Central bank meetings in Turkey and Hungary unlikely to bring change
Sep 22, 2015 09:27 am UTC| Commentary Central Banks
Turkish and Hungarian CenBank rate meetings is scheduled today. Both central banks are likely to leave policy unchanged this month. A rate hike was expected from Turkeys central Bank this month had the Fed lifted off, but...
Non-aggression pact between Germany and the ECB
Sep 22, 2015 07:50 am UTC| Commentary Central Banks
On the political side, conditions in Germany could hardly be more stable. Nothing points to a premature end to the Grand Coalition government formed by Angela Merkels Conservative Party and the Social Democrats. The...
Norges Bank to be tentatively on hold till Q4
Sep 22, 2015 06:39 am UTC| Commentary Central Banks
The Norges Bank is expected to keep policy unchanged at its September meeting, despite Norways weak near-term growth outlook. Three reasons are identified, according to Barclays, for why Norges Bank may stay its...
Taiwan's central bank to adopt loose monetary policy
Sep 22, 2015 05:26 am UTC| Commentary Central Banks
Following the CNY regime change, Taiwans central bank quickly reverted to cutting its open market operation (OMO) rates. The CBC reportedly lowered the overnight (O/N) guidance rate by a cumulative amount of 6.8bp to...
Net take-up of €45bn for ECB's fifth TLTRO
Sep 22, 2015 05:00 am UTC| Commentary Central Banks
The ECB conducts the fifth TLTRO programme on 24 September. The outstanding loans to the non-financial private sector (excluding housing loans) would increaseby 45bn per quarter over the 2015-16 period. The TLTRO...
Japan's inflation likely to stay muted, underscores need for further BoJ support
Sep 21, 2015 10:48 am UTC| Insights & Views Central Banks
Japans August consumer inflation data is scheduled for release on Friday and is widely expected to stay flat. The data is likely to underscore the need for BoJ to offer fresh fiscal and monetary support to bolster a...
PBoC orders banks to tighten supervision on clients’ FX deals
Sep 21, 2015 07:08 am UTC| Commentary Central Banks
Local media reported that PBoC orders banks to tighten supervision of their clients FX deals. Fees for some banks to settle clients FX deals in domestic market raised to as high as 0.3% (vs 0.002%-0.003% for most banks),...
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