ECB's deposit rate cut likely in December
Nov 19, 2015 06:04 am UTC| Commentary Central Banks
The ECB meeting in October was quite dovish, as a result, a sharp decline in the EUR/USD is observed. Particularly, the Governing Council re-inserted the likelihood of cutting the deposit rate into the ECBs toolbox. The...
FOMC minutes: Outdated due to the strong jobs report, December hike seems very likely
Nov 19, 2015 00:41 am UTC| Commentary Central Banks
The minutes of the 27-28 October FOMC meeting were more or less as expected and thus the market reaction was limited. Due to the very strong jobs report for October a December hike is more or less a done deal and thus the...
October FOMC minutes: December stays in sight
Nov 18, 2015 23:29 pm UTC| Commentary Central Banks
The October FOMC minutes covered a wide-range of views among the Committee, with arguably a few more dovish comments than the market anticipated. Nonetheless, most Fed officials thought the conditions to hike could well be...
ECB’s account of the monetary policy meeting
Nov 18, 2015 21:27 pm UTC| Commentary Central Banks
The October ECB meeting was more dovish than expected, resulting in a sharp decline in the EUR/USD. Specifically, the Governing Council re-inserted the possibility of cutting the deposit rate into the ECBs toolbox and...
Fed likely to move in December - FOMC minutes review
Nov 18, 2015 20:28 pm UTC| Commentary Central Banks
The minutes of the 27-28 October FOMC meeting suggest that a December rate hike remains rather likely. Thus most members of the committee said at the meeting that conditions for a rate hike could well be met by...
FOMC to sound tough but promise restraint
Nov 18, 2015 18:30 pm UTC| Commentary Central Banks
Markets have mostly drifted, but German Bund yields and the euro both drifted lower. Theres a shortage of meaningful news to drive markets anywhere much, but the euro downtrend continues. For sure, its a pretty crowded...
South African economy needs rate cut
Nov 18, 2015 13:06 pm UTC| Commentary Economy Central Banks
The South African Reserve Banks rate decision is likely to announce this week. On the one hand, the economy needs a monetary policy easing in order to accelerate the growth rate, but the central bank is under...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects