Jan 08, 2016 07:06 am UTC| Technicals Central Banks
Reading between the lines: The RBNZ may have cut rates early in December but it also hinted the easing cycle may be over and that turned what ordinarily would be a currency negative event (a 25bps cut that was only 60%...
What to expect from RBA in February policy meeting
Jan 08, 2016 04:51 am UTC| Commentary Central Banks
Traders are shifting their attention towards RBA monetary policy meeting coming in February and making assumption either RBR cut the interest rate or not. Two major economic data for the coming days will be employment as...
RBA comfort with current policy settings
Jan 07, 2016 23:19 pm UTC| Commentary Central Banks
In Australia, the domestic case for easier policy remains weak in the near-term despite signs of slower housing sector activity and weak commodity prices. Surveyed business conditions remain well above average and the...
Falling Oil prices drag Canadian dollar lower
Jan 07, 2016 21:21 pm UTC| Commentary Central Banks
Oil prices play vital role for the commodity currencies. One of them is Canadian dollar, which has reached the lowest level against the USD in over 12 years. One of the reasons for such depreciation is Bank of Canadas rate...
Danish rate hike unlikely to be the first of many
Jan 07, 2016 17:55 pm UTC| Commentary Central Banks
Todays rate hike by the Danish central bank is not wholly surprising after the National Banks repeated intervention in 2015 to strengthen the krone. The National bank announced that it would raise the deposit rate from a...
Will BoJ’s current asset purchase program succeed in achieving price stability target?
Jan 07, 2016 16:37 pm UTC| Commentary Central Banks
Revised data showed that Japans economy has avoided another technical recession; real GDP grew by 0.3% q/q (+1.7% y/y) in Q3, following a 0.1% q/q contraction (+0.7% y/y) in the April-June period. However, economic...
Poloz reiterates that Bank of Canada will not follow the Fed higher
Jan 07, 2016 16:27 pm UTC| Commentary Central Banks
Bank of Canada governor Stephen Poloz spoke in Ottawa this morning on the divergence between U.S. monetary policy and that in the rest of the world, including Canada. The governor emphasized that the divergence in...
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