ECB likely to extend its QE program beyond September 2016

Oct 15, 2015 07:47 am UTC| Commentary Central Banks

The ECB remains under pressure to deliver more easing. The ECB is expected to extend its QE programme beyond September 2016, says Nordea Bank in a research report to its client. The ECBs dovish bias and forward guidance...

BOK cuts growth and inflation forecast, holds policy steady

Oct 15, 2015 07:47 am UTC| Insights & Views Central Banks

Since late September, perception has taken a dramatic shift towards South Korean Won (KRW), which has now appreciated close to 7% from its September peak. Similarly countrys benchmark stock index KOSPI future rose sharply...

RBA not out of the woods yet

Oct 15, 2015 06:51 am UTC| Commentary Central Banks

It still seemed clear in the RBAs last statement that it would not cut rates again todays labour market report for September questions this impression. The only reason why the loss of almost 14k full time positions did not...

US Fed's dove camp

Oct 15, 2015 06:49 am UTC| Commentary Central Banks

Over the past few weeks the majority of the 17 FOMC members finally seemed to have agreed that a rate hike would be necessary before year-end. That was also the general tenor of the last minutes. As a result of the...

FxWirePro: USD/KRW hits fresh multi-month lows post BoK, good to sell rallies

Oct 15, 2015 06:46 am UTC| Technicals Central Banks

The South Korean won and shares sharply rose on Thursday morning after the bank of Korea kept rates steady. BoK kept its policy rates steady at a record low of 1.50 percent early in the session, as widely...

Riksbank likely to move in a more hawkish direction next year

Oct 15, 2015 05:23 am UTC| Commentary Central Banks

The Riksbank is keeping the door to further easing wide open, and will continue to do so at least throughout the rest of this year. Riksbank is too optimistic both on inflation and on global developments, which is why...

Banxico's policy meetings likely after FOMC meetings

Oct 15, 2015 04:14 am UTC| Commentary Central Banks

Banxicos policy meetings have been aligned to come 1-2 days after the FOMC meetings. Banxico will not be far away from raising rates once the Fed starts hiking. We have four rate hikes in our forecast for 2016 - the...