PBoC likely to stay neutral for an extended period to avoid potential financial bubbles
Aug 24, 2016 11:21 am UTC| Central Banks
The Peoples Bank of China is expected to stay neutral for an extended period of time, in order to avoid potential property and financial bubbles. The corridor of 7-day repo rate is targeted to centre around 2.25 percent...
Fed Hike Aftermath Series: 2-year auction speaks a lot on rate hike expectations
Aug 24, 2016 07:39 am UTC| Commentary Central Banks
The 2-year treasury auctions yesterday say a lot about market expectations of a hike and also on the Jackson Hole symposium, where Ms. Yellen is expected to speak. The symposium will begin on Thursday in the mountain...
Fed Hike Aftermath Series: Discount rate voting shows who’s hawk and who’s not
Aug 24, 2016 06:37 am UTC| Commentary Central Banks
The U.S. Federal Reserve is scheduled to meet in the middle of the next month to decide their next move and some analysts think that the Fed can go for rate hikes at that meeting. Lets have a look at the minutes of Feds...
FxWirePro: Trading rules for EM FX baskets amid global uncertainties
Aug 23, 2016 13:45 pm UTC| Central Banks
The dollar weakened on Tuesday as uncertainty over the timing of the next Federal Reserve rate hike weighed ahead of a speech by Fed Chair Janet Yellen later in the week. The U.S. central bank raised interest rates for the...
FxWirePro: Make or break moment for USD/JPY amid Fed’s patience and BoJ’s impotence
Aug 23, 2016 12:01 pm UTC| Central Banks Insights & Views
The dollar slipped lower against the other major currencies on Tuesday, as investors became more cautious ahead of Fridays speech byFederal Reserve Chair Janet Yellen. Market participants are hoping Ms. Yellen will give...
Central Bank of Russia expects inflation to slow further; conditions for further rate cuts evident
Aug 23, 2016 11:52 am UTC| Commentary Central Banks
A cautious monetary policy was pursued by the Central Bank of Russia in the second half of 2015. The rate reduction cycle was put on hold. It wanted to wait and watch if inflation would decelerate significantly in line...
Secular stagnation and next recession likely to weigh in Jackson Hole
Aug 23, 2016 07:51 am UTC| Commentary Economy Central Banks
Federal Reserve policymakers, finance ministers, and central bankers around the world will meet in the mountain resort of Jackson Hole to attend the economic policy symposium organized by Kansas City Federal Reserve. The...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects