Copom minutes to show BCB’s assessment of medium term inflation risk
Oct 27, 2015 22:34 pm UTC| Commentary Central Banks
The BCBs decision to leave rate unchanged was widely expected. The bank added a sentence to its short statement (The Copom emphasizes that monetary policy will remain vigilant to achieve this goal) that may arguably be...
Draghi magic still at work in European sovereign bond market
Oct 27, 2015 13:48 pm UTC| Insights & Views Central Banks
European bond markets are continuing their celebration of last weeks comments from European Central Bank (ECB) President Mario Draghi that ECB might be preparing for next round of easing. German securities are back...
New ECB easing big threat for Japan, Nikkei and Yen
Oct 27, 2015 13:09 pm UTC| Insights & Views Central Banks
Further easing from European Central Bank (ECB) is posing new bigger threat to Japanese economy as it would push the competitiveness of European products ahead of Japan. European Central Bank (ECB) is taking a more...
Bank of Russia may keep key rate on hold at next week’s MPC meeting
Oct 27, 2015 12:26 pm UTC| Commentary Central Banks
Inflation indicators have been relatively positive since the last meeting in mid-September, when the CBR held its key rate unchanged after five consecutive cuts since January 2015. Therefore, the Bank of Russia (CBR) is...
Fed's signals on rate hike likely to weigh on gold
Oct 27, 2015 10:14 am UTC| Commentary Central Banks
Gold is trading largely unchanged at around $1,165 per troy ounce in the run-up to tomorrows meeting of the US Federal Reserve. According to figures from the International Monetary Fund, not only China and Russia (see...
GDP figure set to decide Pound’s mood ahead of FOMC
Oct 27, 2015 09:02 am UTC| Insights & Views Central Banks
Today flash estimate of third quarter GDP report from UK to be released at 9:30 GMT. UKs GDP is expected to grow at 0.6% on quarterly basis and 2.4% y/y. Why the GDP figure crucial? Gross domestic product (GDP)...
PBoC's rate corridor at short end
Oct 27, 2015 07:53 am UTC| Commentary Central Banks
The PBoC has several instruments for managing short-term liquidity: bank reserves, open market operations (OMOs), including short-term liquidity operations (SLOs), and standing lending facilities (SLFs). The rates on these...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects