Oil and fiscal policy to shape future BoC actions
Dec 07, 2015 23:35 pm UTC| Commentary Central Banks
In the policy statement, BoC noted the economic adjustment in Canada is being aided by the recovery in the US, the depreciated currency and previous monetary easing. Q3 GDP seemed to confirm BoCs rhetoric, showing a...
ECB with a further monetary easing bias in 2016
Dec 07, 2015 22:27 pm UTC| Commentary Central Banks
There is unlikely to be much change in euro zone economic growth in 2016. Non-performing loans on bank balance sheets, overly high corporate and private debt, falling house prices in Italy and France and the lack of...
BoE to stay pat at Thursday's meet, scope for some macroprudential considerations
Dec 07, 2015 11:39 am UTC| Commentary Central Banks Technicals
The BOE has held off raising rates for a long time now. The last MPC meeting made it evident that a strong GBP was a larger concern for the BoE than previously perceived. After the ECB disappointed the market significantly...
Swiss FX reserve rises with intervention
Dec 07, 2015 10:34 am UTC| Commentary Central Banks
For the past month, looking at Euro/ Franc exchange rate, we have been speculating that Swiss National Bank (SNB) might be intervening in the market on regular basis to pop up Euro against Franc and to maintain some...
Swiss FX reserve rises with intervention
Dec 07, 2015 10:27 am UTC| Commentary Central Banks
For the past month, looking at Euro/ Franc exchange rate, we have been speculating that Swiss National Bank (SNB) might be intervening in the market on regular basis to pop up Euro against Franc and to maintain some...
Fed likely out of its "ultra-loose" monetary policy- first big change of coming year
Dec 07, 2015 09:03 am UTC| Commentary Central Banks
In the coming year, Fed will be the first major central bank to raise its interest rates and exit from its ultra-loose monetary policy. After a first hike, likely on December 16, the central bank is set to take more steps...
Draghi’s attempt to sooth market in post-ECB commentary likely to fail
Dec 07, 2015 08:42 am UTC| Commentary Central Banks
European Central Bank (ECB) governor, Mario Draghi at a dinner party on Wall Street, late last Friday, tried to soothe market, however attempts like these are likely to be less effective from now on. Mr. Draghi, pointed...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects