Fed Chair Janet Yellen hints at rate hike soon if economy continues to bloom
May 30, 2016 10:31 am UTC| Commentary Central Banks
The United States Federal Reserve Chair Janet Yellen hinted at a policy rate hike in the coming months, provided the economy continues to be on track, as expected and the job market continues to spring. Yellen hinted at a...
ECB likely to stay pat as market waits to factor earlier measures
May 30, 2016 08:34 am UTC| Commentary Central Banks
The European Central Bank is expected to stay on hold at its policy meeting, scheduled on Thursday since certain comprehensive measures that were ruled out in March, are still waiting to be implemented. Against such a...
Yellen hints at hiking rates soon, July seen as a possibility
May 30, 2016 07:00 am UTC| Commentary Central Banks
On Friday, US Fed chair Janet Yellen stated that raising the interest rate will be appropriate probably in the coming months if the labor market and economy continue to bolster. Yellens statements provide a further...
FED Hike Aftermath Series: Hike expectations slip again
May 27, 2016 13:15 pm UTC| Commentary Central Banks
Even after several warnings over the possibility of rate hike in June or July, by Rosengren, Esther George, Williams, Dudley, Lockhart, Powell and Bullard, market participants are still a bit far from pricing it. As a...
BoC keeps key policy rate on hold, external risks to economic growth remain
May 26, 2016 06:09 am UTC| Commentary Central Banks
The Canadian central bank yesterday maintained its key interest rate at 0.5%, on par with expectations. The Bank of Canada noted that the outline of the nations outlook has been altered amidst the Northern Alberta...
May 25, 2016 11:27 am UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 14:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of...
PBoC weakens fix to weakest in five years
May 25, 2016 05:59 am UTC| Commentary Central Banks
Peoples Bank of China (PBoC), in response to stronger Dollar has weakened the fix to 6.5693 per Dollar, a level not seen since March, 2011. It has now surpassed the weakest fix level seen in January this year, which led to...
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