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Bank of Korea cuts benchmark repo rate by 25 bps to 1.25 pct, leaves door open for further cuts

Oct 16, 2019 10:52 am UTC| Commentary Central Banks

The Bank of Korea cut its benchmark interest rate for the second time in 2019. The BoK cut its benchmark repo rate by 25 basis points to the record low of 1.25 percent, as was widely anticipated. The rate cut was driven by...

NZ consumer prices rise 0.7 pct in September quarter, inflation pressures continue to build

Oct 16, 2019 09:21 am UTC| Commentary Economy Central Banks

New Zealands consumer price inflation was a little higher than expected in the September quarter, rising 0.7 percent q/q. The annual inflation rate dropped from 1.7 percent to 1.5 percent, largely due to the variability in...

MAS likely to adopt further easing to a neutral policy by next policy review in April 2020, says ANZ Research

Oct 15, 2019 13:14 pm UTC| Commentary Central Banks Economy

With the Monetary Authority of Singapore (MAS) expecting growth to improve only modestly in 2020 and core inflation not seeing a pick up, further easing to a neutral policy is possible at the next policy review in April...

FxWirePro: EUR/JPY Strategic Currency Briefing, Monetary Policy Implications, OTC Outlook and Hedging Strategies

Oct 14, 2019 09:18 am UTC| Research & Analysis Central Banks

Amid the prevailing risks for the slowdown in the global economy, the yen is, on the one hand, in demand as a safe-haven, while on the flip side, it is likely to become more and more obvious in the course of the easing...

Digital Currency Revolution Series: SNB and BIS enter into a pact to explore possibilities and prospects of digital currencies

Oct 14, 2019 07:51 am UTC| Research & Analysis Digital Currency Insights & Views Central Banks

The Swiss National Bank (SNB) has made anannouncementthat it has signed an operational pact with the Bank of International Settlements (BIS) todelve intodigital currencies in the BIS Innovation Hub Centre established in...

Plunging U.S. inflation expectations likely to keep Fed on an easing course, says ING Economics

Oct 14, 2019 04:44 am UTC| Commentary Economy Central Banks

Plunging inflation expectations in the United States at a time of weakness in business surveys suggests the Fed will cut interest rates again in October, according to a recent research report from ING Economics. US...

CBR highlights downside risks to inflation; 25bp rate cut unlikely to weaken the ruble, says Commerzbank

Oct 11, 2019 08:15 am UTC| Commentary Central Banks Economy

The Central Bank of Russias (CBR) Governor Elvira Nabiullina spoke at a conference yesterday where she highlighted downside risks to inflation and the additional room now available for CBR to cut rates faster, according to...

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Economy

UK gilts jump on lower-than-expected September CPI; BoE Governor Carney’s speech in focus

The United Kingdoms gilts jumped during European trading hours Wednesday after the countrys consumer price inflation (CPI) for the month of September came in lower than market expectations, albeit remaining unchanged from...

German bunds flat after Eurozone September CPI slips slightly, trade balance lower than estimates

The German bunds remained flat during European session Wednesday after the eurozones consumer price inflation (CPI) for the month of September, slipped slightly, falling short of market expectations as well. Also,...

NZ consumer prices rise 0.7 pct in September quarter, inflation pressures continue to build

New Zealands consumer price inflation was a little higher than expected in the September quarter, rising 0.7 percent q/q. The annual inflation rate dropped from 1.7 percent to 1.5 percent, largely due to the variability in...

KRW likely to recoup more of year-to-date losses along with yuan appreciation in coming weeks, says Scotiabank

The South Korea won is expected to recoup more of its year-to-date losses along with the yuan appreciation in the coming weeks, according to the latest research report from Scotiabank. The Bank of Korea lowered its...

Australian bonds suffer tracking U.S. Treasuries on hopes of successful Brexit deal; September labour report eyed

The Australian government bonds suffered during Asian trading session Wednesday tracking a similar movement in the United States Treasuries after hopes arose of a successful Brexit deal soon amid a calmer trade talk...

