BOJ's Monetary Policy - Negative Interest Rates or QE Expansion?
Jan 21, 2016 14:35 pm UTC| Commentary Central Banks
The BOJ has kept monetary policy steady since expanding its massive stimulus programme in October 2014. But concerns about inflation moving further away from its 2 percent target on account of falling oil prices is raising...
Bank Negara Malaysia likely to maintain a moderately dovish stance
Jan 21, 2016 12:27 pm UTC| Commentary Central Banks
Bank Negara Malaysia (BNM) kept the policy rate unchanged at 3.25 percent, in line with the consensus. However, to ensure sufficient liquidity in the financial system the central bank reduced the statutory reserve...
Central Bank’s of Hungary and Poland likely to cut rates in March Meeting
Jan 21, 2016 12:02 pm UTC| Commentary Central Banks
Hungarys policymakers have suggested that there is no requirement for further rate cuts, as unconventional easing is unlikely to bring major benefits when it comes to supporting growth. The central bank estimates 1.7%...
South Africa’s GDP likely to grow at 0.7%y/y growth in 2016
Jan 21, 2016 11:15 am UTC| Commentary
South Africas economy growth has slowed down amid declining commodity prices, pressured fiscal consolidation, and credit overhang conditions seen over the previous two years. Deteriorating rand, weak purchasing power and...
Oil markets likely to remain heavily oversupplied in 1H2016
Jan 21, 2016 10:38 am UTC| Commentary
The current oil market conditions continue to deteriorate, further putting downward pressure on spot and forward prices. Oil prices declined over 5 percent today, falling below $30/bbl as U.S. economic data failed to...
PBoC seen maintaining accommodative monetary policy stance
Jan 21, 2016 10:13 am UTC| Commentary Central Banks
PBoCs recently increased its liquidity as it injected CNY600bn via medium-term lending facility (MLF) on Tuesday, followed by another CNY150bn liquidity injection via short-term liquidity operation (SLO) and CNY400bn via...
UK real wage growth seen weakening towards its 2003-2008 average
Jan 21, 2016 09:08 am UTC| Commentary
The UKs November labor report indicates continued weakness in wage growth amidst more tightening in the labor market. The jobless rate continued to decline, reaching 5.1%. Meanwhile, a continued drop in employment...
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