Norges Bank likely to remain on hold in December
Dec 11, 2015 07:06 am UTC| Commentary Central Banks
Core inflation of Norway surprised the market on upside in November as it is increased by 3.1%. The Norges Bank was expecting the figure at 2.96%. The higher than expected inflation is the result of increase in year on...
Checking on FED rate hike probabilities
Dec 11, 2015 06:13 am UTC| Commentary Central Banks
US Federal Reserve will be meeting on December 15th-16th, to decide on whether to hike rates or not. Market pricing of rate hike has somewhat softened after reaching as high as 84%. However hike expectations over next year...
BoE may hike bank rates in Q2 2016
Dec 11, 2015 05:49 am UTC| Commentary Central Banks
The MPC left the bank rate unchanged at 0.50% and stocks of purchased assets at GBP375bn. Ian McCafferty, member of MPC voted in favor of increasing the Bank Rate by 25bp immediately, hence, the vote was 1-8 in favor of...
ECB's move marks an end of the easing?
Dec 11, 2015 05:35 am UTC| Commentary Central Banks
The European Central Bank delivered a 10 bp rate cut in its monetary policy meeting in December, along with amenu of easing, which was disappointment to the markets. This move from the ECB marked the end of easing,...
A ‘hockey stick’ hiking cycle likely from Fed over next two years
Dec 11, 2015 05:19 am UTC| Commentary Central Banks
US Federal Reserve is likely to start monetary policy tightening in its upcoming meeting in December 2015, and therefore the central bank will have continued market attention in next year as well, as market would be...
Buybacks and acquisitions to support U.S. equities in 2016
Dec 11, 2015 05:18 am UTC| Commentary Central Banks
Since US Federal Reserve reduced interest rates to zero level and purchased assets, worth $4 trillion, US corporations have taken up strategies of buy backs, higher dividends and debt fuelled mergers and acquisition to...
Dec 10, 2015 19:32 pm UTC| Commentary Central Banks
The Swiss National Bank (SNB) left policy rates unchanged, no surprise. It expects a weaker CHF over time, something that is also needed to support growth and to bring inflation closer to target. More easing from the ECB...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects