Riksbank’s December meeting minutes slightly dovish than anticipated, says Nordea Bank
Jan 12, 2017 10:33 am UTC| Commentary Central Banks
During its December meeting, the Riksbank maintained the repo rate at 0.5 percent and did not make any revisions to the repo rate path. The quantitative easing program was extended into the first half of 2017 with SEK 15...
U.S. Fed likely to hike rate to 1 pct in June, says Lloyds Bank
Jan 12, 2017 07:12 am UTC| Commentary Central Banks
As was widely expected, the U.S. Fed had hiked its interest rates in December to 0.75 percent. The dot plot, which is the median policy rate projection of members was upped to three rate rises in 2017 from two previously,...
Brazil central bank surprises market with deeper interest rate cut, lowers 75bps to 13 pct
Jan 12, 2017 06:42 am UTC| Commentary Central Banks Economy
The Brazil central bank (BCB) in its first monetary policy of 2017, surprised markets with a deeper interest rate cut of 75 basis points to 13 percent, hitting the lowest level since March 2015. This rate cut was higher...
Jan 12, 2017 06:39 am UTC| Digital Currency Central Banks Commentary
BTCUSD could not manage to establish its all-time highs, plummeted from the recent highs of 1163 to the current 758 levels in just 2 weeks. Well, bears getting traction ahead if you have to look into the volumes indicator...
National Bank of Poland stands pat, likely to keep rates on hold until 2017-end
Jan 12, 2017 06:26 am UTC| Commentary Central Banks
The Monetary Policy Council of National Bank of Poland yesterday decided to keep its interest rates on hold. The central bank left its benchmark reference rate at 1.5 percent, consistent with market expectations, and...
FxWirePro: The Day Ahead- 12th January 2017
Jan 12, 2017 05:02 am UTC| Commentary Central Banks Economy
Lots of economic data and events scheduled for today but all with low to medium risks associated. Upcoming: Japan: Eco watchers survey for December will be published at 5:00 GMT. France: Consumer price...
PBoC launches spot checks on major bitcoin exchanges
Jan 11, 2017 14:48 pm UTC| Commentary Central Banks
The Peoples Bank of China (PBOC) said on Wednesday that it has launched spot checks on major bitcoin exchanges in Beijing and Shanghai, including BTCC, Huobi and OKCoin. The central bank said the reason behind the move was...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US student Gaza protests: five things that have been missed
Will Solomon Islands’ new leader stay close to China?
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects