Central Banks of Commodity Exporting Countries Seem To Be Relaxed With Their Inflation Rates

Nov 30, 2015 08:52 am UTC| Commentary Central Banks

The central banks of commodity exporting countries are in a good position when compared to the central banks of commodity importing G10 countries. Their inflation rates are either within the target range like that of Bank...

Currency War Series

BoC likely to hold despite weaker data

Nov 30, 2015 08:30 am UTC| Commentary Central Banks

BoC is likely to keep its policy rate unchanged, as per the market consensus expectations, as there is good inflation and the decline in oil and commodity prices is compensated by the economic activity in non-resource...

Currency War Series

ECB easing will likely cause the Riksbank to cut

Nov 30, 2015 07:24 am UTC| Commentary Central Banks

ECBs meeting this week brings in wide expectations on a rate cut and extension of its QE programme, which will ultimately effect smaller European currencies like the SEK, NOK and CHF. In Sweden, we continue to think...

ECB to deliver a 10bp rate cut?

Nov 30, 2015 06:37 am UTC| Commentary Central Banks

This weeks ECB meeting will be main driver for EUR/USD. A rate cut is broadly expected, along with an extension in the QE programme. The comments passed by ECB in its recent meeting about the Euro Area inflation, have...

FOMC to start its hiking cycle as early as in its next meeting?

Nov 30, 2015 06:21 am UTC| Commentary Central Banks

There are anticipations that US Federal Reserve starts its hiking cycle in its December meeting, the market will be waiting for confirmation on the starting and the pace of its rate hike cycle. There is a 74%...

BOK's monetary stance likely accomodative through 2016

Nov 30, 2015 04:13 am UTC| Commentary Central Banks

Koreas October industrial output year on year increased 1.5%, which was below consensus expectations of 2.2%. The Industrial Production dropped 1.4% on a seasonally adjusted mom basis, reversing the 2.2% expansion...

ECB to consider fresh monetary stimulus

Nov 30, 2015 02:53 am UTC| Commentary Central Banks

The European Central Bank (ECB) Governing council meets on Thursday (3 Dec). This meeting will be of particular interest as markets eye the consequences of a dovish ECB as against the US Fed which is widely expected to...