ECB likely to cut the deposit rate by 10bp
Nov 04, 2015 07:15 am UTC| Commentary Central Banks
Eurozones economic growth will strengthen modestly in 2016 moving higher from this year. There might be an ease in consumer spending and exports growth, but a pick-up in business investment should balance this...
Nov 04, 2015 04:12 am UTC| Commentary Central Banks
New Zealands data was a softer than markets expected. After the data was released the NZD is seen dropping from 67.0c to 66.5c, while the 2-year swap rate fell 3 basis points. The economy has lost momentum, with a...
Denmarks Nationalbank likely to stay on hold
Nov 04, 2015 04:04 am UTC| Commentary Central Banks
In October, Denmarks FX reserves declined to DKK492bn, from DKK514bn in September. DKK10bn of the decline was due to DN purchasing DKK in FX intervention. The remainder was due to repayment of government foreign debt....
Monetary Policy decision: Rouble sets the tone for CBR
Nov 04, 2015 00:45 am UTC| Commentary Central Banks
It was a very close call, but the Central Bank of Russia opted to leave its key interest rate unchanged at 11.00% in October following an accumulative 600bps of cuts since the beginning of the year. The main reason behind...
Nov 03, 2015 23:18 pm UTC| Commentary Central Banks
The money market is not fully priced for a BoE rate hike until early 2017. The latest Reuters survey of economists, however, has a consensus of Q2 2016 for the first move, ahead of the forecast of August 2016. The most...
Fed leaves door to December hike wide open
Nov 03, 2015 21:37 pm UTC| Commentary Central Banks
The FOMC statement released at the conclusion of the October meeting left the door to a December rate hike wide open. The repetition that the Committee would like to see some further improvement in the labour market and...
Pace of Denmark's FX intervention slowed further in October
Nov 03, 2015 16:20 pm UTC| Commentary Central Banks
Denmark has just published Octobers FX reserve and central bank balance sheet. In October, the FX reserve declined to DKK492bn, from DKK514bn in September. DKK10bn of the decline was due to DN purchasing DKK in FX...
A sustainable future begins at ground level
Canada needs a national strategy for homeless refugee claimants
An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses