RBA Stevens' advice likely smarter than the originally sounded "Chill out"

Nov 30, 2015 09:18 am UTC| Commentary Central Banks

Some market participants opined that the depressed situation of commodity markets, tempted the RBA to indicate further rate cuts and also to end the RBA governor Stevens chilling out rhetoric. AUD/USD is currently...

Currency War Series

Poland's NBP likely to cut rates by 50bp in Q1 16

Nov 30, 2015 09:16 am UTC| Commentary Central Banks

Poland economy was under deflationary pressure in October with the CPI inflation reading at 0.7% y/y. The negative growth rate in price level is expected to continue in November also. The CPI deflation is expected at -0.4%...

New Zealand growth outlook brightens

Nov 30, 2015 09:09 am UTC| Commentary

Gloom and doom are passing away from New Zealand economy, despite expectations of further slowdown in China, one of its major trading partner. Weaker Kiwi, this year, which is down more than 16% in last 12 months, against...

Central Banks of Commodity Exporting Countries Seem To Be Relaxed With Their Inflation Rates

Nov 30, 2015 08:52 am UTC| Commentary Central Banks

The central banks of commodity exporting countries are in a good position when compared to the central banks of commodity importing G10 countries. Their inflation rates are either within the target range like that of Bank...

Central banks of commodity exporting countries need to maintain their pace

Nov 30, 2015 08:41 am UTC| Commentary

The central banks of commodity exporting countries are in a good position when compared to the commodity importing G10 countries. The inflation rates are of two types, within the target like BoC, RBA, or only just below it...

Currency War Series

BoC likely to hold despite weaker data

Nov 30, 2015 08:30 am UTC| Commentary Central Banks

BoC is likely to keep its policy rate unchanged, as per the market consensus expectations, as there is good inflation and the decline in oil and commodity prices is compensated by the economic activity in non-resource...

Australia needs a 'fresh start' on climate policy: authority

Nov 30, 2015 08:11 am UTC| Commentary Nature

Australia needs to reset discussions related to climate policy, according to the governments advisory body on climate policy. The Climate Change Authority makes the argument in the second draft report of its special review...