Central Banking Series

Poland central bank likely to hold rates steady this year as inflation remains disappointing, says Fitch Ratings

Mar 17, 2017 08:44 am UTC| Commentary Central Banks Economy

The Polish central bank is expected to hold rates steady at 1.5 percent for the rest of this year, as the countrys rate of inflation remains well below the central banks targeted range of 2.5 percent. However, the rates...

Indonesia likely to witness further pick-up in 2017 and 2018, driven by higher public investments: Fitch Ratings

Mar 17, 2017 07:20 am UTC| Commentary Economy

Indonesias GDP grew 5.0 percent in 2016, only slightly below what Fitch expected in its last GEO. Growth edged up a bit higher in 2016 as headwinds from activity in commodity-related sectors started to fade. Iron ore...

New Zealand consumer confidence eases in March, still remains above average

Mar 17, 2017 06:40 am UTC| Commentary Economy

New Zealands consumer confidence eased during the month of March, although still remaining above the average. The data continues to signal a good tempo for spending trends and economic momentum. The ANZ-Roy Morgan...

USD/INR likely to end 2017 at 67.5, to witness some retracement in near-term: ANZ Research

Mar 17, 2017 05:57 am UTC| Economy Commentary

The USD/INR currency pair is expected to see some retracement once the election-victory euphoria of the Bhartiya Janata Party fades, just as what markets witnessed following the 2014 election of Prime Minister Narendra...

New Zealand bonds close weak tracking U.S. counterparts; investors eye GDT auction next week

Mar 17, 2017 05:14 am UTC| Commentary Economy

The New Zealand bonds remained weak at the time of closing Friday, tracking softness in the U.S. counterparts amid a quiet trading session that witnessed data of little economic significance. Also, investors will remain...

Australian bonds relapse on profit-booking, track U.S. Treasuries

Mar 17, 2017 04:43 am UTC| Commentary Economy

The Australian bonds relapsed Friday as investors cashed in profits on the last trading day of the week after witnessing a long rally through the week. Further, investors will also be focusing on the Reserve Bank of...

U.S. Treasuries slump post Fed-Chair Yellen delivers 25bps interest rate hike

Mar 16, 2017 11:43 am UTC| Commentary Economy

The U.S. Treasuries slumped Thursday after the Federal Reserve Chair Janet Yellen delivered a 25 basis points rate hike in an overnight policy meeting, as was broadly anticipated by market participants. Also, investors...