How the new Poland's MPC will approach monetary policy?
Feb 10, 2016 14:40 pm UTC| Commentary Central Banks
Polands new MPC is gradually being sworn in. Yesterday, Lower House nominees Grazyna Ancyparowicz and Eryk Lon were sworn in, President Andrzej Duda will nominate his two positions by 19 February. Remarks by most new...
Janet Yellen’s testimony: what to watch out for?
Feb 10, 2016 13:06 pm UTC| Commentary Central Banks
With FED chair Janet Yellen ahead, market has now moved to a consolidation phase, and volatility awaits to return after her testimony and through question-answer session. It is expected to begin at 15:00 GMT. Lot of...
ECB, BoJ likely to weaken currency further
Feb 10, 2016 10:23 am UTC| Commentary Central Banks
Investors are driven towards safe haven assets as stock markets continue to slump, with oil price hovering towards its lows. The EUR and the JPY are seen benefiting amid global growth turbulence.EUR/USD touched a three...
RBI Deputy Governor: Massive Disruption Is Possible Based On The Technology Using Blockchain
Feb 10, 2016 10:13 am UTC| Digital Currency Central Banks
Along with major banks and tech companies increasingly taking interest in blockchain and distributed ledger technologies, government authorities and agencies are also looking at the technology to explore relevant use...
Markets await Fed Chair’s testimony for cues on March meeting
Feb 10, 2016 09:28 am UTC| Commentary Central Banks
With several Asian markets closed and markets focus on Yellens testimony, overnight markets remained moderately stable. USD/JPY continues to hover at 15-month low of 114.21 hit on Tuesday, while the commodity currencies...
Outflow of Fx reserves continues, and so does PBoC's dilemma
Feb 09, 2016 14:33 pm UTC| Commentary Central Banks
Despite the impressive $ 3.2 trillion PBoCs FX holdings, the speed at which the PBoC once again lost FX reserves in January is quite alarming. Since top levels reached in the summer of 2014, 19% of the PBoCs reserves have...
Feb 09, 2016 12:52 pm UTC| Commentary Central Banks
Although the ZAR oscillated within a range of 15.77-16.43/USD range from last week, it went into the weekend largely unchanged on the week at 15.85/USD. The ZAR initially weakened during the first half of the week in...
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