In his last policy decision, RBI governor Rajan keeps rates steady
Aug 09, 2016 06:13 am UTC| Commentary Economy Central Banks
The Reserve Bank of India Governor Raghuram Rajan delivered no surprises in its last monetary policy meeting while keeping the key policy rate unchanged at 6.50 percent. He had cut repo rateby 25 basis points in...
FxWirePro: A what if analysis on NZD/USD hedging framework with “Sure and Fire option strips”
Aug 08, 2016 12:36 pm UTC| Research & Analysis Insights & Views Central Banks
NZD OTC market functions are likely to intensify contemplating upcoming RBNZ OCR cut in its monetary policy by 25 bps to keep it at 2.00%. As a result of this speculation in the FX market, the New Zealand dollar moved...
Aug 08, 2016 11:45 am UTC| Central Banks
The RBNZ made it clear last month that it will be returning to the easing table, and like the consensus, we expect a 25bp OCR cut to 2.0% this week an all-time low. This is fully priced by the market. As a result of...
BSP unlikely to raise interest rate on account of low inflation
Aug 08, 2016 10:32 am UTC| Commentary Central Banks
The central bank of Philippines (BSP) is unlikely to adopt a tighter monetary policy in its meeting scheduled to be held on Aug 11, as long as inflation remains below the central banks target range, although gross domestic...
Fed’s Powell increasingly worried on secular stagnation
Aug 08, 2016 08:21 am UTC| Commentary Economy Central Banks
Former treasury secretary Larry Summers, who has been warning along with other economists that the U.S. economy may be stuck in astate called secular stagnation may have found a worrying fellow at the U.S. Federal Reserve....
Aug 08, 2016 07:36 am UTC| Insights & Views Central Banks
The divergence in theUK and US monetary policy expectations drove GBP/USD lower over the past week. Having briefly touched above 1.3350, the pair tumbled below 1.31 on Friday following the US data. The Bank of Englands...
Aug 05, 2016 14:50 pm UTC| Commentary Central Banks
The price of dairy in global auctions has risen more than 25 percent after bottoming in late 2015. The rise has been relatively steeper this year. But since the rise, the price has dropped more than 17 percent in New...
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