ECB preview: No change this week but euro area QE is here for the long haul
Oct 20, 2015 22:37 pm UTC| Commentary Central Banks
This week ECB is expected to continue sending a dovish message of standing ready to act if needed but, given the insufficient evidence of a sharp slowdown, no policy action is expected. While recent German data wobbles add...
Fed may hike bank rates in 2016 and 2017
Oct 20, 2015 11:15 am UTC| Commentary Central Banks
Investors have markedly shifted their assessment of the likelihood of the Fed hiking rates this year and the extent of tightening in the next two years, as concerns about Chinas growth prospects erupted in early...
MAS reduces SGD NEER policy band slope slightly
Oct 20, 2015 08:03 am UTC| Commentary Central Banks
The Monetary Authority of Singapore (MAS) reduced the slope of its SGD NEER policy band slightly on 14 October - to 1% from our previous assumption of 1.5%. All other policy parameters (width of the policy band, level of...
October ECB bank lending survey, credit standards to ease
Oct 20, 2015 07:27 am UTC| Commentary Central Banks
Euro area banks reported low investment decisions in H1 15, in Q2, the fixed investment contribution on firms demand for credit represented 11pp, whereas the contribution from inventories stands at 10 and the contribution...
ECB members not on brink of announcing further easing
Oct 20, 2015 04:24 am UTC| Commentary Central Banks
The decline in Euro areas headline inflation increases the already high pressure on the ECB and with 5Y5Y market-based inflation expectations trading below 1.6% for the first time since February, it could be that the ECB...
Oct 20, 2015 04:15 am UTC| Commentary Central Banks
The ECB is likely to keep its powder dry at the meeting on Thursday, but to retain a dovish tone and reiterate that it can adjust the size, duration and composition of the QE programme. From a market perspective, the...
Oct 20, 2015 04:05 am UTC| Commentary Central Banks
The PBoC has not offered any headline easing measure since the RRR and interest rate cuts on 25 August, but banks are doing its bidding. Although (private sector) credit demand dropped to a historical low, bank loan...
Germany lowers voting age to 16 for the European elections
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