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...

CBR likely to cut key rate by 50bp

Dec 10, 2015 05:20 am UTC| Commentary Central Banks

The central bank of Russia, CBR will be announcing its policy rate decision tomorrow, and there will be a press conference after the rate announcement. There are geo-political tensions around the country , and Russia...

Weaker wholesale inventories to hit U.S. Q4 GDP

Dec 10, 2015 05:06 am UTC| Commentary

U.S. wholesale inventories for October are dropped by 0.1% month on month. Markets were expecting the reading to post a modest increase. Inventories for durable as well as nondurable goods categories are contracted by...