SNB to keep policy on hold but risks are still heavily skewed towards additional easing

Mar 16, 2015 05:36 am UTC| Commentary

Attention will once again turn to the SNB, which will be setting policy on Thursday. Markets expect no additional measures, at this juncture, albeit highlighting that the risks remain heavily skewed towards further easing...

Norges Bank to cut rate by 50bps

Mar 16, 2015 05:33 am UTC| Commentary

In line with last weeks economic outlook survey, released by Statistics Norway, the decline in oil prices to weigh heavily on the investment sector of the economy, pushing GDP significantly lower in 2015.With inflation...

BoJ expected to stay on hold

Mar 16, 2015 05:28 am UTC| Commentary

Bank of Japan (BoJ) will hold its monetary policy meeting on Tuesday. Markets expect no change for policy at this meeting.Kurodas press conference will be watched with regards to his views on decelerating...

BoE MPC minutes to highlight tension between low inflation and robust activity

Mar 16, 2015 05:26 am UTC| Commentary

The March BoE Minutes (Wednesday) are likely to be fairly neutral for GBP, highlighting concern with an outlook of near-term disinflationary pressure but medium-term upside risks to activity and wages.Governor Carney noted...

FOMC expected to remove “patience” from the statement

Mar 16, 2015 05:17 am UTC| Commentary

FOMC rate decision (Wednesday) will be the focus of the market. Analysts expect them to remove the word "patience" from the statement, suggesting that the decision whether or not to hike will be judged meeting-by-meeting...

Deflation still a danger for Japan despite 3 years of monetary easing

Mar 16, 2015 02:36 am UTC| Commentary

Lower global oil prices have put downward pressure on domestic prices, making it difficult for the central bank to meet its 2% inflation target even by end-2016, more than three years after it launched its current monetary...

South Africa's current account deficit to highlight ongoing vulnerability

Mar 16, 2015 02:09 am UTC| Commentary

South Africas current account (C/A) deficit for Q4-2014 will be released on Tuesday. According to Standard Chartered research forecasts: We forecast a still-wide deficit of 5.5% of GDP (market consensus: 5.8%). While...