BoE likely to end the year quietly with no action
Dec 10, 2015 07:29 am UTC| Commentary
Bank of Englands MPC meeting is likely to yield no action regarding its Official Bank rate, it is widely expected in a consensus that the bank would stay pat in its December meeting, keeping its OBR at 0.5%. This is...
FxWirePro: USD/CHF outlook – downside opens up again
Dec 10, 2015 07:28 am UTC| Commentary
Sizable disappointment from European Central Bank (ECB) that pushed back Dollar across the board, has created a window of opportunity, to the downside. With monetary policy divergence, lesser than expected and possible...
UK October trade deficit likely to widen
Dec 10, 2015 07:16 am UTC| Commentary
UKs trade deficit for the month of October is expected by the market consensus to be around GBP 1800 billions. In September 2015, the trade deficit in goods and services was around GBP1,353 billion, which narrowed from...
BoE may hold bank rate at 1.25% till 2017
Dec 10, 2015 07:13 am UTC| Commentary Central Banks
There is an uncertainty about the timing of the Bank of Englands hike rates. Due to weak global economic outlook and commodity prices, and the risks to growth and asset prices, analysts expect the central bank may postpone...
Renminbi comes under renewed pressure on speculations
Dec 10, 2015 07:06 am UTC| Commentary
CNY comes under renewed pressure again from the arising speculations that China would go for CNY devaluation, after being steady with SDR inclusion; and also the US Fed hike anticipations and PBoCs expected rate...
Dec 10, 2015 07:01 am UTC| Commentary Central Banks
Swiss National Bank will announce its monetary policy decisions at 8:30 GMT today. Economic conditions Switzerland GDP is around $ 685 billion however growth rate has sharply slowed down. In third quarter economy...
China likely to continue monetary easing
Dec 10, 2015 06:57 am UTC| Commentary Central Banks
China struggles from high debt level, need for deleveraging and many old sectors over capacity. PBoC will likely reduce interest rates in further quarters, in order to ease this debt burden. The RRR ratio would also...
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