Nov 23, 2015 11:06 am UTC| Technicals Central Banks
The fact that the Fed is looking to hike rates in the same month that the ECB is preparing to increase its stimulus could suggest opening of the floodgates for another drop in the value of EUR/USD. ECB President Mario...
Watch out for FED’s mysterious closed door meeting today
Nov 23, 2015 10:34 am UTC| Insights & Views Central Banks
US Federal Reserve all out of the blue announced a closed door meeting under expedited procedure at boards office in Washington to be held today at 11:30 am Eastern Standard Time (EST). No major details are provided...
ECB policy decision: Patience till December
Nov 22, 2015 22:21 pm UTC| Commentary Central Banks
EURUSD is expected to remain relatively choppy as we approach the December ECB event risk and see any squeeze higher as an opportunity to re-initiate short EURUSD positions ahead of the meeting. Indeed, the ECB further...
Counting the days to the December Fed hike
Nov 22, 2015 12:41 pm UTC| Commentary Central Banks
With less than a month away from Federal Reserves December meeting where the FOMC will decide whether or not to start the first tightening cycle in more than a decade. Putting that into perspective, it will potentially be...
ECB on track to loosen policy at December meeting
Nov 20, 2015 17:30 pm UTC| Commentary Central Banks
Since President Draghis 22nd October announcement that an easing of monetary policy would be considered at the ECBs December meeting, which is now less than two weeks away, indicators of euro area financial conditions have...
PBoC lowers SLF rates in move to build a new policy framework
Nov 20, 2015 15:37 pm UTC| Commentary Central Banks
The PBoC cut its overnight and 7d SLF rates in a move to anchor market interest rate expectations ahead of the resumption of IPOs next week. The central bank announced yesterday that it would lower the rate charged by its...
Swiss trade balance not suffice to restrain USD/CHF rallies but SNB lined up for rate cut
Nov 20, 2015 13:42 pm UTC| Technicals Central Banks
Switzerland has posted upbeat trade balance numbers for this month at 4.13B which is a way beyond 3.25B and forecasts at 3.18B. Swiss National Bank left monetary policy unchanged last meeting, the SNB had left the...
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
The Mattei Plan: why Giorgia Meloni is looking to Africa
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