June hike off the table, Fed to seek more evidence before pushing rates higher
Jun 06, 2016 10:58 am UTC| Insights & Views Central Banks
Non-farm payrolls report for May released last Friday showed US employment growth slowed sharply to 38k jobs in May which was weak even after adding back the 35k striking Verizon workers. Revisions to previous payroll data...
FED hike aftermath Series: Hike odds back to November post-NFP
Jun 06, 2016 10:08 am UTC| Commentary Central Banks
After disappointing payroll number on Friday, which showed headline gains of just 38,000, market participants rolled back their expectations for future hikes from U.S. Federal Reserve. Last two months payroll numbers also...
Key comments from Brainard, Mester and Rosengren post-NFP
Jun 06, 2016 08:55 am UTC| Commentary Central Banks
Fridays jobs report was a big disappointment for market participants, hence, Dollar was sold off sharply against both developed and developing markets currencies. The Dollar index is currently trading at 94.1, down -4.6%...
ECB's Villeroy: Brexit would likely trigger turmoil, central banks would have to act
Jun 05, 2016 04:40 am UTC| Central Banks
Brexit would likely trigger flight-to-safety, widen intra-EMU bond spreads Eurozones answer if Brexit happens should be speed up integration Helicopter money is purely an academic...
ECB leaves rates unchanged, warns of possible downside risks
Jun 03, 2016 07:39 am UTC| Commentary Central Banks
The European Central Bank, at its policy meeting yesterday, left interest rates unchanged, while sounding cautious on the outlook for the Euro zone, which faces downside risks from global threats, especially the Brexit...
ECB unveils further details on corporate bond purchases
Jun 03, 2016 05:44 am UTC| Commentary Central Banks
European Central Bank (ECB) president Mario Draghi, speaking at monetary policy press conference, provided more details on its corporate bond purchases, which began officially this month. First and foremost, ECB assured...
Is Japan pursuing Helicopter policies?
Jun 02, 2016 07:04 am UTC| Commentary Central Banks
Japanese prime Minister Shinzo Abe, ended speculations over consumption tax rise yesterday, by announcing that he plans to delay the rise in consumption tax from 8% to 10%, until October, 2019. It was raised from 5% to 8%,...
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