Strong reaction to Riksbank’s rate cut decision unlikely to deter ECB from easing policy in March
Feb 18, 2016 07:40 am UTC| Commentary Central Banks
The adverse response to Swedens Riksbanks decision last week to further cut policy rate below zero from -0.35% to -0.50% indicates investors worries regarding the impact of negative interest rates on the profitability of...
Key highlights from FOMC minutes
Feb 18, 2016 06:44 am UTC| Commentary Central Banks
Minutes of January meeting released yesterday provided vital glimpse to FOMC policymakers thinking regarding US monetary policy. Though immediate market reaction has been relatively mute, since the wordings were in line...
FOMC January minutes show optimistic review of economic data
Feb 18, 2016 06:01 am UTC| Commentary Central Banks
The January FOMC minutes show that the committee has kept a positive review of incoming economic data amidst increasing worries regarding the impacts of financial market disruptions. The minutes set up three thresholds for...
The factors causing BoC's easing essential
Feb 17, 2016 12:27 pm UTC| Insights & Views Central Banks
USD/CAD trimmed yesterdays gains to trade at 1.3843, the pairs lowest since February 5th, during early European session, still down 0.12%. But the Canadian dollar weakened after a meeting between oil ministers from Saudi...
Rosengren lays out conditions required for FED easing
Feb 17, 2016 09:32 am UTC| Commentary Central Banks
President of Federal Reserve Bank of Boston, in his speech today, laid out the conditions, under which FED or rather he might consider voting to ease policy from here. He called that central banks might have to revise...
Yen’s movement suggests PBoC’s Yuan fix fuelled risk aversion
Feb 17, 2016 06:45 am UTC| Commentary Central Banks
Another weaker fix from Peoples Bank of China (PBoC) and that seems to enough to jolt currencies across Asian markets and fuel risk aversion. Peoples Bank of China (PBoC) announced todays fix, which was weaker than...
Asian markets trading on a mix note, PBoC devalued the Yuan
Feb 17, 2016 03:26 am UTC| Commentary Central Banks
Asian markets continue to move higher on Wednesday but Japanese market was trading almost flat to negative. On the data front from China, PBoC devalued the currency around 0.2% as PBoC sets Yuan fix lower. The USD/CNY...
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