given underperformance in exports, and recently caused the BoI to increase its FX interventions considerably.