Norges Bank to lower interest rate on Thursday
Mar 14, 2016 10:48 am UTC| Commentary Central Banks
The Norges Bank is expected to lower its interest rate on Thursday by 25bp. It is also likely to adjust the interest rate path down by 7-8 bp by late 2016 so it can give a slightly above 50% possibility of a further cut...
Czech National bank to introduce negative interest rates?
Mar 14, 2016 10:22 am UTC| Commentary Central Banks
The EUR-CZK pair has been rising in recent weeks after remaining stable at close to its 27.00 floor for four months. This indicates that the market believes the central bank will have to break its policy status quo in the...
Polish central bank likely to lower rates by Q3, lowers inflation outlook for 2016, 2017
Mar 14, 2016 09:51 am UTC| Commentary Central Banks
Polands central bank, during its meeting on Friday, kept its policy unchanged and hinted a likely reduction in rate if there is excessive capital inflow from euro area. The central bank cut its inflation forecasts as...
Bank of Japan unlikely to make changes to monetary policy tomorrow
Mar 14, 2016 09:42 am UTC| Commentary Central Banks
The Bank of Japan is unlikely to make any changes to its monetary policy. The central bank is expected to keep its promise of raising the monetary base by JPY 80 trillion on an annual basis and to apply negative rate of...
Stock market enjoys ECB package while Euro remains defiant
Mar 11, 2016 12:59 pm UTC| Commentary Central Banks
Euro is down today, but after last nights big rally, itwill only be fair to call todays move as throw away and largely expected at the end of the week, but stock markets have begun enjoying the ECB package gaining back...
US Fed unlikely to hike rates next week, but high probability of hike in April or June
Mar 11, 2016 12:39 pm UTC| Commentary Central Banks
Since FOMCs January meeting, financial conditions have noticeably eased. The committee had become more dovish in January, erasing around half of the tightening that came after the first hike in December. However, according...
Bank of Mexico to follow US Fed’s policy strategy, to keep rates on hold next week
Mar 11, 2016 12:13 pm UTC| Commentary Central Banks
The Bank of Mexico is expected to follow the US Feds move and keep the overnight rate on hold at 3.75% next week. It is likely to issue a relatively dovish statement in terms of growth but slightly more hawkish in terms of...
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Germany lowers voting age to 16 for the European elections
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