FED liftoff series – Rise of C-Dollar
Dec 16, 2015 10:45 am UTC| Commentary Central Banks
D-day is finally here, last FOMC meeting of the year, decision today, in which FED is widely expected to increase rates from zero bound by a hike of 25 basis points, almost a decade after last one. The decision would be...
Fed to maintain hawkish tone, declining oil prices to slow rate hikes ahead
Dec 16, 2015 09:39 am UTC| Central Banks
The markets seem to be eagerly waiting for the Feds rate hike on Wednesday. But there is still debate going on whether Central bank will hold the rate hike for a while which has already exceeded nine years. In 2014 Fed...
Bank of Thailand likely to keep rates unchanged through 2016
Dec 16, 2015 08:45 am UTC| Commentary Central Banks
Bank of Thailand stood pat in its policy rate at 1.50%, consistent with consensus expectations. This was a unanimous decision, indicating that MPC does not see any risks that needs imminent monetary easing. Todays...
RBA Governor: Blockchain Is Actually The Bit About Bitcoin That Was, The Really Clever Bit
Dec 16, 2015 08:05 am UTC| Digital Currency Central Banks
The blockchain technology that powers bitcoin is already creating waves in the financial sector. The decentralized public ledger has great potential to disrupt the banking system. Major financial institution are entering...
Unemployment report to set mood for Pound heading into FOMC
Dec 16, 2015 08:04 am UTC| Commentary Central Banks
Since Bank of England (BOE) published its inflation report, suggesting no hike required from BOE in 2016, to keep inflation in check, pound has been struggling. After last weeks dovish monetary policy statement, its even...
Argentina likely to devalue ARS up to 35pct
Dec 16, 2015 08:04 am UTC| Commentary Central Banks
The central bank of Argentina is planning to devalue ARS this week. This will encourage the commodities sellers, and thereby the country will able to increase foreign reserve, which is scared at present. The BCRA is...
Czech Republic's unexpectedly low inflation likely to lead to no policy reaction from CNB
Dec 16, 2015 07:39 am UTC| Commentary Central Banks Economy
Czech National Banks repurchase rate is currently at 0.05%, while the market participants expect it to be kept steady in its upcoming meeting at 0.05%. CNB is not set to take any action regarding its monetary policy 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