FED Hike Aftermath Series: Larger monetary policy divergence means lower rate hikes from FED
Mar 31, 2016 12:49 pm UTC| Commentary Central Banks
After FED chair Janet Yellen warned that policymakers need to move cautiously in hiking rates, given the current levels of low ammunitions, should the economy turn for worse. It is better to wait and hike than to move fast...
Renminbi Series: Yuan-Hibor turns negative first time ever
Mar 31, 2016 10:47 am UTC| Commentary Central Banks
Remember the Hibor? That came notoriously famous as after this Yuan based, Hong Kong interbank offered rate, in January reached 66.8% in January. At that time Peoples Bank of China (PBoC) drained Yuan liquidity from...
FED Hike Aftermath Series: Checking the hike odds post-Yellen
Mar 31, 2016 06:16 am UTC| Commentary Central Banks
After initial FOMC projections cut jolt, rate hike odds were fast forwarding towards June as FOMC projected two rate hikes this year. So which could be the best month to increase rates than June if the hikes to be...
An upbeat employment report could keep alive expectations of June Fed hike
Mar 30, 2016 15:16 pm UTC| Commentary Central Banks
March non-farm payrolls will be the key release this week (Fri), and the ADP employment report on Wednesday will be watched for clues. Although the monthly correlation is not especially high, another 200k+ outturn for ADP...
Euro Zone bonds rally as additional ECB buying to kick off tomorrow
Mar 30, 2016 09:26 am UTC| Commentary Central Banks
Bonds across globe are parting since last night after FED chair Janet Yellen indicated that she is a dove and will be advocating for cautious approach towards rate hike, at a time when financial market volatilities are...
RBI likely to lower rate next week
Mar 30, 2016 07:57 am UTC| Commentary Central Banks
The Reserve Bank of India, in its policy guidance, takes in inflationary expectations along with headline/core inflation. Inflationary expectations continued to increase during the central banks survey in December 2015....
Cautious Yellen sets tone ahead of March NFP
Mar 30, 2016 06:35 am UTC| Commentary Central Banks
Relatively dovish comments from FED chair Janet Yellen have set the tone of the market, heading into Fridays non-farm payroll report. Her remarks are in sharp contrast to some other notable FED speakers, in this years...
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