BoE's surprisingly dovish 'Super Thursday'
Nov 06, 2015 05:12 am UTC| Commentary Central Banks
Bank of England indicated that it is not in hurry to raise the rates till 2016, seems like UKs interest rates are set to remain at their lowest levels comfortably till next year. The bank was unexpectedly dovish in...
Russia's monthly inflation rate likely to reach 0.6%
Nov 06, 2015 05:10 am UTC| Commentary
In Russia, the inflation rate recorded 15.6% year on year, which was 15.7% in September. The annual rate of inflation of the economy is about to enter a five-month period during which it will plummet rapidly due to base...
Weak MYR likely to prevent BNM from further tightening till 2016
Nov 06, 2015 04:50 am UTC| Commentary
MYR has been the least performing Emerging market currency for the past one year, its alue kept depreciating against USD. Several uncertainities like Chinas slowdown, degrading in the ratings, commodity price slippage hit...
BoE keeps policy stance unchanged
Nov 06, 2015 04:47 am UTC| Commentary Central Banks
The Bank of England held its policy stance unchanged and the balance of voting remained at 8 to 1 in favour of the status quo, as expected. The minutes of the meeting indicates the members are confident that the poor...
BNM remains dovish, besides being on hold
Nov 06, 2015 04:24 am UTC| Commentary
Bank Negara Malaysia sees the countrys positve growth in financial intermedation and in financing. This leads the bank to be comfortable with the conditions, however, when compared to the previous statement , there were...
Gold price slippage after Yellen's speech
Nov 06, 2015 04:13 am UTC| Commentary
Gold was near a 1-month low yesterday and looked likely to slip below the $1,100-an-ounce level after Feds Yellen bolstered market expectations on a U.S. interest rate hike in December. Spot gold went up 0.2 pct to...
December OPEC meeting to discuss on oil price setting strategy
Nov 06, 2015 03:32 am UTC| Commentary
OPEC production rates are anticipated to come down till 2019 by an internal OPEC report when more marked decline is not seen in non-OPEC production. In order to drive the aniticipations on OPEC, nevertheless it would need...
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