Stronger ADP smoothens way for rate hike at next FOMC
Dec 02, 2015 13:30 pm UTC| Commentary Central Banks
Todays ADP employment numbers, released from US for the month of October,showed that US economy and its labour markets are quite robust, in spite of global economic slowdown. There are two things to notein the...
Dec 02, 2015 12:06 pm UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 15:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of BOC...
ECB meeting could trigger a chain reaction across major central banks
Dec 02, 2015 11:26 am UTC| Insights & Views Central Banks
December is turning out to be an interesting month in terms of central banks monetary policy decisions. All eyes are on the much awaited European Central Bank meeting on Thursday, 3rd December which could possibly trigger...
Fundamental evaluation series – Euro and policy divergence
Dec 02, 2015 11:08 am UTC| Commentary Central Banks
Recently there has been some concern over Euro/Dollar trade, while some analysts are pointing out that Euro might take further dip, especially with further easing from European Central Bank (ECB) as early as tomorrow,...
BoC’s likely to hike rates in imminent future
Dec 02, 2015 10:09 am UTC| Commentary Central Banks
Import prices in Canada have increased by 10.3% year on year and export prices by only 1.8%. As a result, terms of trade of the economy are becoming worse. This also leads to an inflationary pressure in the...
National Bank of Poland to stand pat
Dec 02, 2015 09:38 am UTC| Commentary Central Banks
It is broadly expected by market participants that National Bank of Poland would remain on hold today. We expect no change in rate or language from NBP today: we expect further rate cuts in Poland next year, says...
ECB to come up with EUR negative surprise?
Dec 02, 2015 09:26 am UTC| Commentary Central Banks
EUR/USD gained almost a cent yesterday. There is skepticism in the market if ECB would be able to come up with a surprise tomorrow, which is Euro negative. Market participants are expecting the ECB to increase QE in...
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