Fed likely to put more weight on the ISM non-manufacturing index (Wednesday)
Feb 02, 2016 16:37 pm UTC| Commentary Central Banks
US ISM non-manufacturing index is scheduled to be released on Wednesday and expectations are for the index to have edged slightly lower to 55.1 from a reading of 55.3 in the previous month. While the ISM manufacturing...
RBA cash rate likely to stay unchanged throughout 2016
Feb 02, 2016 14:43 pm UTC| Commentary Central Banks
RBA as expected kept rates unchanged at todays meet, staying on hold for the eighth consecutive meeting since cutting to this record-low level in May 2015. The policy statement continued to view current monetary policy...
ECB alone can’t fight employment fragmentation in member states
Feb 02, 2016 12:19 pm UTC| Commentary Central Banks
Latest unemployment report released from Eurostat for December month, show employment improved to levels last seen during 2011. Overall unemployment rate in the region dropped to 10.4%, which is a remarkable improvement,...
BCB likely to increase selic rate in March meeting
Feb 02, 2016 10:29 am UTC| Commentary Central Banks
Brazils economic condition is likely to remain weak in near term as long as political crisis weigh on investment decisions and stimulate negative tone in the financial markets. Industrial production decreased nearly 8...
RBA to reduce benchmark interest rate by 25bps in near term
Feb 02, 2016 10:05 am UTC| Commentary Central Banks
The Reserve Bank of Australia set its benchmark interest rate at the record low level of 2.0 percent indicating accommodative monetary conditions over the forthcoming quarters. The policymakers see possibilities for...
PBoC boosts housing market with cut in down payment
Feb 02, 2016 09:54 am UTC| Commentary Central Banks Real Estate
To boost Chinas ailing housing sector, peoples Bank of China (PBoC) has lowered deposit requirements for house buyers. According to new rules, which was last changed back in 2010, first time home buyers can now take up...
Riksbank likely to lower rates again next week
Feb 02, 2016 09:26 am UTC| Commentary Central Banks
Riksbank is likely to lower rates again. Moreover, there is a risk of additional stimulus measures later in 2016. At the end of 2015, the sentiment was positive and there were indications that the monetary stimuli period...
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