National Bank of Poland springs no surprises, remains on hold as expected
Dec 08, 2016 10:44 am UTC| Commentary Central Banks Economy
The National Bank of Poland remained on hold, as per market expectations, throwing no surprise bursts at all. According to NBP Governor Glapinski, the current economic deceleration had been anticipated, but improved...
Dec 08, 2016 09:17 am UTC| Central Banks Insights & Views
The Reserve Bank of India unexpectedly left its benchmark repo rate unchanged at a six-year low of 6.25 pct during the meeting held on December 7th despite wide expectations of a rate cut, following a severe cash crisis....
FxWirePro: EUR/JPY - Buy the trend and sell the ECB news via bear calendar spread with reduced cost
Dec 08, 2016 09:00 am UTC| Central Banks Research & Analysis
As stated in our recent technical write up, EURJPY bulls manage to break out above major resistances of 113.946, 116.250, 121.526, Current upswings consistently well above DMAs and sustain above these levels would take us...
Mixed bag euro hedging sentiments as Draghi to weigh Italian referendum impact on QE
Dec 08, 2016 07:45 am UTC| Central Banks Commentary
The political uncertainty is dominant in theeuro area, ECB President Mario Draghi said in an interview with El Pais published last week. So far weve seen that in the short-term the response to these uncertainties has been...
Bank of Canada stands pat, likely to remain on hold through end of 2018
Dec 08, 2016 06:10 am UTC| Commentary Central Banks
On Wednesday, the Canadian central bank, Bank of Canada, maintained its main policy interest rate at 0.5 percent. The central bank indicated towards bolstering global economic conditions; but counterbalanced this against...
FxWirePro: The Day Ahead- 8th December, 2016
Dec 08, 2016 05:24 am UTC| Commentary Economy Central Banks
Not many economic dockets and events scheduled for today but some with high volatility risks associated. Data released so far: United Kingdom: RICS house price balance came at 30 percent in...
BoJ Deputy Governor Iwata holds emphasis on money printing, exposes rifts between board members
Dec 07, 2016 16:52 pm UTC| Commentary Central Banks Economy
Bank of Japan Deputy Governor Kikuo Iwata, supporter of aggressive money printing in the nine-member board, shrugged off the view the BOJ was now putting less emphasis on pumping money. Iwata stressed that the BOJ will...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight