RBA likely to keep interest rate unchanged, expected to ease in Q3 2016
Jul 04, 2016 05:54 am UTC| Commentary Central Banks
The Reserve Bank of Australia is expected to remain on hold at its monetary policy meeting scheduled to be held on July 5, at 4:30 GM. The central bank is expected to leave the official cash rate at its record low of 1.75...
ECB prepares for greater asset purchases
Jul 01, 2016 13:52 pm UTC| Central Banks
The European Central Bank is considering the loosening of rules for its bond purchases as the bank is running out of debt to buy in the aftermath of the Brexit vote. Investors piled into the regions safest assets and...
Jul 01, 2016 12:14 pm UTC| Research & Analysis Insights & Views Central Banks
The majority of central banks are happy with conventional measures such as that, but not the SNB. During the Brexit night, the Swiss National Bank intervened. After all, everyone is meant to realize that the Swiss...
Bank of Mexico hikes rates to support peso; likely to hike next in December
Jul 01, 2016 05:55 am UTC| Commentary Central Banks
The Bank of Mexico, on Thursday, raised the policy rate by 50 basis points to 4.25 percent in a bid to stop the depreciation of Mexican peso to spill over on inflation expectations. This was Banxicos first rate hike since...
PBoC keeps alive possibility of further easing if slowdown gathers pace
Jun 30, 2016 13:59 pm UTC| Commentary Central Banks
The Peoples Bank of China is willing to allow the yuan CNYUSD, -0.1385% to fall to 6.8 per U.S dollar in 2016, Reuters reported Thursday, citing policy sources. Chinas yuan sank to a six-month low against the dollar in...
Riksbank likely to leave monetary policy unchanged through December 2017
Jun 30, 2016 12:43 pm UTC| Insights & Views Central Banks Commentary
Swedish inflation slowed more than estimated in May. The inflation rate according to CPIF was 1.1 percent y/y in May 2016, as compared to the previous months 1.4 percent and consensus expectations of 1.2 percent. After...
Taiwan’s central bank lowers key interest rate to 1.375 pct
Jun 30, 2016 11:38 am UTC| Commentary Central Banks
As widely expected, the Taiwanese central bank, CBC, lowered its key interest rate as the economic growth outlook continues to be under pressure. During its meeting, the CBC cut the rediscount rate to 1.375 percent from...
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