Denmark’s inflation drops in February, likely to decelerate further in short term on base effects
Mar 10, 2016 10:20 am UTC| Commentary
In February, Denmarks inflation increased 0.3% y/y, as compared with 0.6% in January and consensus expectation of 0.5%. Denmarks inflation in the shor term is likely to decelerate further as the base effects from declining...
India’s total foreign reserves higher, but liabilities higher too
Mar 10, 2016 10:02 am UTC| Commentary
By late February, Indias total foreign reserves fell to USD 346bn, after a brief jump and down by around USD 8.6bn from its record peak in mid-2015. The authorities presence to curb rupee volatility and currency valuation...
Bank Indonesia likely to continue easing policy with cautious approach
Mar 10, 2016 09:36 am UTC| Commentary Central Banks
The Indonesian central bank, in its current policy easing cycle, has been very aggressive. Since late 2015 the central bank has cut its reserve requirement rate by 150bps and has also lowered its key BI rate by a total of...
Malaysian central bank keeps interest rate on hold, economic growth likely to moderate in 2016
Mar 10, 2016 08:52 am UTC| Commentary Central Banks
The Malaysian central bank, Bank Negara (BNM), kept its overnight policy rate on hold at 3.25% yesterday in order to balance the risks between inflation and growth. The central bank stated that the growth outlook is...
Global Reflation Series: early signs of inflation call for preparations
Mar 10, 2016 08:41 am UTC| Commentary Economy
We have long been arguing that all the monetary stimulus from central banks around the world would ultimately spark inflation and only happenings that have been encountering such is lower commodity prices. We believe,...
Mar 10, 2016 07:56 am UTC| Commentary
Chinas CPI inflation accelerated more than expectations at 2.3% y/y in February, mainly due to higher food price inflation. The official release stated that increase in fresh vegetable prices alone added 0.84ppt to...
ECB actions or no-actions may boost Yen volatility too
Mar 10, 2016 07:47 am UTC| Commentary Central Banks
While Euro would be the pair to watch over ECB, next big mover could easily turnout as Yen. Partially that would be due to move in Dollar, but largely that would be due to risk angle of it. Yesterday as equities,...
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