Bank of Korea's further easing not yet ruled out

Dec 10, 2015 06:47 am UTC| Commentary Central Banks

While Koreas domestic demand and services stabilized after the MERS outbreak, the export environment and the sequential pay back in private consumption might slow down the growth momentum in fourth quarter, which might cut...

Renminbi Series

Renminbi depreciates widening offshore-onshore spread

Dec 10, 2015 06:45 am UTC| Commentary

Renminbi is coming again to the focus of FX commentary around the world as it weakens close to 1%, since IMF decided to include it in its currency reserve basket, giving it more weightage than Pound and Yen. Lack of...

BoE’s monetary outlook

Dec 10, 2015 06:37 am UTC| Commentary Central Banks

The Bank of Englands MPC meeting due today will discuss on bank rates. The central bank is expected to hold the current bank rates unchanged. Analysts argue that the Bank is unlikely to raise interest rate until Q4...

CBR likely to continue rate cuts in 2016 on falling inflation

Dec 10, 2015 06:02 am UTC| Commentary

The Central Bank of Russia is likely to resume monetary policy easing after an extended halt, as the disinflation persists and as we move into 2016, the inflation figures are prepared to drop significantly on the base...

Korea cautious of capital volatility in December

Dec 10, 2015 05:48 am UTC| Commentary Economy Central Banks

Korean central bank, BoK kept its policy rates unchanged at 1.5% in the month of December as well, as predicted by consensus. This decision was unanimous and the statements tone and governors remarks remain neutral, albeit...

Daily Economic Outlook: 10th December, 2015

Dec 10, 2015 05:30 am UTC| Commentary

The Bank of Englands MPC meeting is scheduled today. Markets are waiting for minutes of the meeting as the Banks rate decision will indicate the performance of the domestic market. The BoE is unlikely to change its current...

RUB likely to weaken moderately versus USD over next 3 months

Dec 10, 2015 05:28 am UTC| Commentary

With the OPECs decision to leave production limits to its members, earlier this week, there was a resumed weakness in RUB. Despite of this weakness, the volatility of the currency remains low, while USD/RUB 3month at...