FxWirePro: Umpteen reasons as to why sterling to remain weaker by Christmas regardless of UK referendum outcomes

Jun 21, 2016 09:28 am UTC| Central Banks Commentary

Less than two days before the referendum on UK membership of the EU leaves us even more hostage to fortune than usual, but we expect to see sterling lower by the end of 2016, regardless of the outcome. The UK economy...

CBRT seen easing monetary policy

Jun 21, 2016 07:10 am UTC| Commentary Central Banks

The Central Bank of the Republic of Turkey (CBRT) is expected to further ease the monetary policy stance during its MPC meeting on Tuesday, said Societe Generale in a research report. The AKP politicians have given...

BoJ April meeting minutes showcase economic worries, overseas risks

Jun 21, 2016 06:32 am UTC| Commentary Central Banks Economy

The Bank of Japans minutes of the April meeting, released Tuesday showcased that some members are worried over the Japanese economy and believe that overseas economies continue to pose downside risks to Japans economy and...

Bank of Thailand likely to maintain policy rate at 1.5 pct

Jun 21, 2016 06:13 am UTC| Commentary Central Banks

Bank of Thailand (BoT)is likely to keep its policy rate on hold at 1.5 percent on Wednesday as easing of the policy might give limited help to the Thai economy and inflation, said Scotiabank in a research report. According...

RBA meeting minutes suggest only mild easing bias; August rate cut a close call

Jun 21, 2016 05:38 am UTC| Commentary Central Banks

The Reserve Bank of Australia released its June meeting minutes that provided the same message that the bank delivered in its post-meeting statement. It implied a slight easing bias. Indeed, the strong economic activity...

Norges Bank likely to maintain interest rate at 0.5 pct and to keep strong easing bias

Jun 20, 2016 13:09 pm UTC| Commentary Central Banks

In its upcoming meeting, the Norges Bank is likely to keep its rates on hold at 0.5 percent and is expected to repeat the strong easing bias from its earlier meetings, said Danske Bank in a research report. The rate path...

BoJ’s Kuroda admits failure in meeting inflation target in 2 years

Jun 20, 2016 13:03 pm UTC| Central Banks Economy Commentary

The Bank of Japan Governor Kuroda has, for the first time, admitted that the central bank has failed in its attempts to reach the inflation target of twopercent in a two-year framework, underscoring the challenges of...