U.S. doves appear to be ready to fly in December

Nov 10, 2015 16:42 pm UTC| Commentary Central Banks

Recent comments and speeches from FOMC members suggest that the doves are ready to fly as well, as they seem to support - or at least accept - the first Fed hike since 2006 at the next FOMC meeting in December. During the...

High inflation standing in Norges Bank's way

Nov 10, 2015 13:08 pm UTC| Commentary Central Banks

The underlying inflation rate in Norway currently stands at 3.1%. The Norges Bank believes the krone that is weaker than it had expected is mainly responsible for the development. The currency is highly volatile...

Riksbank warns on readiness to intervene in FX market

Nov 10, 2015 10:12 am UTC| Insights & Views Central Banks

Riksbank just issued a blunt warning to traders and investors, who according to the bank, is not paying attention or taking Riksbanks commitment seriously, saying that it wouldnt hesitate to intervene in the FX market if...

Another disappointment for BOJ – weaker current account surplus

Nov 10, 2015 09:25 am UTC| Insights & Views Central Banks

Weaker Yen had its days and as of now its simply losing its charm. Japan had a major Yen advantage, when Bank of Japan introduced record monetary easing back in 2012, however over the years as other central banks ease...

PBoC likely to cut rate further

Nov 10, 2015 09:25 am UTC| Commentary Central Banks

In China, PPI inflation posted negative growth rate of -5.9% yoy in October, which is straight contraction for 44 months. The producer goods index increased slightly to -7.6% from -7.7% previously. Similarly, the CPI...

Fed’s LMCI hints solid recovery in US labor market

Nov 10, 2015 04:57 am UTC| Commentary Central Banks

The Federal Reserves Labor Market Conditions Index (LMCI) increased by 1.6pts in October. The figure supports the last weeks U.S. labor market data. The strong of monthly estimates force to revise the quarterly...

Bank of England adopts more dovish tone

Nov 09, 2015 23:50 pm UTC| Commentary Central Banks

Bank of England adopts more dovish tone. In contrast to recent Fed pronouncements, the Super Thursday output from the MPC, in particular the November Inflation Report, struck a decidedly more dovish tone over the near term...