Kiwi swings as RBNZ keeps rates on hold; signals more easing
Oct 29, 2015 03:03 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand (RBNZ) kept the cash rate on hold at 2.75% on Thursday, citing improved consumer and business confidence after recent dairy price rises, but signalled that further easing remained on the...
Riksbank likely to make policy more accomodative
Oct 29, 2015 03:00 am UTC| Commentary Central Banks
An additional 10bp repo rate cut in December after the ECB policy meeting, but remain of the view that the Riksbank is close to the end of its easing cycle. Given the expectations for a time expansion of ECB QE in...
Riksbank expands QE and signals more
Oct 29, 2015 02:54 am UTC| Commentary Central Banks
The Riksbank kept its repo rate unchanged at -0.35% and decided to expand its QE programme, broadly in line with expectations. Citing considerable global uncertainty and rising expectations that central banks abroad...
Fed and ECB return focus to monetary policy divergences
Oct 29, 2015 02:01 am UTC| Commentary Central Banks
The FOMC statement, yesterday, renewed expectations for a US rate lift-off in December and lifted the USD higher. The Fed removed the reference of global economic and financial developments restraining economic activities...
Global easing bias remains, despite prospect of Fed tightening
Oct 28, 2015 17:22 pm UTC| Commentary Central Banks
While the FOMC meeting will presumably have concluded with no change in policy, economists continue to expect US interest rates to be raised more than the markets anticipate in 2016 and beyond. Nonetheless, this prospect...
Oct 28, 2015 17:15 pm UTC| Commentary Central Banks
The Fed will round up their second day of meetings today as markets heavily anticipate the 2 p.m. press release. Analysts across the spectrum do not expect a rate increase at this meeting, approximating the chances of a...
BoJ slightly more likely to hold but a very close call
Oct 28, 2015 15:20 pm UTC| Commentary Central Banks
The BoJs next Monetary Policy Meeting is on 30 October. The meeting will be a one-day affair, at which the central bank is scheduled to update its semiannual Outlook Report and revise its outlook on the economy and prices....
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects