Strong job growth reduces the chances of further monetary easing from BoK
Feb 29, 2016 14:45 pm UTC| Commentary Central Banks
Koreas recent strong job growth has been led by the manufacturing sector, contradicting the view that manufacturing jobs will likely decline as a country advances from an emerging to a developed economy. The pickup in...

Sustained downside pressures on EUR/CHF could see SNB action ahead of its 17 March meet
Feb 29, 2016 10:16 am UTC| Insights & Views Central Banks
As we head into policy meetings from the ECB and SNB scheduled on 12 March and 17 March respectively, with the rates market pricing 12bp cuts for both central banks, we can expect some EUR/CHF downside if ECB cuts but SNB...
US economy unlikely to enter deflationary period, Fed likely to hike rates two more times in 2016
Feb 29, 2016 05:54 am UTC| Commentary Central Banks
The stronger consumer spending and income report for January is very re-assuring for the US economy. Consumer spending recorded a moderate growth during the end of 2015 and is off to the races in 2016 with real consumption...
G20 summit unlikely to bring about decisive change in central banks' strategy
Feb 26, 2016 14:35 pm UTC| Commentary Central Banks
G20 Finance Ministers and central bankers are meeting in Shanghai today to discuss among other things the turbulence in the stock markets, the notable deterioration in the global economic outlook and of course the...

Sluggish credit growth defends ECB's action for further easing and even more negative interest rates
Feb 26, 2016 11:11 am UTC| Commentary Central Banks
Euro-zone Monetary Indicators released on Thursday showed that bank lending in the Euro area was not much different compared to the earlier months: growth was positive but still weak. Data showed that euro-zone broad money...

Key commentaries from PBoC's Zhou Xiaochuan
Feb 26, 2016 06:48 am UTC| Commentary Central Banks
Peoples Bank of China (PBoC) Governor Zhou Xiaochuan assured investors ahead of G20 finance ministers and central bankers meeting, of the banks ability to manage current crisis and contain excessive volatility in its...

Three ways China can tackle its currency dilemma
Feb 25, 2016 04:58 am UTC| Insights & Views Central Banks
You might have noticed that the Peoples Bank of China (PBC), Chinas central bank, is in a difficult position. Stability and growth are what the PBC wants. But at least two forces are working against them - the prospect...