ECB's ultra-loose monetary policy yet to impact German economic sentiment
Mar 23, 2016 14:40 pm UTC| Central Banks
German economic data released on Tuesday continued to paint a mixed picture of the economy. Out of the three most prominent confidence indicators in Germany released on Tuesday, the Ifo index, rebounded in March to 106.7,...
Patrick Harker - latest addition to the hawkish camp of Fed officials
Mar 23, 2016 14:04 pm UTC| Central Banks
Philadelphia Fed President Patrick Harker told reporters in a speech on Tuesday that the Federal Reserve should consider another interest rate hike as early as next month if the US economy continues to improve as it has of...
FED Hike Aftermath Series: Take note of Evans, a dove on the change
Mar 23, 2016 12:48 pm UTC| Central Banks Commentary
Two rate increases not at all unreasonable When such comments come from the most dovish of FED policymakers, it calls for caution. Chicago FED president Charles Evans, last year has been strongly calling for no hikes,...
Downside risks to New Zealand inflation outlook likely to keep RBNZ under pressure
Mar 23, 2016 11:25 am UTC| Central Banks
New Zealands economy expanded more than expected in the fourth quarter of 2015, but the tepid inflation picture suggests more rate cuts from the central bank. New Zealands GDP rose a seasonally adjusted 0.9 percent in Q4...
FED hike aftermath series: Dollar well bid as market sharply fast forwards hike expectations
Mar 23, 2016 09:30 am UTC| Commentary Central Banks
For the past three days, Dollar has gained against its developed as well as emerging market currencies. After US Federal Reserve policymakers in its March meeting reduced rate expectations by 50 basis points to just two...
Thai Baht falls against US dollar after BoT stands pat
Mar 23, 2016 08:06 am UTC| Central Banks
USD/THB is trading around 35.09 levels. It made intraday high at 35.11 and low at 34.94 levels. Thailand central bank keeps policy rate unchanged at 1.50 pct as expected. Intraday bias remains bullish till...
FED Hike Aftermath Series: What to infer from rising inflation expectations?
Mar 23, 2016 07:31 am UTC| Commentary Central Banks
Breakeven inflation rates in United States and around the world are rising, with partial thanks to higher oil price. However, there is probably more to infer from this rising expectations rather than just to consider it as...
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