BoE likely to keep interest rate hikes on hold
Feb 02, 2016 09:25 am UTC| Commentary Central Banks
In January, BoE Governor Mark Carney stated that the central bankers do not expect the oil prices to rise, suggesting that the global economy should benefit out of the current lows. Inflation has drastically fallen and is...
RBI keeps policy steady amid global turmoil and weakness
Feb 02, 2016 07:46 am UTC| Commentary Central Banks
Reserve Bank of India (RBI), in spite of having some legroom to ease policy, preferred to wait it out today, especially when Indian new financial year budget is due this month. RBI policy statement sums it all what has...
RBA monetary policy: Assessing the bias
Feb 02, 2016 07:21 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. RBAs decision has failed to give support to Aussie, which is down -0.5% for the day due to relative dovish communications....
RBI keeps repo rate on hold, unlikely to change in 2016
Feb 02, 2016 06:47 am UTC| Commentary Central Banks
The Reserve Bank of India today kept its interest rate unchanged at 6.75%. The consensus forecasts the central bank to lose modestly later in 2016; however, according to Capital Economics, the RBI is likely to keep its...
RBA keeps cash rate on hold, future rate decision to depend on market volatility and labor market
Feb 02, 2016 05:14 am UTC| Commentary Central Banks
The Reserve Bank of Australia kept the cash rate unchanged at 2%, on par with expectations. The central bank Governor stated that the future decisions on the interest rate will depend on two main factors; if the recent...
BOK rate-cut expectations premature
Feb 02, 2016 02:12 am UTC| Commentary Central Banks
The market expectations for BOK rate cuts have increased after the Bank of Japan introduced negative rates last Friday. The spread between the 1Y KRW IRS and its benchmark has widened notably to -15bps on 1st Feb from...
Chinese data supports call for further stimulus from PBoC?
Feb 01, 2016 14:36 pm UTC| Commentary Central Banks
Data released over the weekend showed that Chinas official factory PMI slipped for a sixth consecutive month to a 3 year low of 49.4 in January, compared with a median expectation of 49.6. While the private Caixin survey...
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