Australian 10-year bond yields hit 1-week low after U.S. President Trump ends TPP deal

Jan 24, 2017 05:20 am UTC| Commentary Central Banks

The Australian 10-year bond yields hit 1-week low Tuesday after the United States President Donald Trump ended the long-standing 12-nation Trans-Pacific Partnership (TPP) trade deal with its Asian allies on Monday despite...

Central Banking Series

Malaysia's Bank Negara likely to keep policy rate on hold this year

Jan 23, 2017 16:17 pm UTC| Commentary Central Banks

The Bank Negara Malaysia (BNM) held overnight policy rate (OPR) unchanged at 3.00 percent, as it was widely expected at policy meet last week. In the policy statement that followed, Bank Negara noted that the private...

Kuroda’s optimistic comments at Davos suggest BoJ will maintain upbeat economic and price forecasts at Jan meet

Jan 23, 2017 15:08 pm UTC| Commentary Central Banks

Bank of Japan Governor Haruhiko Kuroda at the World Economic Forum at Davos was optimistic that Japans economy is likely to head toward a sustainable growth path as global trade and manufacturing activity pick up. The...

Central Bank of Turkey likely to hike rates at Tuesday's policy meet

Jan 23, 2017 14:34 pm UTC| Commentary Central Banks Economy

Central Bank of Turkey (CBT) meets Tuesday to decide monetary policy and is likely to hike the benchmark repo rate by 50 bp to 8.50 percent. Turkey has exceeded its inflation target of 5 percent for a very long time. It...

Chart of the Day Series

Chart of the Day: UK-US yield divergence

Jan 23, 2017 11:37 am UTC| Commentary Central Banks

Despite a sharp rise in inflation in the United Kingdom and warning from Bank of England (BoE) governor Marke Carney that the next move in the interest rate could be on the either side, speculators are bracing for a faster...

PBoC provides funds via TLF to some commercial banks, may raise interbank yuan funding costs in coming months

Jan 23, 2017 08:41 am UTC| Commentary Central Banks

The Peoples Bank of China on Friday stated that it gave funds over CNY 100 billion via a temporary liquidity facility to certain huge commercial banks for 28 days to assist in easing seasonal liquidity tightness prior to...

Reserve Bank of Australia likely to keep monetary policy unchanged

Jan 23, 2017 08:34 am UTC| Central Banks Commentary

The Reserve Bank of Australia (RBA) is expected to hold its first monetary policy meeting of 2017 on February 7. It is widely expected to maintain its bank rate at a historic low of 1.50 percent amid global market...