Jan 06, 2017 06:54 am UTC| Commentary Central Banks
The Bank of Mexico intervened directly in the FX markets yesterday in order to strengthen the Mexican peso. The weakening in the start of New Year seemed too much for the central bank. As the inauguration of President...
German economists call for ECB rate rise after upbeat Eurozone CPI data
Jan 05, 2017 14:54 pm UTC| Commentary Economy
German economists called on the European Central Bank (ECB)on Thursday to raise interest rates after euro zone consumer prices grew faster than expected in December. - It is time for a normalization, Stefan Bielmeier,...
Fed minutes confirm upside risks to inflation from Trump's fiscal boost
Jan 05, 2017 11:59 am UTC| Central Banks Economy Commentary
FOMC minutes from the December meeting suggested that the Fed policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration. Nevertheless, members expressed concerns...
China Foreign Exchange Reserves Likely To Drop For 6th Straight Month
Jan 05, 2017 08:30 am UTC| Commentary Economy
Peoples Bank of China (PBoC) will release Decembers forex reserves data on Saturday. The stockpile is expected to drop for the sixth consecutive month, testing the USD3 trillion level from Novembers USD3.05...
Bundesbank likely to become more critical of ECB after regional inflation reading
Jan 03, 2017 10:36 am UTC| Commentary Economy
German Bundesbank Jens Weidman, who has already called for the policymakers at the European Central Bank (ECB) to be brave and be not afraid to hike rates when thesituation demands so, likely to step up his criticism of...
Jan 03, 2017 09:40 am UTC| Digital Currency Commentary
The Feds assertive tightening projections (hinted 3 hikes in 2017) plus US fiscal expansion should maintain upside pressure on US interest rates and the US dollar. As was widely expected, the FOMC raised the target...
PBOC to keep policy neutral, liquidity stable in 2017
Dec 30, 2016 15:48 pm UTC| Commentary Central Banks Economy
The Peoples Bank of China (PBoC) on Friday said that it would keep monetary policy neutral to help maintain stable liquidity conditions in the year ahead. In a statement summarizing the fourth quarter monetary policy...
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
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight