Market nervous over Brainard speech

Sep 12, 2016 11:14 am UTC| Commentary Economy Central Banks

The financial market participants are cautious on todays speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this years most closely watched speech...

Ringgit remains volatile to cross-border portfolio flows; subdued internal uncertainty persists

Sep 12, 2016 10:41 am UTC| Commentary Economy

The Malaysian ringgit remains susceptible to external factors that drive cross-border portfolio flows and playing a decisive role in influencing the MYR exchange rate in the coming months as Malaysias domestic political...

Renminbi Series

Renminbi Series: Rise of Hibor stirs Global market

Sep 12, 2016 10:35 am UTC| Commentary Economy Central Banks

HIBOR or the Hong Kong Interbank Offer Rate became infamous earlier this year in January when overnight rate touched above 68 percent as the Peoples bank of China (PBoC) drew liquidity from the offshore market via...

Negative interest rate policy raises doubts over impact on capital markets; IMF supports ECB’s stance

Sep 12, 2016 10:04 am UTC| Commentary Economy

The negative interest rate policy has raised doubts over the potential impact on capital markets as the debate about whether a negative interest rate policy (NIRP) helps or hinders the transmission mechanism of monetary...

Downside risks to inflation outlook likely to keep BoC on an accommodative monetary policy stance

Sep 12, 2016 09:50 am UTC| Insights & Views Central Banks Economy

Canadian economy started 2016 on a strong footing, growing 0.6 percent q/q in Q1. However, it was unable to sustain the strong momentum into Q2. Oil production downtime caused by the wildfires was the main drag. That said,...

PBoC expected to stay neutral in the near term to avoid property, financial bubbles

Sep 12, 2016 09:48 am UTC| Commentary Economy

The Peoples Bank of China is expected to stay neutral for an extended period of time, in order to avoid potential property and financial bubbles. The corridor of 7-day repo rate is targeted to center around 2.25 percent...

August consumer inflation rise in Philippines, likely to average out by year-end

Sep 12, 2016 09:01 am UTC| Commentary Economy

Consumer price inflation in the Philippines rose during the month of August, despite easing in annual gains of food and non-alcoholic beverages. However, the headline inflation is still expected to average out by end of...