Bank of Japan likely to lower rates further into negative territory in June and H2 2016
Feb 23, 2016 09:12 am UTC| Commentary
The Bank of Japan in January adopted negative interest rates. It introduced a three-tier interest rate system that splits the Bank of Japans balance of current account in three parts and applies different interest rates on...
Negative rates addiction, confusion and absurdities series: vaults in fashion
Feb 22, 2016 11:24 am UTC| Commentary Central Banks
As central banks around the world embrace negative rates, fear among public is moving up regarding the issue. Last week, newspapers from Japan reported that people are looking to store or park money elsewhere. Some are...
CHF value justifies further SNB action?
Feb 19, 2016 14:41 pm UTC| Commentary Central Banks
Despite the turmoil in the global equity markets, the Swiss Franc has remained on a weakening trend since the start of the year. The temporary strength seen in early February on volatility and Fed re-pricing is unlikely to...
Japan machinery orders: More bad news for Mr. Kuroda
Feb 17, 2016 11:41 am UTC| Commentary
Bank of Japan (BOJ) governor Haruhiko Kuroda might be having worst of times in his tenure as the governor, since good news for him are so scarce these days. Since yesterday, Yen has remained quite well bid, raising the...
Japanese economy back in contraction zone
Feb 15, 2016 05:46 am UTC| Commentary Economy
2015 didnt end well for Japan and BOJ too. According to latest estimate released Japans economy shrank in final quarter of 2015 and more than it was expected. AQs per latest data, Japans GDP shrank by 0.4% in fourth...
FED hike aftermath series: probability of negative rates from FED is on the rise
Feb 11, 2016 08:37 am UTC| Commentary
Addicted to negative. Bets in financial markets are slowly creeping up that FED will be following Bank of Japan (BOJ), European Central Bank (ECB), and Swiss National Bank (SNB) to follow into the territory of negative...
SNB unlikely to cut rates further
Dec 21, 2015 07:08 am UTC| Commentary
Since EUR/CHF stepped up into higher range in July/August, it has been trading around 1.07 to 1.10, which leaves USD/CHF determined by EUR/USD. After the ECB meeting, SNB also held off from easing. It is still...
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