Bank of Canada sees the risks to the financial system as elevated, but stable
Dec 15, 2015 21:28 pm UTC| Commentary Central Banks
The Bank of Canada released its Financial Systems Review (FSR) this morning, in which it highlights risks tied to the Canadian economy and financial system. The Bank judges that Canadian economic conditions have firmed in...
With the Fed rate hike well flagged, "Tone of Conference" will be the key to drive markets
Dec 15, 2015 11:22 am UTC| Insights & Views Central Banks
Markets are nervous heading into the FOMC decision due tomorrow. With the hike in the fed funds rate well flagged, focus is likely to shift from the initial hike to the subsequent path as to be detailed in the statement to...
Riskbank holds rates citing stronger economy
Dec 15, 2015 09:19 am UTC| Commentary Central Banks
Today, Swedens Riskbank kept policy steady and interest rates at -0.35% as economic prospects for future improve. Though it indicated that to safeguard upturn in inflation, monetary policy needs to be very expansionary,...
Fed's rate hike may hit emerging markets
Dec 15, 2015 08:52 am UTC| Commentary Central Banks
The long awaited Fed rate hike will come to end soon as it is set to hike at tomorow meeting. The Fed rate hike will worry the emerging economies. In addition to poor economic outlook, the EMs are having large current...
BI likely to deliver two 25bp rate cuts next year
Dec 15, 2015 07:22 am UTC| Commentary Central Banks
Indonesias trade balance for November posted a small deficit of USD0.3bn as a result of poor performance of export. The non-oil manufactured exports reduced sharply and caused the overall exports to fall by 17.58%. The...
Renminbi series – deliberate devaluation……maybe not
Dec 15, 2015 06:28 am UTC| Commentary Central Banks
Peoples bank of China (PBoC) has devalued Yuan for seventh consecutive day, while the Yuan trades at four year low against Dollar. PBoC has fixed Yuans central parity today, down -0.1% to RMB 6.4995 per Dollar. Onshore...
Fed's second rate hike likely in April, 2016
Dec 15, 2015 06:05 am UTC| Commentary Central Banks
The FOMC meeting on policy decission is scheduled tomorrow. The Fed is expected to hike rate for first time after almost 10 years. Looking forward, analysts foresee a series of rate hikes next two years. Some economic...
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