Reserve Bank of New Zealand to cut its official cash rate by 25bps
Dec 03, 2015 21:29 pm UTC| Commentary Central Banks
The Reserve Bank of New Zealand is expected to cut its official cash rate by 25bps on Wednesday but such expectations are hardly unanimous. Governor Wheeler poured cold water on any minority thesis that the central bank...
Brazil Copom minutes – No constraint, but not yet ready to hike rates
Dec 03, 2015 18:29 pm UTC| Commentary Central Banks
The main message the Copom sends to market observers with todays minutes is that it can raise the interest rate despite the path of other macroeconomic policies. According to our interpretation, by doing so the board wants...
ECB's Draghi runs into opposition
Dec 03, 2015 16:29 pm UTC| Commentary Central Banks
The ECB didnt ease monetary conditions as much today as President Draghi had hinted at. In particular, the ECB Council did not choose to increase the volume of monthly bond purchases or to drop the reference to a possible...
Why interest rates are taking divergent paths in Europe and the US
Dec 03, 2015 12:10 pm UTC| Insights & Views Central Banks
The prospect that the central banks of the US and the eurozone will soon make opposing moves on policy rates has allowed financial markets once again to demonstrate their neuroses. Some market participants are expecting...
Can ECB surprise market today - Part 1
Dec 03, 2015 11:36 am UTC| Commentary Central Banks
Market had almost six weeks since the last monetary policy meeting, when Mario Draghi pointed that European Central Bank (ECB) might extend its stimulus at December meeting. Thats a lot of time to chew in expectations and...
What is priced in from the ECB?
Dec 03, 2015 11:26 am UTC| Commentary Central Banks
All eyes are on the much awaited European Central Bank meeting today scheduled at 12:45 GMT, followed by press conference at 13:30 GMT, which could possibly trigger a chain of events across other central banks. What is...
Dec 03, 2015 10:46 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. Result to be announced at 12:45 GMT, followed by press conference at 13:30 GMT. Meeting is to be held in Frankfurt. Current policy...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects