MAS eases property refinancing rules; central bank likely to keep policy on hold in October

Sep 02, 2016 08:39 am UTC| Commentary Central Banks

Singapores central bank, the Monetary Authority of Singapore, has eased rules of property refinancing. With immediate effect, current property owners would be exempted from a 60 percent cap of salary on their total debt...

Australian small businesses could be stretched by changes to commercial credit cards

Sep 02, 2016 06:41 am UTC| Insights & Views Business Central Banks

Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of...

ECB unlikely to make any changes to monetary policy stance in September

Sep 01, 2016 12:36 pm UTC| Commentary Central Banks

The European Central Bank Governing Council is unlikely to make any alterations to the monetary policy stance during its meeting next week, noted Nordea Bank in a research report. Even if very low inflation might warrant...

Brazil central bank keeps borrowing costs on hold for the ninth straight session

Sep 01, 2016 12:00 pm UTC| Commentary Central Banks

The central bank of Brazil kept borrowing costs on hold consecutively for the ninth monetary policy meeting, as the economy struggles with a widening recession, deep inflationary pressures and the recent fallout from the...

Impressive comeback of dollar unlikely to sustain

Sep 01, 2016 10:24 am UTC| Commentary Central Banks

Riding on the optimism of an upcoming rate hike as early as September, after several policymakers in Kansas City organized Jackson Hole Economic Symposium hinted at the ideas of supporting a hike as early as next month;...

“Collaterals management” seem vulnerable to European derivative users as negative rates post adverse knock

Sep 01, 2016 09:35 am UTC| Insights & Views Economy Central Banks

Euro crosses derivatives users are the latest group are to be adversely impacted by negativeinterest rates as they get penalized for the cash they park at Europes biggest clearinghouses. Traders can thank European Central...

Currency War Series

BoJ Monetary Policy: Trapped without exit

Sep 01, 2016 09:08 am UTC| Commentary Economy Central Banks

The central bankers around the developed world have been trying since the great recession of 2008/09, in order to revive their respective economies and fulfill their statutory mandates which are to maintain price...