Low underlying inflation in Australia
Oct 25, 2015 22:59 pm UTC| Commentary
In Australia, the Q3 CPI is the main data release due before the RBA board meets on 3 November, with the RBA staff publishing updated economic forecasts in the Statement on Monetary Policy on 5 November. The expectation is...
Canada's fiscal policy on sight
Oct 25, 2015 22:41 pm UTC| Commentary Central Banks
Last week the Liberal party obtained a surprising majority in Canadas election. With the economy as an important focus of the campaign, the party won on promises of additional infrastructure spending to help boost the...
Oct 25, 2015 22:21 pm UTC| Commentary Central Banks
The RBNZ is expected to keep rates steady at 2.75% on 29 October and resume cutting rates on 10 December, when the bank next updates its economic outlook. The RBNZ has cut rates three times in a row and it is likely to...
ECB tilts the odds towards additional Riksbank easing by year-end
Oct 25, 2015 22:00 pm UTC| Commentary Central Banks
Last weeks ECB policy meeting has important ramifications for future Riksbank policy. Given the expectations for a time-extension of ECB QE, followed by a likely deposit rate cut in 2016, an increased likelihood is seen...
NJA: Scope for Asia FX outperformance vs EUR
Oct 25, 2015 21:40 pm UTC| Commentary
Surprisingly, USDAsia has traded sideways despite the EURUSD tumbling after ECBs signalled more easing to come. This may be related to the improvement in global risk sentiment and the recent pick-up in portfolio inflows...
Looking for signs from the Swiss National Bank
Oct 25, 2015 21:29 pm UTC| Commentary Central Banks
More policy accommodation by the ECB in the coming months will likely add pressure to the SNB and increase market speculation regarding further policy measures. Indeed the SNB is expected to step up FX purchases should the...
Looking for the BoJ to ease further, but it is a close call
Oct 25, 2015 21:15 pm UTC| Commentary Central Banks
Disappointing economic data, a risk of another technical recession, a flat Philips curve, and weak corporate inflation outlook led to some market expectations for further easing at this weeks BoJ meeting. Economists calls...
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Germany lowers voting age to 16 for the European elections
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