Chart of the Day: Racing to the Bottom
Aug 10, 2016 16:00 pm UTC| Commentary Central Banks
Gilt yields acceleratedtheir pace towards the bottom after the Bank of England (BoE) fell short of their purchase target by52 million. It seems scarcity of the bonds could be a major hindrance for the...
RBNZ needs to judge by its mandate and act
Aug 10, 2016 14:02 pm UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past year or so, RBNZ has reduced rates from 3.5 percent to 2.25 percent, which is an all-time low, however, the bank is...
Aug 10, 2016 13:03 pm UTC| Central Banks Insights & Views
PBoCs interventions to depreciate CNY seems to be successful as the Chinese central bank (PBoC) continues to weaken its currency via the fixing, the fixing rates are generally in line with what the fixing model suggests so...
Aug 10, 2016 12:49 pm UTC| Central Banks Research & Analysis
Please be noted that the ATM IVs of 1D and 1W expiries of NZDCAD are spiking at sky rocketed pace, 21.36% and, 12.57% respectively. This heaped on noise in NZDCAD OTC operations are owing to todays RBNZ monetary policy,...
Bank of Mexico likely to keep overnight rate unchanged on Thursday
Aug 10, 2016 11:56 am UTC| Commentary Central Banks
The Bank of Mexico is likely to stand pat during its board meeting on Thursday, said Societe Generale in a research note. The central bank, during its meeting in June had tightened the policy more than expected due to...
RBNZ likely to slash cash rate to new record low of 2 pct
Aug 10, 2016 11:38 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand is expected to slash the central banks Official Cash Rate (OCR) by 25 basis points to new record low of 2.00 percent at its monetary policy meeting scheduled to be held on August 11...
Bank of Korea likely to keep policy rate on hold at 1.25 pct
Aug 10, 2016 11:16 am UTC| Commentary Central Banks
The Bank of Korea, South Koreas central bank, is likely to keep its policy rate unchanged at 1.25 percent during its meeting on Thursday, said Societe Generale in a research note. Recently, market anticipation of a...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects