Central Banking Series

NBP likely to keep official rates unchanged in 2017 on expectations of gradual rise in inflation

Nov 25, 2016 10:18 am UTC| Central Banks Commentary

The National bank of Poland (NBP) is expected to keep official rates on hold through the next year, following expectations of a gradual rise in the rate of consumer inflation. Moreover, the minutes of the latest monetary...

Central Banking Series

Nerves rattle at Riskbank amid inflationary threat

Nov 25, 2016 10:03 am UTC| Commentary Central Banks Economy

As the bond selloffs showed its ugly head amid looming inflationary threat, it seems that nerves of central bankers are rattling all around the globe. In October Swedens Riskbank kept the rates at -0.5 percent but...

Italy’s industrial orders decline sequentially in September

Nov 25, 2016 09:59 am UTC| Commentary

Italys industrial orders rose at a slower pace on a year-on-year basis in November. The industrial new orders index rose 2.6 percent year-on-year in September 2016, as compared with the upwardly revised year-on-year rise...

Asian central banks likely to step in to smooth FX fluctuations in wake of post-U.S. presidential election

Nov 25, 2016 09:59 am UTC| Commentary

Most Asian central banks are expected to step in to initiate a smooth foreign exchange movement in the wake of the aftermath of the United States 2016 presidential election, leading to an unexpected Trump victory. The...

German bunds tad higher on weak crude oil prices, likely to remain volatile in absence of key data release

Nov 25, 2016 09:30 am UTC| Commentary

The German bunds strengthened Friday following weakness in crude oil prices. Also, subdued economic growth in the third quarter supported the cause. The yield on the benchmark 10-year bond, which moves inversely to its...

Major decline in yen hands TOPIX record consecutive gains

Nov 25, 2016 09:28 am UTC| Commentary

The Japanese yen has is trading strongly today, and by 0.5 percent but since the US election, the yen has been the biggest loser among all major. After strengthening to 101.3 per dollar, right after it became clear that...

Indian economy to expand below 7 pct this year, further upside in USD/INR likely

Nov 25, 2016 09:18 am UTC| Commentary

At around the same time as the U.S. presidential election, Modi government shocked the markets by withdrawing INR 500 and INR 1000 as legal tender, in order to tackle counterfeiting, curb funding of terrorism and nullify...