Politics

Donald Trump’s alleged habit of ‘unwanted touching’ of women continues just before proposing to Melania Trump

Many people, especially the critics, have been having a hard time believing that the marriage and relationship between Donald Trump and Melania Trump are as good as they say it is. One of the pressing issues anchored to...

Melania Trump reacts to Donald Trump cheating allegations

Donald Trump and Melania Trump have always been in the limelight since they tied the knot. But the status of their marriage has become much more exposed to public speculations once they occupied the White House. Many...

Melania Trump: Is she distancing herself from Donald Trump’s political woes?

The past weeks have been hectic for the Trump administration, especially after an impeachment inquiry has been officially launched in the Congress in late September against President Donald Trump. Meanwhile, it is hard not...

How a 1905 debate about 'tainted' Rockefeller money is a reminder of ethical dilemmas today

Many nonprofits, including top universities and museums are confronting serious ethical dilemmas regarding accepting tainted money. The MIT Media Lab, an interdisciplinary research lab, has been widely criticized for...

Trump's bad Nixon imitation may cost him the presidency

Whatever Donald Trump does, Richard Nixon usually did it first and better. Nixon got a foreign governments help to win a presidential election over 50 years ago. Trumps imitation of the master has proven far from...

Science

HIV cure studies major advancements reported in 2019 spark hope

Finding a cure that would eliminate HIV from the body remains one of the biggest challenges in humanity. However, there have been numerous studies published this year alone that seemed to have proven that, ultimately, HIV...

Former NASA scientists insisted they found evidence of life on Mars

Scientists are usually very careful when answering questions on the long-running mystery of whether or not extraterrestrial life exists in space, especially on Mars. But a former scientist of the National Aeronautics and...

NASA Apollo 10 allegedly captured UFO images from space

Humans now have plenty of ideas on how space looks like, thanks to the numerous missions that the National Aeronautics and Space Administration and other similar agencies have launched over the years. However, images taken...

NASA rover allegedly captures an image proving there's life on Mars

It has been decades since humans started launching missions to space. At this point, the National Aeronautics and Space Administration (NASA) has already sent numerous rovers to Mars to observe the several sections of the...

Elon Musk reminded NASA it can share SpaceX’s IP to anyone; Agency unwilling to do so due to security concern

Elon Musk and NASAs partnership has been standing on rocky ground in recent months as the Commercial Crew endeavor has been delayed. The mission aims to put American astronauts to space using SpaceXs services, opting to...

Technology

'Fortnite: Chapter 2' to offer may new features and all-new island to navigate

Fortnite: Chapter 2 marks the return of the game after the black hole that lasted for 40 hours. Going offline for almost two days also signified the end of season 10, and now it is making its comeback and introducing...

‘The Sims 5’ release date depends on ‘TS4’ expansion contents

EA remains silent about their plans for The Sims 5. With that, fans of the life simulation video game series are looking at the possible remaining expansion contents for The Sims 4 to get an idea when an all-new title is...

‘Pokémon Sword and Shield’ release date: Upcoming entry needs 10.3 GB worth of storage

Nintendo is slated to reveal more information about Pokémon Sword and Shield in just a few hours. Until now, its difficult to discern what sort of detail is going to be shared. Is there a new Pokémon thats...

‘World of Warcraft Classic’ new dungeon arrives today; European servers to receive an update tomorrow

World of Warcraft Classic is preparing to bring in new content for the game, this time adding Dire Maul into the world. The dungeon was supposed to arrive next month but was slotted in early, hitting North American servers...

‘Elder Scrolls 4: Skyblivion’ release date: Developers will be changing areas on the map to reflect certain stories

Elder Scrolls 4: Skyblivion isnt expected to come out soon, and the games release is just adding more anticipation to an already anticipated title. Part of the reason for this excitement is due to the developers addressing...
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