RBNZ focuses to curb rising home prices in its Financial Stability Report
May 11, 2016 09:14 am UTC| Central Banks
The Reserve Bank of New Zealand in its Financial Stability Report released today, mentioned its aim to curb the nations rising house prices by imposing adding lending restrictions on banks releasing home loans. However, no...
RBA likely to ease further on poor inflation and growth figures
May 11, 2016 07:25 am UTC| Central Banks
The Reserve Bank of Australia is expected to make an easing move further this year and may cut rates to as low as 0 pct as inflation and economic growth limps on. According to BT Investment Management, weakness in domestic...
FxWirePro: ECB’s infinite stimulus but finite losses on hedging Euro rates through ATMFs
May 10, 2016 12:59 pm UTC| Commentary Central Banks
We see room for cutting the deposit rate to -0.75%, but there is no technical limit for an instance. With Draghi signalling that we are close to the limits on the deposit rate, however, further cuts are not likely in...
May 10, 2016 11:47 am UTC| Commentary Central Banks
Euro gained against dollar about 8.24% in last 5 and half months despite ECBs monetary policy pressures, but central banks pressures have hampered euros growth pace but confronting to address geopolitical issues. We see...
BoE’s Carney signals rate cut on Brexit prospects
May 10, 2016 06:16 am UTC| Central Banks
Governor Mark Carney of the Bank of England has warned the nations commercial banks and other financial institutions of a possible rate cut on prospects of Britains exit from the European Union. He had earlier reiterated...
FxWirePro: Leverage benefits in “GBP/AUD speculative strategy CCS” amid BoE vs RBA policy divergence
May 09, 2016 12:13 pm UTC| Insights & Views Central Banks
The RBA surprised by cutting in May, which suggests another cut to 1.5%, probably in August. We expect the BoEs bank rate is likely to be unchanged in this weeks monetary policy, as is the split of the vote. We think...
FxWirePro: Driving forces of BoE’s status quo in May and hedging sterling
May 09, 2016 11:00 am UTC| Commentary Central Banks
Firm sentiment deteriorated in UK noticeably in April and is likely to worsen further as the EU referendum draws nearer, supporting our expectation of zero growth in Q2 16. UK PMIs for all sectors have deteriorated...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects