ECB chief sounds dovish ahead of today’s GDP report
Nov 13, 2015 02:49 am UTC| Commentary Central Banks
There has been much focus on the rhetoric out of the US Fed and European Central Bank (ECB) to reaffirm the underlying monetary divergence theme. At last evenings European Parliaments Economic and Monetary Affairs...
Fed versus ECB in December: lift-off versus easing
Nov 12, 2015 23:47 pm UTC| Commentary Central Banks
Recent testimony by Chair Yellen regarding the Feds confidence in the economys performance, coupled with the robust consumption-related data in recent weeks (including the sharp rebound in October employment), make a...
Swedish inflation on track, in line with Riksbank’s view
Nov 12, 2015 16:50 pm UTC| Commentary Central Banks
Inflation for October came out very much as expected. The CPI rose by 0.1% on the month, in line with forecasts. CPIF stood at 1.1% y/y, a tad higher than we had expected (1.0%) but in line with consensus and the Riksbanks...
Big day for FED watchers and Dollar with six members scheduled to speak today
Nov 12, 2015 13:48 pm UTC| Insights & Views Central Banks
Big day for all the FED watchers as six members are scheduled to speak today. Views of individual members would be weighed by the market to assess the probability of their votes for a rate hike in FEDs December...
Can RBA completely rely on Fed's help?
Nov 12, 2015 11:24 am UTC| Commentary Central Banks
AUD/USD performance after the US labor market data is likely pleasing the Reserve Bank of Australia. However, its plans are not working completely. There are reasons to be positive that Federal Reserve doing some of...
Euro zone industrial production weakness provides reasons for ECB to ease further
Nov 12, 2015 11:22 am UTC| Insights & Views Central Banks
As reported by Eurostat, Euro zone industrial production is down -0.3% in September, compared to August 2015. In August, industrial production was down by -0.4%. However compared to a year ago, industrial production is...
Draghi reminds of central bank’s readiness to act
Nov 12, 2015 09:59 am UTC| Insights & Views Central Banks
European Central Bank (ECB) president Mario Draghi, speaking in Brussels, once again reminded the market that ECB is unlikely to sit by, instead stands ready to act to push inflation higher. Comments can be said to be...
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