FOMC sees a number of reasons to be cautious

Jul 09, 2015 05:20 am UTC| Commentary

A number of reasons for FOMC to be cautious among Fed officials:"Uncertainty about Greece", yet the broad conclusion among the voters was that the economy was "continuing to approach" the threshold for liftoff, but they...

China' money growth likely weakened on base effects in June

Jul 09, 2015 05:12 am UTC| Commentary

Chinas total credit growth probably dipped further, partly due to a technical factor. New bank lending to come in at CNY880bn in June. However, that might not imply less new bank funding because of the debt-to-bond swap...

German's exports expected to decline in May but gradually improving

Jul 09, 2015 05:06 am UTC| Commentary

Germans trade balance data for May is scheduled to released today. Despite tentative signs of improvement in global trade following the weak Q1, there is still considerable uncertainty regarding the strength of global...

Bank of England to leave policy unchanged in this month's meeting?

Jul 09, 2015 05:06 am UTC| Commentary

Led once again by Martin Weale, mood within MPC is changing gradually. He seemed very close to voting for a rate increase, having last done so in December last year, in his recent interview with financial times.The...

USD strength likely to continue

Jul 09, 2015 04:53 am UTC| Commentary

The June FOMC minutes largely reflected Chair Yellens caution during the postmeeting press conference. While progress continues to be made towards the Feds goals, officials still want more evidence of such progress...

Fed minutes show participants ready to rise rates, but waiting for data confirmation

Jul 09, 2015 04:41 am UTC| Commentary

The tone of the minutes reflected the tone of the Feds June statement. While a minority of Fed members expressed concern about beginning to tighten rates prematurely, the interest rates will begin to rise as long as...

Poland's future monetary policy depends on fiscal decisions

Jul 09, 2015 04:29 am UTC| Commentary Economy Central Banks

Polands current monetary policy has no risks of change in near term.The PLN might be impacted by the potential risk connected to Grexit. However, the central bank and Ministry of Finance would likely intervene on the FX...