ECB meeting could trigger a chain reaction across major central banks
Dec 02, 2015 11:26 am UTC| Insights & Views Central Banks
December is turning out to be an interesting month in terms of central banks monetary policy decisions. All eyes are on the much awaited European Central Bank meeting on Thursday, 3rd December which could possibly trigger...
Fundamental evaluation series – Euro and policy divergence
Dec 02, 2015 11:08 am UTC| Commentary Central Banks
Recently there has been some concern over Euro/Dollar trade, while some analysts are pointing out that Euro might take further dip, especially with further easing from European Central Bank (ECB) as early as tomorrow,...
BoC’s likely to hike rates in imminent future
Dec 02, 2015 10:09 am UTC| Commentary Central Banks
Import prices in Canada have increased by 10.3% year on year and export prices by only 1.8%. As a result, terms of trade of the economy are becoming worse. This also leads to an inflationary pressure in the...
National Bank of Poland to stand pat
Dec 02, 2015 09:38 am UTC| Commentary Central Banks
It is broadly expected by market participants that National Bank of Poland would remain on hold today. We expect no change in rate or language from NBP today: we expect further rate cuts in Poland next year, says...
ECB to come up with EUR negative surprise?
Dec 02, 2015 09:26 am UTC| Commentary Central Banks
EUR/USD gained almost a cent yesterday. There is skepticism in the market if ECB would be able to come up with a surprise tomorrow, which is Euro negative. Market participants are expecting the ECB to increase QE in...
US Fed likely to pay more attention to November ISM non-manufacturing index
Dec 02, 2015 06:34 am UTC| Commentary Central Banks
US ISM manufacturing Index dropped to 48.6 in November from that of the previous months 50.1, also lower from the market consensus expectations of 50.5, lowest level since June 2009. Last year, the manufacturing alone...
Fed's rate hike may hit auto market next year
Dec 02, 2015 04:19 am UTC| Commentary Central Banks
Auto sales for November in the U.S. came in line with Octobers result as the seasonally-adjusted annualized rate stood at 18.13 million units. The auto market in the country is performing better. Of the top-selling...
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