BoK already flagged a significant pickup in GDP fuelled by domestic demand
Oct 20, 2015 00:58 am UTC| Commentary Central Banks
The Bank of Korea (BoK) Governor Lee disclosed a flash estimate of 1.1% qoq for Q3 2015 GDP growth at the recent IMF conference in Lima, which was echoed by President Park. Finance Minister Choi too has emphasized a recent...
Mexico's inflation slips further on food prices even as core inflation strengthens
Oct 20, 2015 00:22 am UTC| Commentary Economy Central Banks
Mexicos inflation slipped below 3.0% (Banxicos target) in May for the first time in a decade and continued to fall since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell. Core...
Oct 19, 2015 14:50 pm UTC| Commentary Central Banks
Economists expect the ECB 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,...
BoJ may opt for further easing
Oct 19, 2015 12:08 pm UTC| Commentary Central Banks
In terms of the CPI outlook, the BoJ might continue to argue that inflation expectations remain anchored and that the current weakness is a transient phenomenon linked to energy prices, which will ultimately underpin...
ECB deposit rate cut by year-end cannot be ruled out
Oct 19, 2015 09:44 am UTC| Insights & Views Central Banks
Deflation and rampant unemployment, coupled with dropping manufacturing data signal that the eurozone is not in the best of health. This has significantly raised expectations for additional ECB stimulus, making this weeks...
ECB takes centre stage this week as markets anticipate further monetary easing
Oct 18, 2015 23:21 pm UTC| Commentary Central Banks
The ECB will take centre stage this week as markets anticipate further monetary easing in the months ahead. More monetary easing is expected before year-end. It is believed that the details and magnitude matter for the...
NJA: Weak China data expected; potential ECB easing could lift USD/Asia again
Oct 18, 2015 22:12 pm UTC| Commentary Central Banks
The USD/Asia retracement has extended this week, with soft US data further pushing back market expectations of Fed rate hike. Moreover, a less aggressive easing by the MAS (relative to market expectations) and an unchanged...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects