Taiwan’s central bank likely to slash rates on Thursday, to stay pat in December
Sep 26, 2016 06:26 am UTC| Commentary Central Banks Economy
The Central Bank of the Republic of China (Taiwan) (CBC) is expected to slash its discount rate at the monetary policy meeting scheduled to be held on Sep 29, 2016. However, it is seen to hold fire at the next policy meet...
Sep 23, 2016 13:11 pm UTC| Central Banks Insights & Views
CBT lowered its overnight lending rate by 25bps yesterday to 8.25% as had been widely anticipated; the central bank kept other policy parameters unchanged. The MPC statement was strikingly dovish in that its first remark...
Sep 23, 2016 12:17 pm UTC| Central Banks
RBI finalized the make-up of its new six-member monetary policy committee (MPC). They are three government nominees who are distinguished economists and three RBI members. In a split decision, the governor has the...
Higher inflation and better growth prospects in Norway imply less need for additional rate cuts
Sep 23, 2016 12:17 pm UTC| Insights & Views Economy Central Banks
Norges Bank earlier this week left the key policy rate unchanged and revised higher the interest rate path in line with market expectations. Rate path was raised by 24bps in Q4 2016 and 12-19 bps in 2017-19. The rate path...
FxWirePro: EM FX basket, treasury and corporate effects
Sep 23, 2016 11:35 am UTC| Central Banks Insights & Views
The corporate bonds in emerging market continue to outperform DM equivalents. However the supply advantage is fading, and currency movements are not big enough to justify the spread tightening. We still see EM corporate as...
FxWirePro: Test put/call parity of AUD/NZD options before choosing hedging strategy
Sep 23, 2016 09:17 am UTC| Research & Analysis Central Banks
We know that bullish trend has again resumed and it likely to drag further to higher levels up to 1.0705 levels. Uptrend seems to be intensified especially after RBNZ stood pat in its yesterdays monetary policy, leaving...
Un-shortable market will end in another big short
Sep 23, 2016 07:05 am UTC| Commentary Central Banks
This year, U.S. benchmark stock index is up around 5.67 percent and this is the eight year running; so it wont be anexaggeration to call it an un-shortable market. However, the biggest concern is not the consecutive rise...
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
The Mattei Plan: why Giorgia Meloni is looking to Africa
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