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...

RBA leaves rates unchanged, August meeting still ‘live’

Jul 05, 2016 13:36 pm UTC| Commentary Central Banks

After omitting an explicit easing bias in the June post-meeting statement, the RBA on Tuesday left the cash rate unchanged at 1.75 percent and introduced a soft easing bias in its statement that followed. The...

National Bank of Poland likely to discuss new policy tools, rates to stay stable

Jul 05, 2016 12:30 pm UTC| Commentary Central Banks

The National Bank of Polands Monetary Policy Council is likely to keep the key interest rate on hold at 1.5 percent during its meeting on Wednesday, noted Societe Generale in a research report. Furthermore, the central...

Despite recovery in oil price Moody’s warns on Saudi banks

Jul 05, 2016 08:01 am UTC| Commentary Central Banks Economy

The oil price has recovered more than 90 percent from their bottom in February but one of the top three rating agencies Moodys has warned of the liquidity pressure in Saudi Arabias banks. The squeeze is likely to take its...

RBA keeps cash rate on hold; strong likelihood of easing in August

Jul 05, 2016 07:36 am UTC| Commentary Central Banks

During its meeting on Tuesday, the Reserve Bank of Australias Board decided to keep the cash rate on hold at 1.75 percent, as widely anticipated by markets. The central bank also introduced a soft easing bias in its...

RBA monetary policy: Assessing future bias

Jul 05, 2016 07:36 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) maintained its monetary policy stance at todays meeting and kept interest rates steady at 1.75%. Lets look at the details of policy announcement to assess the bias of RBA. Key...

Philippines’ headline inflation accelerates in June on rise in food prices

Jul 05, 2016 05:16 am UTC| Commentary Economy Central Banks

The Philippines annual headline inflation continued to accelerate in June, consistent with consensus expectation. The annual headline inflation quickened to 1.9 percent, the most rapid pace in more than one year, helped by...