China's policymakers need to ease monetary policy further to support growth
Dec 14, 2015 09:22 am UTC| Commentary Central Banks
Chinese Yuan has slowly dropped against US dollar over last month. Novembers PBoC FX reserve data indicates active intervention to smooth out CNY depreciation pressures. This depreciation bias is expected to persist in...
BoJ likely to stand pat on Friday
Dec 14, 2015 07:48 am UTC| Commentary Central Banks
Divergence is seen between Japans data, soft and hard data in relation to inventories. This gap will remain intact, which reflects the adjustments to the perceptions about inventory levels since the earthquake in Great...
Policy divergence between Fed and RBNZ likely to push NZD/USD towards 0.63
Dec 14, 2015 07:34 am UTC| Commentary Central Banks
In New Zealand, the key data releases are Q3 balance of payments and Q3 GDP. The latter is likely to rise, a payback for a soft H1. Business Confidence index and GT Dairy Auction are also due to release this week, the...
RBA likely concerned by relative currency strength
Dec 14, 2015 07:06 am UTC| Commentary Central Banks
Reserve Bank of Australia board meeting minutes likely to show that the board is encouraged by stronger activity signs and more signals that the housing market is being cooled by the recent round of macro-prudential...
Norges bank likely stand pat at December meeting despite oil price drop
Dec 14, 2015 06:55 am UTC| Commentary Central Banks
Norways inflation surprised the markets to the upside recently, and despite the long held hypothesis that the central bank is willing to bear a slight inflation shoot-up, it will not desire to fuel the weaker currency and...
Riksbank likely to stand pat in December meeting
Dec 14, 2015 06:46 am UTC| Commentary Central Banks
Swedens Riksbank is expected widely to keep its policy rate on hold in its upcoming policy meeting tomorrow, but retain an easing bias. Disappointing ECB meeting and higher-lower-bound prospects in EA rates, have abated...
Better Tankan survey means BOJ to stay put
Dec 14, 2015 06:41 am UTC| Commentary Central Banks
Today released, Tankan survey is likely to provide more ammunitions to Bank of Japan (BOJ) hawks (less dove actually) to argue for staying put and not increase stimulus from Current level. After European Central Banks...
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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects