Zloty ignores NBP rate cut warning, firms against the Euro
Mar 15, 2016 14:28 pm UTC| Commentary Central Banks
Polish central bank kept its 1.5 percent main interest rate on hold, as widely expected. The central bank chose not to follow the monetary easing by the ECB but slashed 2016 inflation forecast from 1.1% (as of Q4) right to...
BoE to vote unanimously in favour of holding rates, pound to see little impact
Mar 15, 2016 13:54 pm UTC| Commentary Central Banks
Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and is expected to vote unanimously in favour of leaving rates unchanged. The meeting is likely to be a...
Bank of Russia to keep key interest rate on hold
Mar 15, 2016 12:44 pm UTC| Commentary Central Banks
The Russian central bank, during its monetary policy meeting on Friday, is likely to keep its key ate on hold at 11%. The stronger RUB and depreciating RUB volatility are opening space for a softer stance by the central...
BoE to stand pat at Thursday's policy meet, rate hike bets pushed back to early 2017
Mar 15, 2016 10:48 am UTC| Commentary Central Banks
Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and the central bank will undoubtedly retain interest rates at current record lows as the UK economic...
Norges Bank to revise down rate path significantly and cut rates
Mar 15, 2016 09:52 am UTC| Commentary Central Banks
This week Norges Bank will publish its rate decision and a new rate path. The market forecasts a higher possibility of the central bank lower rates to 0.5% from 0.75%. The rate path of central bank from December held more...
Why ECB corporate bond purchase will be more challenging than you think
Mar 15, 2016 08:03 am UTC| Commentary Central Banks
Biggest announcement that has been rocking the market and acting as bullish for European equities is European Central Banks (ECB) inclusion of corporate bonds in its purchase program. Yields are dropping across the...
Mar 15, 2016 06:09 am UTC| Commentary Central Banks
The Reserve Bank of Australias March Board meeting minutes provided very little new guidance. The minutes revealed the themes discussed, which were very similar to the post-meeting press release below trend domestic...
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