ECB voices for more liquidity after GBP hit three decade’s lows on Brexit
Jun 24, 2016 12:51 pm UTC| Central Banks Insights & Views Commentary
Despite all statistical models which we or others had compiled, despite all volatility analyses or opinion polls, we hadnt really been able to imagine that the majority of the British would really vote in favour of leaving...
China’s economic rebound not on strong footing; room for PBoC to ease policy
Jun 24, 2016 12:45 pm UTC| Commentary Economy Central Banks
The Chinese economic rebound is still not on a strong footing. Even if investment in infrastructure is growing, private investment is weakening. In May, Chinas housing sector also slowed down due to macro-prudential...
ECB’s interference in financial markets keeps euro interest rates low
Jun 24, 2016 11:45 am UTC| Commentary Central Banks
The Eurozone interest rates remain low on account of the European Central Bank holding market grips by setting policy rates or by buying assets on financial markets. However, the market steers not only on the ECBs...
Downside risks to Japan’s economic outlook increase following Brexit; BoJ likely to expand QE
Jun 24, 2016 11:20 am UTC| Commentary Central Banks
The Brexit decision today has increased risks on the downside to Japans economic outlook. The financial channel is expected to have the most impact. The Japanese yen appreciated sharply amidst risk off sentiment. The...
Taiwanese central bank likely to loosen policy in June meeting
Jun 24, 2016 10:25 am UTC| Commentary Central Banks
The Taiwanese central bank is likely to loosen its monetary policy on 30 June following the governments downward revision to the nations growth forecast. The Taiwanese government lowered the 2016 growth outlook by 0.41...
US economy likely to slow, Fed seen keeping rates on hold in 2016 following Brexit
Jun 24, 2016 09:27 am UTC| Commentary Economy Central Banks
US Fed Chair Janet Yellen had mentioned during the June FOMC meeting that the UK exiting from EU might have consequences for the outlook of the U.S. economy and financial market developments. Earlier, the U.S. economy had...
Brexit decision may drive technical recession in euro area in H2 2016
Jun 24, 2016 09:02 am UTC| Commentary Economy Central Banks
With UK voting to leave the EU, the euro area is likely to experience a technical recession due to higher uncertainty and declining investment. The euro area is now likely to grow 1.2 percent in 2016 and 0.7 percent the...
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