Cautious Yellen sets tone ahead of March NFP
Mar 30, 2016 06:35 am UTC| Commentary Central Banks
Relatively dovish comments from FED chair Janet Yellen have set the tone of the market, heading into Fridays non-farm payroll report. Her remarks are in sharp contrast to some other notable FED speakers, in this years...
BOJ offers to buy 1220 bln yen JGBs with residual maturities outright from 4/1
Mar 30, 2016 01:34 am UTC| Central Banks
BOJ offers to buy 400 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 4/1 BOJ offers to buy 420 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 4/1 BOJ offers to buy Y 240 bln JGBs (Residual...
India’s foreign reserves rise, expected portfolio inflows may ease pressure on depreciating rupee
Mar 29, 2016 06:19 am UTC| Commentary Central Banks
After Indias Union Budget FY2016-17 was released at the end of February, foreign investors added local equities worth a total of USD 2.87 billion to their holdings. Furthermore, since 16 March, the investors bought local...
BOJ offers dollar supply operation for 3/31 - 4/7 (EST)
Mar 29, 2016 01:42 am UTC| Central Banks
Amount of BOJs dollar supply operation is unlimited within the amount of pooled eligible...
Inflation unlikely to be a concern for MAS in determining monetary policy
Mar 28, 2016 15:05 pm UTC| Commentary Central Banks
Subdued commodity prices and the governments housing policies have kept Singapores inflation at sub-zero growth for the 16th consecutive month since February 2015. 2015s average CPI came in at -0.5%, at the lower bound of...
Dutch Central Bank To Develop Prototype Coin Based On Blockchain Technology
Mar 28, 2016 07:32 am UTC| Digital Currency Central Banks
Central banks worldwide are increasingly taking interest not only in the blockchain technology, but also developing their own version of digital currency. Following the Peoples Bank of China and theReserve Bank of...
Riksbank likely to extend QE in April
Mar 28, 2016 07:03 am UTC| Commentary Central Banks
In Q4, the Swedish economy expanded 4.5% y/y. Around half a percentage point came from migration, according to SCB. However, everything, such as net exports, private consumption and investments, particularly construction,...