RBA confident Australia will avoid recession supported by significant recovery in exports
Feb 21, 2017 12:02 pm UTC| Insights & Views Central Banks Economy
At the board meeting held on February 7, the Reserve Bank of Australia (RBA) policymakers voted to leave the cash rate unchanged at 1.50 percent as they judged that it would be consistent with sustainable growth in the...
FxWirePro: Uphold USD/SGD “Interest Rate Swaps” owing to Federal Reserve’s developments
Feb 21, 2017 10:15 am UTC| Research & Analysis Insights & Views Central Banks
If the Fed looks through the rise in prices, the real exchange rate will appreciate. The increased inflation due to tighter labor markets would also tend to increase the real exchange rate, though this almost certainly...
Bank Indonesia likely to hike 25 bps in 3Q17 on hopes of upbeat GDP growth, says DBS
Feb 21, 2017 07:03 am UTC| Commentary Economy Central Banks
Bank Indonesia (BI) is expected to hike its benchmark interest rate by 25 basis points to 5.00 percent by the third quarter of this year, following hopes of a strong growth in the countrys gross domestic product (GDP)....
FxWirePro: The Day Ahead- 21st February 2017
Feb 21, 2017 03:58 am UTC| Commentary Economy Central Banks
Lots of economic dockets and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Nikkei manufacturing PMI improves to 53.5 in February. Australia: RBA...
APRA fiddles on bank risk while Rome burns
Feb 21, 2017 02:56 am UTC| Insights & Views Law Central Banks
Australian Prudential Regulation Authority (APRA) chairman Wayne Byers has made it clear the bank regulator will be cracking down on bank capital levels this year. Bank capital reserves are a loss-absorber, designed to...
PBoC likely to proceed cautiously in raising interbank rates
Feb 20, 2017 11:50 am UTC| Central Banks Commentary
The Peoples Bank of Chinas (PBoC) easing cycle since late 2014 has been accompanied by a buildup in borrowing. By end-2016, the nations debt to GDP ratio swelled to 270 percent from 150 percent in 2008. On 24 Jan, the PBoC...
Feb 20, 2017 07:09 am UTC| Commentary Economy Central Banks
The Bank of Korea (BoK) is expected to adopt a balanced view about the growth and inflation outlook and to hold rates steady at Thursdays meeting. Economic growth has shown some signs of bottoming out, thanks to the recent...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects