Reserve Bank of Australia unlikely to ease policy in 2016
Jan 14, 2016 11:08 am UTC| Commentary Central Banks
In order to aid the Australian economys adjustment and keep the AUD from declining, the Reserve Bank of Australia cut the cash rate twice last year. Policy easing in 2016 is not expected by analysts as officials stated...
Bank of England likely to hike rates in Q2 2016
Jan 14, 2016 09:55 am UTC| Commentary Central Banks
Great Britains CPI inflation has been close to zero for most of 2015 but is expected to rise in the beginning of this year as the effects of lower oil prices and the stronger GBP fade away, while medium-term inflation...
Worrisome signs series – US business cycle coming to end?
Jan 14, 2016 09:11 am UTC| Commentary Economy Central Banks
Last time US faced business cycle contraction dates back to 2007, at a time of great recession, which finally ended in June 2009 and it has been expanding since then. Though it is very difficult to gauge how the world...
What will BoE's Ian McCafferty do today?
Jan 14, 2016 08:34 am UTC| Commentary Central Banks
This guy, Ian Alexander McCafferty might decide pounds movement today. He might have the biggest potential to move pound today. For those, who are not so familiar with him, he is a British economist, currently serving...
Should the BOJ fret about the yen’s recent move?
Jan 14, 2016 03:04 am UTC| Commentary Central Banks
Since the start of this year USD/JPY breached the level of 120 and fell to 117-118 in the recent one week. Compared to the end of 2015, the yen has appreciated 1.7% versus the dollar, 1.9% versus the euro, 3.0% versus the...
ECB to maintain dovish bias in 2016
Jan 13, 2016 21:33 pm UTC| Commentary Central Banks
Recently US crude futures slipped below the key $30 level for the first time since December 2003. Due to the free fall of oil prices, markets anticipate further rate cuts by ECB in March. Indeed, Brent oil prices are now...
Plenty of reasons to support BoE’s wait and see approach
Jan 13, 2016 14:42 pm UTC| Commentary Central Banks
Despite continued strong jobs gains seen in UK, wage data have softened. And along with downward growth revisions and Brexit uncertainties, we now see plenty of reasons to support BoEs wait and see for longer...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects