PBoC indicates further policy stimulus

Oct 13, 2015 09:06 am UTC| Commentary Central Banks

China managed a record mainland trade surplus in September, but the impact of the strong headline data was undone by the fact that it was the product of a far larger than expected - 20.4% y/y (in USD terms) drop in...

Bank of Indonesia to remain on hold

Oct 12, 2015 22:57 pm UTC| Commentary Central Banks

The Bank of Indonesia (BI) is expected to remain on hold at its monetary policy meeting in October. Indonesias September CPI printed at 6.83% yoy (the first sub-seven percent inflation in the past five months). Despite...

Riksbank to deal with catch 22 situations of currency depreciation, inflation and wage negotiation

Oct 12, 2015 13:37 pm UTC| Insights & Views Central Banks

Currency pressures The generally negative tone of risk for SEKs traditional status as a risk proxy. The apparent reversal of SEKs relationship with general risk appetite is largely a consequence of the fact it trades as...

Loonie trades near 10-week high vs. U.S. dollar

Oct 12, 2015 10:12 am UTC| Commentary Central Banks

Mondays session has been calm so far, but the US dollar found itself trading lower once again. The greenback came under renewed pressure on Monday with the pair was seen near ten-week lows, changing hands at around...

Credit spending buoyant in Australia, thanks to RBA accommodation

Oct 12, 2015 10:11 am UTC| Insights & Views Central Banks

Latest report shows residents of Australia is availing the benefits of lower rates from Reserve Bank of Australia (RBA), which is at record low of 2%. RBA has reduced rates twice this year so far and held policy steady...

BoJ's QE expansion likely due to weak corporate inflation outlook

Oct 12, 2015 04:10 am UTC| Commentary Central Banks

The Bank of Japan (BoJ) kept its monetary policy unchanged last week despite some market speculations for a surprise early action. Their inaction and relatively optimistic statements resulted in a rather limited reaction...

BOK to hold rates steady this week, despite global growth concerns and delay of Fed rate hikes

Oct 12, 2015 01:55 am UTC| Commentary Central Banks

The Bank of Korea will review monetary policy and update economic forecasts when they meet this Thursday. The BOK is expected to hold rates steady at 1.50%, despite the global growth concerns, delay of Fed rate hikes and...