Poor retail sales data will likely weigh on RBA rate decision tonight
Apr 04, 2016 14:03 pm UTC| Commentary Central Banks
AUD came under pressure this morning following disappointing retail sales data. Data released earlier today showed Australias Feb retail sales came at 0.0% m/m missing expectations for 0.4% and compared to 0.3% in the...
Tankan survey damages market confidence in BoJ's policy effectiveness
Apr 04, 2016 13:41 pm UTC| Commentary Central Banks
BOJ March Tankan corporate price expectations survey showed that Japanese companies long-term inflation expectations weakened in March from three months ago. Tankan report on Friday showed that business confidence among...
Fundamentals to watch out for this week
Apr 04, 2016 06:39 am UTC| Commentary Central Banks
This week is not very risk heavy in terms of events, compared to last week, however some specific risks related to several currency pairs are quite large. What to watch for over the coming days RBI...
Australian economy doing well but rate cuts loom
Apr 04, 2016 02:37 am UTC| Insights & Views Central Banks
The rising Aussie dollar gives the RBA cause for concern, credit-fuelled spending slows, and US unemployment ticks up amid growing US confidence. The basic logic of interest rate policy is that when the economy is...
PBOC discloses currency forward positions for the first time
Apr 01, 2016 14:35 pm UTC| Commentary Central Banks
PBoC for the first time disclosed its short foreign-currency positions in forwards and futures. As of end-February, it held USD28.9bn of such positions with commercial lenders and USD2.4bn worth of total long...
Bitcoin Standard Would Not Last Long, Says Bank of Canada Researcher
Apr 01, 2016 10:10 am UTC| Digital Currency Central Banks
Warren E. Weber, Research Consultant, Bank of Canada, has published a new working paper that envisions a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or...
ECB move lead to record corporate bond issuance in March
Apr 01, 2016 09:16 am UTC| Commentary Central Banks
Corporations in Euro Zone are having time of their life in financing themselves as yields have dropped, after European Central Bank (ECB) announced additional bond purchase of 20 billion per month, in addition to its...
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