Currency War Series

BoJ to stay on hold while keeping a close eye on the market and foreign macroeconomic policies

Jan 27, 2016 17:17 pm UTC| Commentary Central Banks

The next BoJ monetary policy meeting is scheduled for 28-29 January. Since the last meeting, the risk scenarios the BoJ previously warned about have already started to materialize, before the upcoming meeting. We expect...

BOJ largely expected to stay on hold, post-Fed volatility may sway debate

Jan 27, 2016 15:36 pm UTC| Commentary Central Banks

Bank of Japan policymakers are optimistic about the improvement in the underlying inflation trend, and are likely to hold back additional monetary easing at their meeting on Friday. Companies in Japan are gradually raising...

RBNZ monetary policy preview

Jan 27, 2016 12:44 pm UTC| Commentary Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 20:00 GMT. Economic condition New Zealands economy overall remained robust throughout the crisis of 2008/09 however...

Fed Hike Aftermath Series

Don’t expect much from FOMC today

Jan 27, 2016 12:40 pm UTC| Commentary Central Banks

What can FOMC do today? - Nothing It is not expected to do anything today and it will do nothing. Dont even expect it to be major market mover. Forget about changing fundamentals. Unless FED is interested in...

Currency War Series

Danish central bank likely to raise its CD rate by 10 bp

Jan 27, 2016 11:59 am UTC| Commentary Central Banks

Diverging monetary policies of Denmark and the Eurozone are likely to continue asthe Danish central bank has hiked rates, while the ECB has suggested at new rate cuts.Danish rates are seen at current levels until mid-year,...

China Crisis Series

Falling China’s industrial profits puts PBoC in a tough spot

Jan 27, 2016 11:24 am UTC| Commentary Economy Central Banks

Chinas industrial profits decreased by 2.3 percent y/y for the year 2015, as compared with previous years gain of 2.2 percent, suggesting that a need for deleveraging in Chinas industrial sector. Mining sector was hit hard...

RBNZ likely to stay pat

Jan 27, 2016 10:49 am UTC| Commentary Central Banks

Following the FOMC announcements, the Reserve Bank of New Zealand will make its rate decision scheduled at 2000 GMT. Markets do not expect a rate cut as recent inflation data failed to impress the markets, and as risks in...