
Oct 20, 2016 12:02 pm UTC| Central Banks Commentary
A glance at the implied 3-month volatilities illustrates the whole crux of the matter: at 19.9% ZAR is the currency with the highest volatility at present among G20 FX space. The volatility of the rand is the expression...
Bank Indonesia cuts interest rate by 25bps to stimulate loan growth
Oct 20, 2016 11:04 am UTC| Commentary Central Banks
The Indonesian central bank, Bank Indonesia, cut its 7-day reverse repo rate by 25 basis points to 4.75 percent during its meeting today. This was the sixth reduction in 2016. The central bank continues with its aggressive...
What to expect from ECB ahead?
Oct 20, 2016 10:40 am UTC| Commentary Central Banks
Today European Central Bank (ECB) is to provide further guidance in policy meet. The result to be announced at 11:45 GMT, followed by apress conference at 12:30 GMT. Meeting is to be held in Frankfurt. Current policy...
Central Bank of Turkey likely to lower interest rate; USD/TRY to trade around 3.20 by end 2016
Oct 20, 2016 08:37 am UTC| Commentary Central Banks
The Central Bank of Turkey (CBT) is expected to lower its overnight lending rate at the monetary policy meeting scheduled to be held today. However, it is likely to keep other policy parameters on hold. CBT is expected...

Oct 20, 2016 08:00 am UTC| Central Banks Research & Analysis
The ECB policy decision and UK retail sales are the highlights of the calendar, but attention will also be on the start of a two-day EU leaders summit (including PM Theresa May) in Brussels. Mrs. May is reportedly going to...
BoC keeps policy rate on hold and revises down growth outlook, unlikely to hike rate any time soon
Oct 20, 2016 05:29 am UTC| Commentary Central Banks
As widely expected, the Bank of Canada kept its key policy rate on hold at 0.50 percent during its meeting yesterday. Meanwhile, the central bank revised down its economic growth outlook again citing subdued exports...
Brazilian central bank cuts interest rate first time in four years to spur economic recovery
Oct 20, 2016 04:50 am UTC| Commentary Economy Central Banks
The central bank of Brazil has cut its benchmark interest rate for the first time in four years at the monetary policy meeting held Wednesday, in an attempt to spur the countrys economic recovery. The Latin Americas...