BOJ: current account balance at 254.5 trln at end of day
Jan 17, 2016 23:48 pm UTC| Central Banks
The Bank of Japan said the amount of reserves would be at 189.1...
First BoE rate hike likely in H1 2016
Jan 15, 2016 15:45 pm UTC| Commentary Central Banks
Yesterday Bank of England left its monetary policy unchanged, keeping the main rate at 0.5% and the QE amount at 375 billion annually. Only one Monetary Policy Member voted for a rate hike, as was broadly expected....
National Bank of Poland likely to change policy settings in March
Jan 15, 2016 07:28 am UTC| Commentary Central Banks
The National Bank of Polands new Monetary Policy Council (MPC) has kept its reference rate unchanged at 1.5%, on par with market forecast. There is an increased risk of rate cuts; however, the situation of stable rates for...
Turmoil pushes FED hike expectations back to June
Jan 15, 2016 07:07 am UTC| Commentary Central Banks
Recent turmoil in global financial market that has already battered stocks and commodities, pushed back hike expectations from FED at least two meetings. Stock faced their worst New Year start led by China, where...
ECB unlikely to take policy action in forthcoming meeting
Jan 15, 2016 06:00 am UTC| Commentary Central Banks
The European Central Banks meeting due next week is unlikely to see any policy action; however, the central bank is under increased pressure to further ease policy in 2016 due to the worsening outlook of inflation. We...
GBP/USD almost flat after BOE’s unchanged monetary policy
Jan 15, 2016 05:40 am UTC| Technicals Central Banks
Pair is just supported above $1.4400 mark and currently trading at $1.4408 levels. Dropping below the $1.44 mark confirmed the bearish bias, with a further decline possible toward $1.42 in the near term. In the...
BoK Interest rate decision: No bias towards policy easing
Jan 15, 2016 01:40 am UTC| Commentary Central Banks
Bank of Korea (BOK) held rates steady at 1.50% yesterday, although revising down the outlook forecasts. BOK trimmed the 2016 GDP forecast to 3.0% from 3.2%, acknowledging the downside risks to growth prospects stemming...
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