Singapore's MAS likely to keep its monetary policy settings unchanged in April

Mar 23, 2016 15:58 pm UTC| Central Banks

Data released earlier on Wednesday showed that Singapores core inflation which excludes the costs of accommodation and private road transport crept higher in February. MASs core inflation rose 0.5% y/y, compared to 0.4% in...

ECB's ultra-loose monetary policy yet to impact German economic sentiment

Mar 23, 2016 14:40 pm UTC| Central Banks

German economic data released on Tuesday continued to paint a mixed picture of the economy. Out of the three most prominent confidence indicators in Germany released on Tuesday, the Ifo index, rebounded in March to 106.7,...

Patrick Harker - latest addition to the hawkish camp of Fed officials

Mar 23, 2016 14:04 pm UTC| Central Banks

Philadelphia Fed President Patrick Harker told reporters in a speech on Tuesday that the Federal Reserve should consider another interest rate hike as early as next month if the US economy continues to improve as it has of...

Fed Hike Aftermath Series

FED Hike Aftermath Series: Take note of Evans, a dove on the change

Mar 23, 2016 12:48 pm UTC| Central Banks Commentary

Two rate increases not at all unreasonable When such comments come from the most dovish of FED policymakers, it calls for caution. Chicago FED president Charles Evans, last year has been strongly calling for no hikes,...

Currency War Series

Downside risks to New Zealand inflation outlook likely to keep RBNZ under pressure

Mar 23, 2016 11:25 am UTC| Central Banks

New Zealands economy expanded more than expected in the fourth quarter of 2015, but the tepid inflation picture suggests more rate cuts from the central bank. New Zealands GDP rose a seasonally adjusted 0.9 percent in Q4...

Fed Hike Aftermath Series

FED hike aftermath series: Dollar well bid as market sharply fast forwards hike expectations

Mar 23, 2016 09:30 am UTC| Commentary Central Banks

For the past three days, Dollar has gained against its developed as well as emerging market currencies. After US Federal Reserve policymakers in its March meeting reduced rate expectations by 50 basis points to just two...

Thai Baht falls against US dollar after BoT stands pat

Mar 23, 2016 08:06 am UTC| Central Banks

USD/THB is trading around 35.09 levels. It made intraday high at 35.11 and low at 34.94 levels. Thailand central bank keeps policy rate unchanged at 1.50 pct as expected. Intraday bias remains bullish till...