Bank of Thailand likely to maintain policy rate at 1.5 pct
Jun 21, 2016 06:13 am UTC| Commentary Central Banks
Bank of Thailand (BoT)is likely to keep its policy rate on hold at 1.5 percent on Wednesday as easing of the policy might give limited help to the Thai economy and inflation, said Scotiabank in a research report. According...
RBA meeting minutes suggest only mild easing bias; August rate cut a close call
Jun 21, 2016 05:38 am UTC| Commentary Central Banks
The Reserve Bank of Australia released its June meeting minutes that provided the same message that the bank delivered in its post-meeting statement. It implied a slight easing bias. Indeed, the strong economic activity...
Norges Bank likely to maintain interest rate at 0.5 pct and to keep strong easing bias
Jun 20, 2016 13:09 pm UTC| Commentary Central Banks
In its upcoming meeting, the Norges Bank is likely to keep its rates on hold at 0.5 percent and is expected to repeat the strong easing bias from its earlier meetings, said Danske Bank in a research report. The rate path...
BoJ’s Kuroda admits failure in meeting inflation target in 2 years
Jun 20, 2016 13:03 pm UTC| Central Banks Economy Commentary
The Bank of Japan Governor Kuroda has, for the first time, admitted that the central bank has failed in its attempts to reach the inflation target of twopercent in a two-year framework, underscoring the challenges of...
Jun 20, 2016 11:13 am UTC| Central Banks Insights & Views
We suggest that offsetting forces and a period of relatively calm central bank activity will push FX volatility down in H2. Major central banks such as BoJ, RBA, RBNZ and the ECB face strong internal resistance to deeper...
German Q2 growth likely to slow down sharply: Bundesbank
Jun 20, 2016 10:53 am UTC| Central Banks Commentary Economy
According to Bundesbank, Germanys second quarter growth is likely to slow down sharply, before re-bounding later in the year to return to a solid growth path. Growth is likely to witness a setback in the second quarter,...
FxWirePro: Hedging bearish risks as AUD’s renewed weakness linger during H2 due to RBA’s deferral
Jun 20, 2016 10:33 am UTC| Insights & Views Central Banks
From RBA, the rate cut in May month has nothing to do with growth, and everything to do with inflation. More RBA cuts in the months to come and we reckon this is not completely priced in, the RBA surprised the market...
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