China devaluing RMB- An inaccurate assessment?
Dec 22, 2015 07:23 am UTC| Commentary Central Banks
RMB was finally included in SDR, which was symbolic and political acheivement in Chinas long approach towards internationalising the RMB. Since the decision, CNH is worst performer in Asian currencies, with CNY not too far...
RBNZ unlikely to cut rates and threaten NZD lower in short term
Dec 22, 2015 06:01 am UTC| Commentary Central Banks
New Zealand Dollar continues to trade well, in trade weighted terms at a six month high. Reserve Bank of New Zealand may have cut rates early in December but hinted that the easing cycle may be closed, and turned to what...
BoC likely to begin tightening monetary policy in Q4 2016
Dec 22, 2015 05:08 am UTC| Commentary Central Banks
As the year progresses, a pullback is likely in USD/CAD, on an expected stabilization after rebounce in crude oil prices, better performance in non resource sector. Benefits of a weak CAD are likely to present a boost...
BoJ tweaks policy as growth firms
Dec 21, 2015 23:54 pm UTC| Commentary Central Banks
The recent data flow from Japan on balance has been encouraging. Reports indicate that business expansion has strengthened and broadened, spanning from the labor market to capex. This weeks BoJ Tankan reinforced this...
BoE to follow Fed but not in a hurry
Dec 21, 2015 23:18 pm UTC| Commentary Central Banks
The Bank of England is expected to follow the Fed in coming months, launching a rate cycle before midyear. The UK labor market continued to strengthen this week, with a strong gain in jobs and another drop in the...
Poland's NBP may cut policy rate by 75bps next year
Dec 21, 2015 13:03 pm UTC| Commentary Central Banks
Polands net inflation for November released last week remained at 0.2 percent year on year. The CPI inflation rate is expected to enter negative territory in December. The economy is expected to remain in deflation of...
BCB likely to hold rate unchanged at next meeting
Dec 21, 2015 12:44 pm UTC| Commentary Central Banks
The Brazilian economy mired in recession further in Q3, as the growth rate contracted by 6.18% in Q3. Being worried for recession, the Brazilian central bank increased rate seven times in last nine month through July....
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight