Nuts and bolts of Fed liftoff

Dec 15, 2015 23:03 pm UTC| Commentary Central Banks

On Wednesday the Federal Reserve is likely to raise interest rates for the first time in nearly a decade. The Fed faces a unique challenge in tightening monetary policy with a $4.5tn balance sheet and nearly $2.5tn in...

Bank of Canada sees the risks to the financial system as elevated, but stable

Dec 15, 2015 21:28 pm UTC| Commentary Central Banks

The Bank of Canada released its Financial Systems Review (FSR) this morning, in which it highlights risks tied to the Canadian economy and financial system. The Bank judges that Canadian economic conditions have firmed in...

Currency War Series

With the Fed rate hike well flagged, "Tone of Conference" will be the key to drive markets

Dec 15, 2015 11:22 am UTC| Insights & Views Central Banks

Markets are nervous heading into the FOMC decision due tomorrow. With the hike in the fed funds rate well flagged, focus is likely to shift from the initial hike to the subsequent path as to be detailed in the statement to...

Currency War Series

Riskbank holds rates citing stronger economy

Dec 15, 2015 09:19 am UTC| Commentary Central Banks

Today, Swedens Riskbank kept policy steady and interest rates at -0.35% as economic prospects for future improve. Though it indicated that to safeguard upturn in inflation, monetary policy needs to be very expansionary,...

Currency War Series

Fed's rate hike may hit emerging markets

Dec 15, 2015 08:52 am UTC| Commentary Central Banks

The long awaited Fed rate hike will come to end soon as it is set to hike at tomorow meeting. The Fed rate hike will worry the emerging economies. In addition to poor economic outlook, the EMs are having large current...

Currency War Series

BI likely to deliver two 25bp rate cuts next year

Dec 15, 2015 07:22 am UTC| Commentary Central Banks

Indonesias trade balance for November posted a small deficit of USD0.3bn as a result of poor performance of export. The non-oil manufactured exports reduced sharply and caused the overall exports to fall by 17.58%. The...

Renminbi Series

Renminbi series – deliberate devaluation……maybe not

Dec 15, 2015 06:28 am UTC| Commentary Central Banks

Peoples bank of China (PBoC) has devalued Yuan for seventh consecutive day, while the Yuan trades at four year low against Dollar. PBoC has fixed Yuans central parity today, down -0.1% to RMB 6.4995 per Dollar. Onshore...