Danish central bank unlikely to track ECB’s rate cut
Dec 03, 2015 07:24 am UTC| Commentary Central Banks
In last month, the Danish central bank intervened in the FX market by purchasing total amount of DKK 230bn, and thereby reduced its currency reserve to DKK 484bn at present. The governing council of the ECB scheduled to...
ECB likely to cut deposit rate at today’s meeting
Dec 03, 2015 06:56 am UTC| Commentary Central Banks
The ECB has given a hint of adjusting its asset purchase program along three tools, such as time commitment, pace, and composition. A change in time and pace may be expected, but it is a less effective toll to influence...
Yellen's speech strongly signals beginning of rate-hiking cycle in December
Dec 03, 2015 05:34 am UTC| Commentary Central Banks
US Federal Reserve Chair person Jannet Yellen started her speech discussing the cumulative progress made in reaching Feds dual mandate and spoke about substantial improvement in labor markets. She said the committee stays...
ECB's September projection of core inflation rise in 2016 at risk?
Dec 03, 2015 04:12 am UTC| Commentary Central Banks
Euro zones November underlying price momentum, which is based on inflation rate without the volatile prices for energy, food, alcohol and tobacco declined to 0.9% again. This brings in a risk of unlikeliness in the ECBs...
November CPI affirms ECB action today
Dec 03, 2015 02:47 am UTC| Commentary Central Banks
November inflation (advance) reinforced expectations that the European Central Bank (ECB) will embark on further monetary stimulus today. Headline inflation rose 0.1% YoY, steady from month before but below expectations....
RBI address liquidity shortfall
Dec 03, 2015 02:37 am UTC| Commentary Central Banks
A day after holding the benchmark rates steady, the central bank stepped in to address the on-going liquidity shortfall. At its policy review, the Reserve Bank of India acknowledged the liquidity crunch in Oct-Nov on...
Chair Yellen distilled the key themes for the US economy and the interest rate outlook overnight
Dec 02, 2015 23:44 pm UTC| Commentary Economy Central Banks
Overnight, Chair Yellen began a two-day engagement in Washington with an address to its Economic Club (to be followed by testimony before the Joint Economic Committee tomorrow). Being the final major addresses made by...
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
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