Chart of the Day: Negative pain
Dec 15, 2016 19:39 pm UTC| Commentary Central Banks Economy
This chart from bondvigilantes.com shows the close and cozy relationship between the yield of the 10-year bund and equity prices of the banks. The market doesnt seem to agree with the European Central Banks (ECB)...
Can't exclude another rate cut from Swiss National Bank - says SNB chairman Jordan
Dec 15, 2016 15:40 pm UTC| Commentary Central Banks
The Swiss National Bank (SNB) left its benchmark interest rate unchanged at record-low levels, and maintained its target band for 3-month Libor at -0.25 to -1.25 percent and the interest rate it charges on sight deposits...
Dec 15, 2016 13:44 pm UTC| Research & Analysis Central Banks
The above performance picture, we get from the monthly reporting hedge funds is quite disappointing than the picture from the daily reporting funds as even currency hedge funds performed poorly in November. As you could...
FOMC optimism on economy strengthens; dot plot implies three hikes in 2017
Dec 15, 2016 12:14 pm UTC| Insights & Views Economy Central Banks
The US Federal Reserve raised key interest rates by 25 basis points to between 0.50 per cent and 0.75 per cent on Wednesday in its second such hike since last December. The FOMC expects that with gradual adjustments in the...
BoK maintains stable policy rate, in line with market expectations
Dec 15, 2016 12:11 pm UTC| Commentary Economy Central Banks
Bank of Korea maintains the policy rates at 1.25 percent at the monetary policy meeting held Thursday, line with market expectations. While trade growth remained lukewarm, South Koreas growth for the first...
Bank Indonesia keeps interest rate unchanged at 4.75 pct, likely to remain on hold in 2017
Dec 15, 2016 12:09 pm UTC| Commentary Central Banks
As widely anticipated Bank Indonesia kept its 7 day reverse repo rate on hold at 4.75 percent during its meeting today. The central bank projects a subdued global economic rebound, but it foresees earlier reductions in the...
U.S. inflation numbers a key to further Fed rate hikes
Dec 15, 2016 11:56 am UTC| Commentary Economy Central Banks
The FOMC meeting yesterday projected three rate hikes for the next year, however, the actual path would depend lots on inflation figures over the year. Today, at 13:30 GMT, November inflation figures will be released from...
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