What to watch out in today’s FOMC minutes
Apr 06, 2016 11:56 am UTC| Commentary Central Banks
Today, Federal Reserve Open Market Committee (FOMC) will release minutes of its March meeting, which is the biggest event risks for Dollar based pairs. Todays minutes is of particular interest to have a feel, which camp...
Norges Bank to lower key policy rate later in September, NOK likely to strengthen eventually
Apr 06, 2016 10:58 am UTC| Commentary Central Banks
Norges Bank, during its last meeting, had clearly hinted that it will further lower rates; however, it will take time. Also, the central bank showed reluctance to lower rates below zero. Hence, Norges Bank is now likely to...
Gloomy NZIER survey increases the risk of RBNZ OCR cut in April
Apr 05, 2016 16:00 pm UTC| Commentary Central Banks
New Zealand Institute of Economic Research (NZIER) Survey of Business Opinion was released earlier today. Data showed business confidence dropped in the first quarter of 2016, with a net 1% of businesses expecting a...
BOJ LIKELY TO DEBATE POSSIBILITY OF EASING MONETARY POLICY AT APRIL 27-28 RATE REVIEW – SOURCES
Apr 05, 2016 11:54 am UTC| Central Banks
Market Roundup Impact of China on advanced economies set to grow Financial Times China bank regulator says lenders should tighten overseas risk control Nikkei 225 Index closes down 2.42% BoJ Gov Kuroda QQE...
RBI lowers repo rate by 25bp on external concerns, unlikely to lower further in 2016
Apr 05, 2016 08:36 am UTC| Commentary Central Banks
The Reserve Bank of India lowered its repo rate by 25bp to 6.5%, on par with market expectations. However, the central bank surprisingly raised the reverse repo rate by 25bp to 6%, which narrows the policy rate corridor to...
RBI tweaked policy in a first time ever fashion
Apr 05, 2016 06:33 am UTC| Commentary Central Banks
Today, Reserve Bank of India, Governor Raghuram Rajan, tweaked policy in an unprecedented way by reducing repo rates, at which banks borrow and increasing reverse repo rates, the rates banks get while depositing excess...
RBI likely to lower policy rate by 25bp
Apr 05, 2016 05:16 am UTC| Commentary Central Banks
In order to strengthen Indias economic growth, the Reserve Bank of India (RBI) is likely to lower its policy rate by 25 bp today, according to Scotiabank. On 29 February, the Indian government had introduced a budget...
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