BoK waits to see if Korea's recovery sustains by itself
Nov 12, 2015 05:14 am UTC| Commentary Central Banks
After the MERS shock, Bank of Koreas Governor Lee Ju Yeols believes that Q3 pick up is consistent with the domestic demand, which is returning to its normal path. An important role is played by the banks more neutral tone...
BoK to maintain neutral stance amid mixed signals, both domestic and abroad
Nov 11, 2015 22:22 pm UTC| Commentary Central Banks
The Bank of Korea (BoK) is expected to hold its policy rate at 1.50% at its November meeting. The BoK will maintain its neutral stance amid mixed signals from both the domestic and global economies. Sustained evidence of a...
Is FX intervention next for Riksbank?
Nov 11, 2015 16:21 pm UTC| Commentary Central Banks
In the time since the Riksbank delivered a significant expansion of QE at their October meeting, SEK is effectively unchanged on a trade weighted basis and EUR/SEK is in fact lower. This has taken place despite a...
Another RRR cut by PBoC likely in Q4
Nov 11, 2015 09:25 am UTC| Commentary Central Banks
Chinas industrial production data for October released today shows marginal fall in compare to the previous month. The figure stood at 5.6% in October was 5.7% in September. Retail sales, in contrast, posted slightly...
BoJ unlikely to expand QE in near future
Nov 11, 2015 07:27 am UTC| Commentary Central Banks
The Bank of Japan hold the QE program unchanged. The Bank is unlikely to expand its QE in the imminent future foresees Nordea Bank. The core inflation of the economy is cause of concern as it is accelerating. BoJ governer...
BOJ’s Harada downplays further stimulus right away
Nov 11, 2015 07:14 am UTC| Insights & Views Central Banks
Yutaka Harada, Bank of Japans board member despite showing his concern over global economy and inflation downplayed any immediate to additional monetary stimulus from the bank. Compared to previous speech, Mr. Harada...
ECB may extend its current asset purchase program
Nov 11, 2015 06:40 am UTC| Commentary Central Banks
Since the ECB seems to be more aggressive and the Fed has kept the rate hike option open, analysts are pushing down their end-year EUR/USD forecast. RBC Capital Markets estimates the pair is likely to be close to the...
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