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...

The Fed’s LMCI rises on strong October payrolls

Nov 09, 2015 15:46 pm UTC| Commentary Central Banks

The Federal Reserves Labor Market Conditions Index (LMCI) rose 1.6pts in October, mirroring the US labor market strength evident in last Fridays October employment report. Monthly estimates for Q3 were revised up by a...

CNB to revise EUR/CZK floor

Nov 09, 2015 07:58 am UTC| Commentary Central Banks

Recently, CNB has revised its inflation projection path lower through 2016, and while the CNB still forecasts inflation to reach the 2% target at the end of its forecast horizon, this does not seem like genuine...

Bank of France October business sentiment to perform well

Nov 09, 2015 04:45 am UTC| Commentary Central Banks

Business sentiment indicator of the Frances central bank is likely to release today. The French flash services PMI figure was revised upwards from 52.3 to 52.7 last week. The business sentiment indicator of the central...