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

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,...

China’s February CPI inflation accelerates on higher food inflation, likely to remain strong in March

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,...

BoK keeps policy rate unchanged, likely to lower in Q2 and cut 2016 GDP forecast

Mar 10, 2016 07:44 am UTC| Commentary Central Banks

South Korean central bank kept its policy rate on hold at 1.5%, on par with expectations. The rate decision was non-unanimous for the second continuous month. One MPC board member again voted to lower the rate. The MPCs...

ECB may boost PSPP with €120 billion: sounds better, doesn’t it?

Mar 10, 2016 07:09 am UTC| Commentary Central Banks

We dont think if we ask the question, which sounds better coming from ECB - 10 billion or 120 billion, we would be having difference of opinion. And that is despite the fact that both are same. If ECB boost current...