Change to the Turkish Central Bank’s MPC composition seen in mid 2016
Jan 12, 2016 10:38 am UTC| Commentary Central Banks
The Central Bank of Turkeys willingness to tighten its monetary policies in line with rising market volatility is still questionable, as the CBRTs policy meeting could not raise the markets perception of the CBTs...
Sweden’s Riksbank’s move towards FX tools shows signs of economic weakness
Jan 12, 2016 09:47 am UTC| Commentary Central Banks
Riksbank is now concentrating on FX because it is worried that the non-FX tools are not much efficient in raising the credit multiplier and are leading funds towards low yield investments resulting in real estate and...
After week long turmoil, where FED hike probabilities stand?
Jan 12, 2016 08:07 am UTC| Commentary Central Banks
Last week has been record breaking for most of the global stock markets, global stock markets had their worst start to a new year in 2016, denting investor confidence. Turmoil in the market could also affect pricing of...
Bank of France Business Sentiment Indicator to remain flat in December
Jan 12, 2016 06:54 am UTC| Commentary Central Banks
Bank of France business sentiment indicator is expected to be unchanged at 98 in spite of both the manufacturing and services PMIs being revised downwards from their flash estimates. Services PMI fell to an 11-month low...
Highlights of the day: Carney and Kuroda speech
Jan 12, 2016 05:15 am UTC| Commentary Central Banks
In the start of the New Year, Canadian dollar touched new multi year low against US dollar. Currently pair is supported above 1.4200 levels and trading at 1.4233 levels. Likewise Canadian dollar, UK pound also...
PBoC will likely further stabilize CNY fixings in the coming weeks
Jan 11, 2016 12:27 pm UTC| Insights & Views Central Banks
EM local markets, especially currencies, as well as EM credit spreads are under pressure following renewed volatility in China and escalation of tensions in the Middle East. Almost all EM currencies are falling...
Riksbank rate cut likely in H1 2016
Jan 11, 2016 04:57 am UTC| Commentary Central Banks
Currently SEK is slightly stronger than the Riksbanks forecast. This is the main reason that FX intervention is expecting to bolster the rise in Inflation. There are two possibilities that Riksbank may undertake....
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