Mar 03, 2015 02:12 am UTC| Commentary
For the RBA meeting today the market is split on whether the Bank will cut the policy rate. RBC is calling for the board to leave the cash rate at 2.25%, leaving more time to digest the impact of the February easing. So...
Tightening mode for now in Brazil
Mar 03, 2015 01:23 am UTC| Commentary
The Banco Central do Brazils (BCBs) monetary policy committee (COPOM) meets on 4 March. Standard Chartered Research notes: We now expect it to maintain its 50bps hiking pace, raising the SELIC rate to 12.75% (prior:...
BoC took out insurance in Jan; may wait now, then cut again
Mar 03, 2015 01:14 am UTC| Commentary
The Bank of Canadas (BoCs) rate decision will be on 4 March (10:00 ET). The BoC unexpectedly cut its overnight lending rate (-25bps to 0.75%) in January, which it justified as "insurance" against the oil-price shock, a...
RBA set to reduce cash rate for a second month in a row: Capital Economics
Mar 02, 2015 19:39 pm UTC| Commentary
Quotes from Capital Economics:- Its a close call, but we believe that the weak tone of the recent economic news will just about be enough to prompt the Reserve Bank of Australia (03.30 GMT) to reduce the cash rate for a...
Swiss economy likely expanded healthily in Q4: Capital Economics
Mar 02, 2015 19:30 pm UTC| Commentary
Quotes from Capital Economics:- Swiss GDP (06.45 GMT) is likely to have again expanded healthily in Q4. On balance, we forecast a 0.7% rise in GDP which would leave the annual growth rate at 2.1%.- But while the franc was...
Canada GDP probably rebounded by 0.4% m/m in Dec: Capital Economics
Mar 02, 2015 19:29 pm UTC| Commentary
Quotes from Capital Economics:- Our calculations indicate that, after contracting by 0.2% m/m in November, Canadas monthly GDP (13.30 GMT) rebounded by 0.4% m/m in December. For the fourth quarter as a whole, we think that...
PBoC rate cuts unlikely to prevent a decline in Chinese equities: Capital Economics
Mar 02, 2015 19:17 pm UTC| Commentary
Quotes from Capital Economics:- The reaction of Chinese equity markets to the PBOC 25bp interest rate cuts on Saturday has so far been limited. Indeed, it is striking that the Shanghai Composite Index closed less than 0.8%...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects