India's capital account and financial account flows remain largely supportive
Dec 23, 2015 03:40 am UTC| Commentary Central Banks
Indias central bank, RBI announced its balance of payments for the calendar quarter Q3 2015 on December 22. There is a marginal decline in the countrys current account deficit in third quarter, which was widening to...
Israel rate hikes are still a long way off
Dec 22, 2015 12:45 pm UTC| Commentary Central Banks
Israel growth was a little disappointing in latest quarters, specifically with the exports being weak. The Bank of Israel is likely with a dovish bias, but does not want to move into negative rates or implement other...
Further policy easing likely by Taiwan CBC in March next year
Dec 22, 2015 11:57 am UTC| Commentary Central Banks
Taiwans Governor Perng noted that the growth bottomed in second quarter and is likely to rise in 2016, he told that negative output gap is likely to widen further in next year. Specifically, he indicated that there is...
Scandi currencies experiencing divergence after CBs stand pat in monetary policy
Dec 22, 2015 11:44 am UTC| Insights & Views Central Banks
Both the Riksbank and Norges Bank left policy unchanged last week, in line with the forecasts. We would be looking for a meaningful move lower to engage in long positions ahead of weak Q1 data and an eventual Norges Bank...
Lower oil prices may add pressure on ECB to “recalibrate” monetary policy in 2016
Dec 22, 2015 11:42 am UTC| Insights & Views Central Banks
The ECB has unleashed an unprecedented series of policy measures to try and push eurozone inflation back up to levels conducive to healthy economic growth. But even the most optimistic forecasts suggest that it could well...
Central Bank of Republic of Turkey likely to rise repo rate by 50bps
Dec 22, 2015 10:10 am UTC| Commentary Central Banks
Turkeys central bank, CBRT is yet to announce its rate decision today. Most of the market participants expect the bank to rise its repurchase rate by 50 basis points to 8%. The central bank governor Basci presentes the...
Japanese SMEs pessimistic heading into 2016
Dec 22, 2015 09:34 am UTC| Commentary Business Central Banks
While Bank of Japan (BOJ) policymakers are more optimistic on economy despite risks from slowdown in China and other emerging markets, increased rates from US Federal Reserve, Japanese small business sector arent sharing...
Putin’s Russia: first arrests under new anti-LGBT laws mark new era of repression
Canada needs a national strategy for homeless refugee claimants