BoE monetary policy: Last one before referendum
Jun 16, 2016 10:56 am UTC| Commentary Central Banks
British Sterling has been very volatile lately as investors and traders are becoming nervous as the referendum date closes in. Moreover, in last few polls, exit camp has taken major leads over the stay camp Despite...
BoJ holds fire amid sluggish global growth and anaemic inflation, sends yen soaring
Jun 16, 2016 10:56 am UTC| Insights & Views Central Banks Commentary
The Bank of Japan kept policy unchanged at its meeting earlier on Thursday. The central bank held its key interest rate at minus 0.1 percent and kept the annual target for expanding the monetary base at 80 trillion yen...
Eurozone growth performance unlikely to sustain in Q2
Jun 16, 2016 10:38 am UTC| Commentary
Eurozones growth performance is unlikely to sustain inthe second quarterafter registering an upbeat performance in the first quarter, surpassing that of both the US and theUK. Growth remained supported by domestic demand,...
China’s holdings in U.S. Treasuries drop for second straight month in April
Jun 16, 2016 10:30 am UTC| Commentary Central Banks
The U.S. Treasury Department on Wednesday stated that a record amount of US Treasury bonds and notes were sold by foreign investors in April as investors anticipate the U.S. Fed to hike rates in 2016. In April, a total of...
SNB monetary policy: Assessing future bias
Jun 16, 2016 10:16 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) in its monetary policy meeting today decided to maintain its current expansionary monetary policy, which basically means: Interest on sight deposits at the SNB will remain at 0.75% and...
Indian bonds close higher as Fed holds rate steady
Jun 16, 2016 10:11 am UTC| Commentary
The Indian government bonds closed higher Thursday as the US Federal Reserve left interest rates unchanged and signalled a more gradual hiking path than previously projected. The yield on the benchmark 10-year bonds,...
Political uncertainties would continue to impact global economic growth
Jun 16, 2016 10:10 am UTC| Commentary Politics
In 2015 and the beginning of 2016, the global economy took downward path. Sharp decline in oil prices had pulled the US economy down and put it on edge of a new recession. Investment in oil collapsed in the nation,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects