Negative Rates Series: $11.7 trillion government debt trades in negative
Jun 30, 2016 05:34 am UTC| Commentary Central Banks
According to data released by Fitch rating agency on Wednesday, relentless purchases from the investors led to the expansion of negative yielding government bond universe by $1 trillion so far this month and by $1.3...
Czech National Bank likely to keep monetary policy on hold for now
Jun 30, 2016 05:32 am UTC| Commentary Central Banks
The Czech National Banks board is expected to keep its policy unchanged at its meeting on Thursday, noted Societe Generale in a research report. The central bankers are likely to affirm that the forward guidance for the...
Briferendum Aftermath Series: Market prices no hike by BoE in next 5 years
Jun 29, 2016 12:49 pm UTC| Commentary Central Banks
The referendum effect. Bank of England (BoE) has been sitting tight on monetary policy and left the rates unchanged for more than seven years now and if the market is predicting it right, the central bank is expected to...
FxWirePro: Swedish inflation curtails rate cut prospects by Riksbank
Jun 29, 2016 12:38 pm UTC| Insights & Views Central Banks
The brisk spike in inflation probably rules out new cuts by the central bank in Sweden. After four years mainly spent below 1%, the Swedish CPIF bounced sharply to 1.5% at the beginning of the year, taking a step towards...
Markets recalibrate Fed pricing in the wake of Brexit, hike unlikely until 2018
Jun 29, 2016 12:21 pm UTC| Insights & Views Central Banks Commentary
After the outcome of the recent UK referendum a period of heightened uncertainty is expected to prevail in the coming weeks, possibly months. European leaders appear to want to move forward with Brexit plans as quickly as...
Bank of Mexico likely to hike rates on depreciating currency
Jun 29, 2016 12:17 pm UTC| Commentary Central Banks
The Bank of Mexico is expected to hike its key interest rate on Thursday. With the peso depreciating sharply last week and the sustained pressure on the currency, the central bank is likely to raise rates by 25 basis...
Taiwan’s central bank likely to ease monetary policy on weak growth outlook
Jun 29, 2016 10:39 am UTC| Commentary Central Banks
Weak external demand has been muddling Taiwanese economic rebound, while underlying inflationary pressures continue to be weak. The nations central bank is expected to ease its policy again during its June meeting amidst...
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