UK might slip into recession in H2 16; would prompt Bank of England to ease monetary policy
Jun 28, 2016 12:30 pm UTC| Insights & Views Economy Central Banks Commentary
UK outlook following the decision to leave the EU largely depends on how the withdrawal negotiations progress. The longer-run consequences of a Brexit depend on the future UK/EU relationship. Risks of a marked...
No safe havens like Japanese assets
Jun 28, 2016 07:32 am UTC| Commentary Central Banks
Japanese fixed income assets and its currency are once again proving to be the best haven in turbulent times. Investors just love piling into the countrys bonds and yen, whenever there are signs of trouble and...
ECB likely to closely monitor Brexit developments, seek to stabilize markets
Jun 28, 2016 06:10 am UTC| Commentary Central Banks
The European Central Bank is expected to closely monitor the developments that are rising and are deemed to take place post the Brexit win in the June 23 UK referendum. Soon after the UKs unexpected decision in favor of...
Chart of the Day: Fed hike expectation disappears post-referendum
Jun 27, 2016 16:42 pm UTC| Commentary Central Banks
With British voters voting in favor of leaving the European Union, no hike from Fed is expected in the near future. Federal Reserve likely to wait out until further clarity on the impact, especially with inflation below...
Jun 27, 2016 12:18 pm UTC| Insights & Views Central Banks
The large central banks reacted to the Brexit shock as they should react to quick risk-off moves: they affirmed that if necessary the liquidity supply would be ample. However, in the majority of G7 countries, the local...
Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook
Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy
The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...
Taiwan central bank likely to ease policy as inflation maintains weakness
Jun 27, 2016 06:17 am UTC| Central Banks Commentary
The Central Bank of the Republic of China (Taiwan) is expected to cut rates at its monetary policy meeting, scheduled to take place this Thursday as weakening inflation, coupled with a deteriorating labor market has kept...
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