Feb 15, 2017 14:43 pm UTC| Commentary Central Banks
Swedens central bank in a unanimous decision left its policy rate unchanged at -0.50 percent and also left untouched the QE programme, which was extended in December to run throughout H1 2017. Swedens Riksbank executive...
Feb 15, 2017 12:34 pm UTC| Central Banks Economy Commentary
Federal Reserve Chair Janet Yellens congressional testimony gave a rather upbeat assessment of the US economy, consistent with the Feds expectation of further gradual increases in interest rates. In a testimony before the...
Feb 15, 2017 12:28 pm UTC| Commentary
The Indonesia central bank, Bank Indonesia, is expected to keep the key interest rate unchanged during its meeting tomorrow, according to a Societe Generale research report. The focus is likely to be on maintaining...
Key commentaries from Fed’s Lockhart and Lacker
Feb 15, 2017 07:04 am UTC| Commentary Central Banks
One dove, one hawk. Speaking at a congressional hearing after Fed chair Janet Yellen, Atlanta Fed President Dennis P. Lockhart said that he sees no compelling reason to move ahead with a rate hike in March this year....
Australian bonds plunge following softer U.S. treasuries post Fed Chair Yellen’s hawkish testimony
Feb 15, 2017 04:14 am UTC| Commentary
The Australian government bonds plunged Wednesday, tracking softness in U.S. Treasuries after the Federal Reserve Chair Janet Yellen presented a hawkish testimony before the Senate Banking Committee. Also, investors are...
U.S. Treasuries slump ahead of Fed Cair Yellen’s testimony, investors eye FOMC speeches
Feb 13, 2017 11:53 am UTC| Commentary
The U.S. Treasuries plunged Monday ahead of the Federal Reserve Chair Janet Yellens testimony scheduled to be held on February 14. Also, investors are awaiting a host of speeches by few members of the Federal Open Market...
Bank of Mexico hikes overnight rates by 50 bps, likely to further tighten policy this year
Feb 10, 2017 12:25 pm UTC| Commentary Central Banks
The Bank of Mexico hiked its overnight rates yesterday by additional 50 basis points to 6.25 percent, as was widely expected. In this cycle, the total tightening has come to 325 basis points. Significantly, the central...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects