Russia's CBR to remain on hold
Sep 07, 2015 03:55 am UTC| Commentary Central Banks
In Russia, clearly, the CBR is facing a dilemma with growth remaining depressed, and the downtrend in inflation has recently stalled. Inflation has slightly increased in August to 15.8% y/y, driven by rising goods and...
Fed wants to hike because the Fed wants to hike
Sep 07, 2015 01:44 am UTC| Commentary Central Banks
Private sector payrolls are back at 140k, core PCE inflation has dropped to 1.2% YoY, growth in the first two quarters of the year has averaged 2.1% (QoQ, saar), core capex expenditures havent grown one iota in 3.5 years....
BOJ offers to buy 1,200 bln yen JGBs with residual maturities outright from 9/9
Sep 07, 2015 01:11 am UTC| Central Banks
BOJ offers to buy 400 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 9/9 BOJ offers to buy 400 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 9/9 BOJ offers to buy 400 bln yen JGBs (Residual...
Chinese reserves; Chinese trade; Fed leaks?
Sep 06, 2015 23:44 pm UTC| Commentary Central Banks
China returns from its WWII commemoration today - SHCOMPs performance is likely to set the tone for risk appetite. Two key bits of Chinese data are out this week: (1) reserves and (2) trade data, both for August. A few...
Bank of Canada expected to keep rates unchanged
Sep 06, 2015 23:30 pm UTC| Commentary Central Banks
Market attention will focus on the BoC meetingthis Wednesday. The effects of low oil prices are still being felt on the economy, which officially slid into recession in Q2. Despite decent behavior of consumption and a...
Dovish MPC to support recent Sterling weakness
Sep 06, 2015 23:14 pm UTC| Commentary Central Banks
Sterling has been one of the poorest performing G10 currencies since the BoE6 AugustInflation Report. The currency has depreciated about 2% against the USD and 3.6% against the EUR, with only the NZD and AUD weakening...
Sep 04, 2015 16:03 pm UTC| Commentary Central Banks
Markets are trying to survey the extent of weakness in emerging markets, in particular China, and the spillover to developed markets. Data released this week could give the first indications. Chinese export figures for...
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