RBA leaves cash rate on hold; Nov policy meet in focus after examining Q3 inflation
Sep 06, 2016 07:13 am UTC| Commentary Economy Central Banks
The Reserve Bank of Australia left its official cash rate (OCR) at a record low of 1.50 percent in its monetary policy meeting held Tuesday, after having reduced it by 25 basis points in both May and August. However, the...
RBA monetary policy: Assessing future bias
Sep 06, 2016 06:10 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA) maintained its monetary policy stance at todays meeting and kept interest rates steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key...
RBA likely to stay pat on Tuesday, may lower interest rates in November
Sep 05, 2016 10:41 am UTC| Commentary Economy Central Banks Insights & Views
The Reserve Bank of Australia is scheduled to release its monetary policy decision on Tuesday at 04:30 GMT and it is widely expected to leave its interest rate unchanged at 1.50 percent. However, we foresee that there is a...
Fundamentals to watch out for this week
Sep 05, 2016 10:30 am UTC| Commentary Economy Central Banks
This week is quite risk heavy with important economic dockets and central bankers. What to watch for over the coming days: U.S. economic data: After a disappointing NFP report last Friday, focus will be on...
DKK likely to be stable in future, central bank to keep rates on hold for longer period
Sep 05, 2016 07:06 am UTC| Commentary Central Banks
Denmarks central bank did not intervene in the foreign exchange market in August, the second straight month of non intervention. Since the start of August, the Danish krone has been weakening against the euro, consistent...
Kuroda assures room for rate cuts
Sep 05, 2016 06:45 am UTC| Commentary Central Banks
In a speech titled, Comprehensive Assessment of the Monetary Easing: Concept and Approaches, Bank of Japan (BoJ) governor Haruhiko Kuroda delivered strong wordings and stressed that the notions of central banks going out...
FxWirePro: SNB negative rate policy and asset program keep Swiss franc at stake
Sep 05, 2016 06:19 am UTC| Insights & Views Central Banks
There is ageneral consensus that the Swiss franc is highly overvalued, but the external balance remains strong. Both the SNB and IMF think so, and the Big Mac index lists the franc as the most overvalued currency in its...
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