Aussie touches 10 month High against Dollar on RBA’s “very”
Apr 19, 2016 08:01 am UTC| Commentary Central Banks
In its minutes of April meeting, released today, Reserve Bank of Australia (RBA) has introduced a four letter word that has been driving Aussie since the morning. Australian Dollar, traded 0.78 against Dollar today, a...
Can we believe what the Treasury says about the cost of Brexit?
Apr 19, 2016 06:53 am UTC| Insights & Views Central Banks
Theres a high price to be paid if Britain leaves the European Union, according to the UKs Treasury forecasts. Leaving the EU would cost the average household 4,300 per year, it is suggested. But Chancellor George Osborne...
Meeting minutes suggest RBA upbeat about economic development, unlikely to lower rates soon
Apr 19, 2016 05:32 am UTC| Commentary Central Banks
The RBA April board meeting minutes were released this morning. According to the minutes, the central bank is optimistic about the domestic economic developments, said St George Economics. However, the RBA raised worries...
Upbeat inflation data pushes back RBNZ rate cut expectations
Apr 18, 2016 15:37 pm UTC| Commentary Central Banks
Statistics New Zealand data released on Monday showed that NZ consumer price index had risen 0.2 percent in the first quarter, higher than the 0.1 percent expected by analysts. Year on year came in line with expectations...
ECB lending survey for April likely to indicate declining credit standards for companies
Apr 18, 2016 11:04 am UTC| Commentary Central Banks
The April ECB lending survey, which was carried out in March, is expected to indicate easing signs in credit standards for loans to firms, according to Societe Generale. Meanwhile, consumer standards are likely to be...
Weak data and rising Yen raise scope for further policy easing from BoJ at April 27-28 meet
Apr 15, 2016 15:36 pm UTC| Commentary Central Banks
Bank of Japan will hold its two day monetary policy meeting on 27-28 April where it is expected to decide policy rate and update forecasts inflation and growth figures. Reuters poll shows 8 out of 16 analysts feel that the...
RBA largely satisfied with moderation in house price growth and mortgage lending
Apr 15, 2016 15:01 pm UTC| Commentary Central Banks Real Estate
In its half yearly Financial Stability Review (FSR), the RBA indicated a sense of satisfaction with the moderation in house price growth and mortgage lending. RBA Financial Stability Review has ruled out concerns over...
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