Bank of Canada on sidelines as Fed rate hike looms

Dec 02, 2015 17:20 pm UTC| Commentary Central Banks

The Bank of Canada kept the key overnight interest rate unchanged at 0.5 percent as expected, as the Federal Reserve is poised to hike rates for the first time in nearly 10 years. The Banks decision did not, however,...

Bank of Canada Interest rate announcement: Poloz stands pat, with all eyes on Yellen

Dec 02, 2015 15:25 pm UTC| Commentary Central Banks

The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank characterized the economy and inflation as evolving broadly in line with its October outlook as outlined in its Monetary Policy Report...

Currency War Series

FED hike – where probabilities stand?

Dec 02, 2015 14:25 pm UTC| Commentary Central Banks

Official stance in US monetary policy is that it will be data-dependent and the FOMC members will probably takethe opportunity to hike rates in thefinal meeting of the year, if inflation data and financial conditions...

Stronger ADP smoothens way for rate hike at next FOMC

Dec 02, 2015 13:30 pm UTC| Commentary Central Banks

Todays ADP employment numbers, released from US for the month of October,showed that US economy and its labour markets are quite robust, in spite of global economic slowdown. There are two things to notein the...

BOC monetary policy preview

Dec 02, 2015 12:06 pm UTC| Commentary Central Banks

Today Bank of Canada (BOC) is to provide further guidance in policy meet. Result to be announced at 15:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5% Core objective of BOC...

Currency War Series

ECB meeting could trigger a chain reaction across major central banks

Dec 02, 2015 11:26 am UTC| Insights & Views Central Banks

December is turning out to be an interesting month in terms of central banks monetary policy decisions. All eyes are on the much awaited European Central Bank meeting on Thursday, 3rd December which could possibly trigger...

Fundamental Evaluation Series

Fundamental evaluation series – Euro and policy divergence

Dec 02, 2015 11:08 am UTC| Commentary Central Banks

Recently there has been some concern over Euro/Dollar trade, while some analysts are pointing out that Euro might take further dip, especially with further easing from European Central Bank (ECB) as early as tomorrow,...