Yellen’s speech today likely to decide dollar’s move ahead
Jul 10, 2015 13:19 pm UTC| Insights & Views Central Banks
US FED chair Janet Yellen is scheduled to speak today at 16:00 GMT and the topic US Economic Outlook is just in line with, what might give her the opportunity to explain how she is assessing the progress ahead. US...
Fed FOMC meeting focuses on risks to growth
Jul 10, 2015 09:21 am UTC| Commentary Central Banks
According to the minutes of the last FOMC meeting on 16/17 June which have just been published, at that time the participants regarded the risks to growth as largely balanced. However, they warned that any assessment of...
Fed remains cautious as ever, as they plan for future rate hikes
Jul 09, 2015 16:14 pm UTC| Commentary Central Banks
The minutes of the Federal Open Market Committee June 16-17th meeting were released Wednesday, in theory, giving some insight into the Feds thinking behind when they would begin normalizing policy. The Fed continued to...
Bank of Korea holds bank rates at 1.5%
Jul 09, 2015 07:31 am UTC| Commentary Central Banks
BoK kept bank rates unchage at 1.5% as expected this morning. This follows a 25bps cut in June in a pre-emptive move to guard against the economic fallout from Middle East Respiratory Syndrome (MERS). Commerzbank says,...
ECB awaits political developments before adjusting ELA
Jul 09, 2015 06:37 am UTC| Commentary Central Banks
The timely response by the Greek government in submitting a three-year ESM loan request yesterday contrasted with the gridlock over the past week and suggests we may finally be moving in the right direction before Sundays...
Poland's future monetary policy depends on fiscal decisions
Jul 09, 2015 04:29 am UTC| Commentary Economy Central Banks
Polands current monetary policy has no risks of change in near term.The PLN might be impacted by the potential risk connected to Grexit. However, the central bank and Ministry of Finance would likely intervene on the FX...
Poland central bank rates to remain unchanged till Q1 2016
Jul 09, 2015 04:22 am UTC| Commentary Central Banks
Interest rates were held flat for the fourth month in a row by the Poland MPC. Governor Marek Belka said that the likelihood of any changes to the level of interest is low. Belka doesnt expect the MPC to revert to an...
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