Further loosening from RBI very likely lies ahead: Capital Economics
Mar 04, 2015 19:45 pm UTC| Commentary
Quotes from Capital Economics:- The Reserve Bank of Indias decision to cut both its repo and reverse repo rates by 25bp on Wednesday, to 7.50% and 6.50% respectively, was unscheduled but not entirely a surprise.- Indeed,...
Brazil c.bank to increase Selic rate by another 50bp: Capital Economics
Mar 04, 2015 19:36 pm UTC| Commentary
Quotes from Capital Economics:- It will be a close call, but a further sharp rise in Brazils inflation in the first half of February has tipped the balance towards another 50bp increase in the Selic rate.- But we dont...
Malaysian central bank looks set to keep policy rate on hold: Capital Economics
Mar 04, 2015 19:27 pm UTC| Commentary
Quotes from Capital Economics:- Malaysian central bank (BNM) looks set to keep its policy rate on hold at its meeting (10.00 GMT).- Although headline consumer price inflation dropped back sharply in January, it is likely...
Australia’s growth to slow to just 1.8% this year: Capital Economics
Mar 04, 2015 19:18 pm UTC| Commentary
Quotes from Capital Economics:- Australias economy picked up less than expected in Q4, by a seasonally-adjusted 0.5% q/q, up from 0.4% in the previous quarter. In annual terms, the economy expanded by 2.5%.- Worse is...
BoC to remain on hold at 0.75% for the remainder of the year: Rabobank
Mar 04, 2015 19:10 pm UTC| Commentary
Quotes from Rabobank:- Today, the Bank of Canada kept its target for the overnight rate at 0.75%. The economy is evolving as the Bank had anticipated at the time of the surprise rate cut in January and financial conditions...
BTP/SPGB spread will remain tight over the coming months: UniCredit
Mar 04, 2015 18:53 pm UTC| Commentary
Quotes from UniCredit Research:- The 10Y yield spread between Italian and Spanish bonds has tightened to virtually flat levels, the narrowest since April 2014, from over 30bp in December 2014.- Political woes in Spain,...
Mar 04, 2015 18:39 pm UTC| Commentary
Quotes from Western Union:- Another solid reading on the U.S. labor market kept the greenback camped near 11-year peaks against a currency basket.- ADP employment rose 212,000 in February, a bit lower than forecasts of...
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