PBoC weakens Yuan after six days of strengthening as BOJ weighs
Feb 01, 2016 10:18 am UTC| Commentary Central Banks
Peoples Bank of China (PBoC) weakened Yuan, after six consecutive days of strengthening, which has been longest since October, just before International Monetary Fund (IMF), reviewed Yuan to be included in SDR...
BOK to cut 50 basis points or more in 2016 after BOJ shock
Feb 01, 2016 09:05 am UTC| Commentary Central Banks
After South Korean exports turned out to be far worse than expected, Bank of Korea is likely to follow up with its own easing. Economy at a glance - South Korea is fourth largest economy in Asia, with GDP growing...
Why PBoC needs to ease more—Part 2
Feb 01, 2016 07:08 am UTC| Commentary Central Banks
We, at FxWirePro, are with strong belief that Peoples Bank of China (PBoC) will and have to ease policy large in 2016. In first part we argued that current debt servicing cost of Chinese corporations standing above 30% of...
Indonesia’s inflation accelerates moderately in January, may give way for further easing
Feb 01, 2016 06:47 am UTC| Commentary Economy Central Banks
Indonesias inflation accelerated moderately in January to 4.14%, as compared with Barclays expectations of 4.3% and consensus expectations of 4.26%. Inflation accelerated due to lower base, as fuel prices were reduced in...
Mario Draghi may push Euro lower today
Feb 01, 2016 06:42 am UTC| Commentary Central Banks
European Central Bank (ECB) president Mario Draghi, sounded more confident in banks January meeting that in December, when he disappointed market expectations and was seen fumbling literally during the course of press...
RBI unlikely to lower rates on 2 Feb
Feb 01, 2016 05:48 am UTC| Commentary Central Banks
The Reserve Bank of India is unlikely to lower rates further in 2016 after cutting the rate by 50bp in September 2015. The efficacy of rate cuts is expected to depend on the rate of transmission to the lending rate. Till...
Nikkei strong on BOJ’s policy decision
Feb 01, 2016 03:35 am UTC| Commentary Central Banks
The Bank of Japans decision on last Friday to adopt a negative interest rate policy came as huge surprise to global markets. Today benchmark Nikkei 225 index rallying 1.31% to 17,747.52 points while Tokyos broader Topix...
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