PBoC's rate corridor at short end
Oct 27, 2015 07:53 am UTC| Commentary Central Banks
The PBoC has several instruments for managing short-term liquidity: bank reserves, open market operations (OMOs), including short-term liquidity operations (SLOs), and standing lending facilities (SLFs). The rates on these...

China may adopt flexible exchange rate to attract investors
Oct 27, 2015 07:36 am UTC| Commentary
Chinese top leadership is holding a plenum session this week, and the focus will be the eye-catching 13th Five-Year Plan. What market focuses in the first glance is the growth target. China should have at least 6.5%...
Poland's zloty likely to remain volatile
Oct 27, 2015 07:27 am UTC| Commentary
The electoral commission released first official results last evening confirming PiS dominant showing in the weaken elections. The final seat count will be released later today afternoon, but based on the official vote...

Israel Shekel strengthens as BoI holds rate
Oct 27, 2015 07:20 am UTC| Commentary
Bank of Israel held its benchmark rate unchanged yesterday at 0.1% as expected by most analysts, but the shekel appreciated following the decision. This suggests that at least some market participants had expected either...
GBP has potential to outperform EUR due to BoE’s optimism
Oct 27, 2015 07:18 am UTC| Commentary
The Bank of England (BoE) is in a similar situation. The British economy is doing well, as the GDP figures for Q3 are likely to show once again today. Only inflation is stubbornly low. However, the BoE is currently much...
ECB has zero tolerance regarding EUR appreciation
Oct 27, 2015 07:16 am UTC| Commentary Central Banks
The slowdown in the emerging markets is starting to cast an ugly shadow on the euro area. However, corporates are not yet singing the blues, at least not according to the leading indicators. The manufacturing PMI remained...
Germany likely to post solid Ifo numbers
Oct 27, 2015 07:11 am UTC| Commentary
Todays Ifo numbers for October should reduce worries that the German economy is slowing fast due to a loss of momentum in Emerging Markets. The slowdown of China and other countries is a of course a challenge for the...