Unemployment report to set mood for Pound heading into FOMC

Dec 16, 2015 08:04 am UTC| Commentary Central Banks

Since Bank of England (BOE) published its inflation report, suggesting no hike required from BOE in 2016, to keep inflation in check, pound has been struggling. After last weeks dovish monetary policy statement, its even...

Argentina likely to devalue ARS up to 35pct

Dec 16, 2015 08:04 am UTC| Commentary Central Banks

The central bank of Argentina is planning to devalue ARS this week. This will encourage the commodities sellers, and thereby the country will able to increase foreign reserve, which is scared at present. The BCRA is...

Czech Republic's unexpectedly low inflation likely to lead to no policy reaction from CNB

Dec 16, 2015 07:39 am UTC| Commentary Central Banks Economy

Czech National Banks repurchase rate is currently at 0.05%, while the market participants expect it to be kept steady in its upcoming meeting at 0.05%. CNB is not set to take any action regarding its monetary policy in...

Fed to go by a hike today followed by a 25bp hike at every other meeting in 2016?

Dec 16, 2015 05:50 am UTC| Commentary Central Banks

US Federal Reserve is broadly expected to hike its near zero interest rates today. There are now 85% of expectations for a hike. In their last meeting, they said that they dont want to surprise markets, hence if they fail...

Canada's positive growth and anticipated pick-up in 2016 likely to keep BoC on sidelines

Dec 16, 2015 05:32 am UTC| Commentary Central Banks

Bank of Canada released the Financial Systems Review, which highlighted risks related to the Canadian economy and its financial system. It talked about the developments in the housing markets. Some of the major strength...

Risk on? Interest rates could stay low for decades

Dec 16, 2015 05:26 am UTC| Insights & Views Central Banks Economy

When a central bank lifts interest rate targets by 0.5% it expects households and firms to respond. In a crisis, the official target may fall by 3% in order to shock the economy into a positive response. These movements of...

BoK likely to deliver another 25bp rate cut in Q1 16

Dec 16, 2015 04:09 am UTC| Commentary Central Banks

Marked by slow inventory clearance and production lacking in slow external demand, the underlying trend remains steady. Domestic demand and services were stabilized post MERS outbreak, the still weak exports and private...