China Crisis Series

PBoC likely to cut the policy rate by 25bps in Q1

Feb 18, 2016 10:41 am UTC| Commentary Central Banks

Chinas CPI inflation rose 1.8 percent in January from a year earlier, slightly weaker than market expectations of 1.9 percent; however, it was up from a 1.6 percent increase in December. The rise in CPI inflation is mainly...

Currency War Series

Strong reaction to Riksbank’s rate cut decision unlikely to deter ECB from easing policy in March

Feb 18, 2016 07:40 am UTC| Commentary Central Banks

The adverse response to Swedens Riksbanks decision last week to further cut policy rate below zero from -0.35% to -0.50% indicates investors worries regarding the impact of negative interest rates on the profitability of...

Key highlights from FOMC minutes

Feb 18, 2016 06:44 am UTC| Commentary Central Banks

Minutes of January meeting released yesterday provided vital glimpse to FOMC policymakers thinking regarding US monetary policy. Though immediate market reaction has been relatively mute, since the wordings were in line...

FOMC January minutes show optimistic review of economic data

Feb 18, 2016 06:01 am UTC| Commentary Central Banks

The January FOMC minutes show that the committee has kept a positive review of incoming economic data amidst increasing worries regarding the impacts of financial market disruptions. The minutes set up three thresholds for...

Currency War Series

The factors causing BoC's easing essential

Feb 17, 2016 12:27 pm UTC| Insights & Views Central Banks

USD/CAD trimmed yesterdays gains to trade at 1.3843, the pairs lowest since February 5th, during early European session, still down 0.12%. But the Canadian dollar weakened after a meeting between oil ministers from Saudi...

Fed Hike Aftermath Series

Rosengren lays out conditions required for FED easing

Feb 17, 2016 09:32 am UTC| Commentary Central Banks

President of Federal Reserve Bank of Boston, in his speech today, laid out the conditions, under which FED or rather he might consider voting to ease policy from here. He called that central banks might have to revise...

Renminbi Series

Yen’s movement suggests PBoC’s Yuan fix fuelled risk aversion

Feb 17, 2016 06:45 am UTC| Commentary Central Banks

Another weaker fix from Peoples Bank of China (PBoC) and that seems to enough to jolt currencies across Asian markets and fuel risk aversion. Peoples Bank of China (PBoC) announced todays fix, which was weaker than...