CBC, BoK likely to push for further rate cuts, almost near to zero
Jul 07, 2016 08:01 am UTC| Commentary Central Banks
The central banks of Taiwan and Korea are expected to administer further rate cuts in the near term, bringing the domestic rates near to zero, if inflation fails to improve. However, consumer prices are expected to decline...
Chart of the Day: Expanding negative yield universe
Jul 06, 2016 17:34 pm UTC| Commentary Central Banks
Negative yield universe is continuing its expansion. Globally now more than $11 trillion worth of government bonds are trading at anegative yield. In Switzerland the whole yield curve, up to 30 years trading in negative....
Riksbank holds repo rate at -0.5 pct, keeps its short-term easing bias
Jul 06, 2016 12:58 pm UTC| Insights & Views Commentary Economy Central Banks
Swedens Riksbank held its key benchmark repo rate at -0.5% and also made no changes to its Quantitative Easing program at a policy meeting held today. The Executive Board has assessed that there will be a longer delay...
Jul 06, 2016 12:25 pm UTC| Insights & Views Central Banks
USDCNY fixing rates continue to spike higher, which has triggered speculation that further CNY depreciation is looming on the horizon. While it seems that the Chinese central bank (PBoC) continues to weaken its currency...
Riksbank keeps repo rate and QE program unchanged; revises inflation's and GDP's forecasts down
Jul 06, 2016 09:57 am UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its repo rate on hold at -0.5 percent during its meeting on Wednesday, as widely expected by the market. Also, it kept its QE program unchanged. The Executive Board has assessed...
Fed’s Williams signals rate hike in 2016, dismisses further Brexit risk
Jul 06, 2016 09:08 am UTC| Commentary Economy Central Banks
The Federal Reserve Bank of San Francisco President John Williams, during a telephonic interview, signaled a rate hike this year, dismissing any further risks that might emanatefrom Britains likely exit from the European...
BoE trims banks’ capital requirements as Brexit risk weighs deeper
Jul 06, 2016 07:52 am UTC| Central Banks Economy Commentary Insights & Views
The Bank of England has trimmed the capital requirements of commercial banks in its bi-annual Financial Stability report (FSR) published on Tuesday, in an attempt to waive off mounting Brexitrisks, post the June 23 UK...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects