Aug 10, 2016 09:56 am UTC| Central Banks
In conjunction with annual inflation exceeding over 7 pct in August which is at risk and the threat remains that it will top the 4 pct target next year, Russias central bank (CBR) is expanding its efforts to mop up surplus...
Aug 10, 2016 06:52 am UTC| Research & Analysis Central Banks
As early as March the central bank had cut rates due to the strong NZD. And only last month it pointed out that the kiwi is still trading approx. 6% stronger on a trade-weighted basis than it had assumed in its...
Aug 10, 2016 06:49 am UTC| Central Banks Insights & Views
In Australia, RBA Governor Stevens will deliver his final speech before retirement at 1pm AEST. The AUD continued to grind higher today with the USD on the back foot against most major currencies. NZD also rallied...
Worrisome Signs Series: Total business sales in the U.S. remain in recession
Aug 10, 2016 06:15 am UTC| Commentary Central Banks Economy
U.S. economy may be continuing its growth and remains still a bit far away from recession, but sections of the economy remainwell into contraction. Many of the indicators like real gross domestic Private investments are...
Lack of sellers sparks trouble for BoE asset purchases
Aug 10, 2016 05:46 am UTC| Commentary Central Banks
The Bank of Englands (BoE) newly enhanced asset purchase program that includes a 60 billion increase to the current asset purchase program and afresh introduction of 10 billion corporate securities purchase program ran...
Reserve Bank of India stands pat; concerns for inflation outlook remain
Aug 09, 2016 09:45 am UTC| Commentary Central Banks
The Reserve Bank of India kept its key policy rates on hold Tuesday. The bi-monthly policy statement mentioned the central bank has decided to keep the policy repo rate under the liquidity adjustment facility unchanged at...
A close watch needed on widening TED spread
Aug 09, 2016 07:13 am UTC| Commentary Central Banks
The cost of unsecured U.S. Dollar funding is creeping up and it has been creeping up since 2014, however, recent days have seen arelatively sharp jump in that cost not seen in years. The spread between the risk-free rates,...
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