BoK likely to deliver another 25 bp rate cut in Q1 16
Dec 02, 2015 04:16 am UTC| Commentary Central Banks
Korean governments increased efforts to recycle Koreas current account surplus is in line with the focus on engineering a weak KRW bias will continue. The broader trend stays steady, marked by slow inventory clearance and...
RBI on hold, along expectations
Dec 02, 2015 02:51 am UTC| Commentary Central Banks
The Reserve Bank of India (RBI) policy review yesterday was largely a nonevent. The benchmark Repo rate was left unchanged at 6.75%, along with steady reserve ratios. Inflation estimate for Jan-Mar16 was maintained at 5.8%...
Taiwan central bank to cut policy rates again, possibly by another 12.5bp in December
Dec 01, 2015 23:31 pm UTC| Commentary Central Banks
Regarding monetary policy, oya GDP growth, which attract most attention from policymakers and the public, is expected remain negative in 4Q15 and 1Q16. Indeed, even the governments forecast of 1.06%oya for full-year 2015...
ECB to ease on multiple fronts
Dec 01, 2015 22:31 pm UTC| Commentary Central Banks
Recent Euro area data have been stronger than expected, suggesting some upside to the near-term growth trajectory. Expectations run high that the ECB will implement broad-based easing. Rather than a fine-tuning step the...
SNB should act more than anybody
Dec 01, 2015 15:03 pm UTC| Commentary Central Banks
Swiss National Bank (SNB) can be called as the top most conservative central bank in the modern world and probably the most away from mandate. Price stability is the key objective of Swiss National Bank (SNB), which...
Unemployment shows why ECB can do more
Dec 01, 2015 13:00 pm UTC| Commentary Central Banks
Euro zone unemployment rate dropped to 10.7% in October from 11% two month back. We at FxWirePro, have been arguing for further ECB action for quite some time, hints of which finally came at last meeting and action is...
ECB hawks to debate tough with PMI on their side
Dec 01, 2015 10:43 am UTC| Commentary Central Banks
Hawks at European Central Bank (ECB) likely to give tough time to doves at this weeks policy meeting, since improved economic data likely to strengthen their arguments. Latest data shows, that inflation has stopped...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight