FxWirePro: Brexit outcome hinders US Fed’s hiking cycle in H2 2016
Jun 24, 2016 08:04 am UTC| Insights & Views Central Banks
On the result day of Brexit referendum, the globalmarkets buckled up as Britains vote on European Union membership infected almost all asset class. The Brexit camp winning with scores of 51.9% votes, the United Kingdom...
RBA likely to ease policy in August following a shocking 'Brexit'
Jun 24, 2016 07:28 am UTC| Commentary Central Banks
The Reserve Bank of Australia is likely to adopt easing in its monetary policy stance by August, following a persistent low inflation amid a shocking decision by the United Kingdom to leave the premises of the European...
PBOC likely to cut policy rate as UK votes to leave EU
Jun 24, 2016 06:07 am UTC| Commentary Central Banks Economy
The Peoples Bank of China (PBoC) is expected to advocate another additional cut in the reserve requirement ratio, in reaction to Britains withdrawal of its membership from the European Union. Although the Brexit result is...
Yen at 2-year highs against the US dollar; likelihood of BoJ intervention?
Jun 24, 2016 04:12 am UTC| Commentary Central Banks
Markets now believe Brexit is pretty much a done deal after Birmingham voted in favor of exit. Nikkei 225 plummets -7.3%, USD/JPY hits lowest levels since Nov 2013. How much yen appreciation will the BoJ...
Norges Bank holds rates, rate path marginally hawkish
Jun 23, 2016 14:05 pm UTC| Commentary Central Banks
Norges Bank left its monetary policy unchanged at todays meeting as widely expected. The central bank kept benchmark rate intact at 0.50%. The revised rate path still has a 100% implied probability of a 25bp rate cut in H2...
ECB reinstates waiver for use of Greek sovereign bonds as refinancing collateral
Jun 23, 2016 11:52 am UTC| Insights & Views Economy Central Banks
At a meeting in Frankfurt, the European Central Banks governing council reinstated the waiver that allows Greek sovereign bonds to be accepted as collateral for regular auctions of ECB cash, despite their junk rating. The...
Colombia central bank raises policy rate for 10th straight month to curb inflation
Jun 23, 2016 11:40 am UTC| Central Banks Commentary Economy
Colombias central bank raised its monetary policy rate for the 10th straight month in a row, in a bid to curb inflation, reiterating its statement from May that it must ensure that the recent shocks to inflation remain...
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