Aug 19, 2015 07:02 am UTC| Commentary Central Banks
As expected yesterday CBRT kept all rates on hold. Ahead of potential changes to the overall monetary policy mix, it made little sense to engage in a tightening of monetary policy. The announced changes in the Road Map...
Euro benefits from China weakness
Aug 19, 2015 06:55 am UTC| Commentary
Market participants should keep in mind that weak growth in China might affect monetary policy not only in the US, but also in Europe. The euro is currently benefiting from bad news from China (such as this mornings...
BOE's monetary policy to be impacted by inflation?
Aug 19, 2015 06:53 am UTC| Commentary Central Banks
The Bank of England (BoE) has credibly communicated to the markets that rates will not be hiked until a steady uptrend in inflation has emerged. In the short run, however, inflation is likely to have a less direct...
US Inflation influences Fed's monetary policy?
Aug 19, 2015 06:52 am UTC| Commentary
Will the US consumer price inflation figures for July support the dollar today, just like the British data propped up the pound sterling yesterday? A similar surprise as yesterday, the core rate came in at 1.2%...
First Fed funds rate hike likely in September
Aug 19, 2015 06:47 am UTC| Commentary
U.S. CPI data for July and minutes of FOMC meeting are macro highlights today. The Core CPI inflation has shown signs of bottoming lately and another solid print is expected. A 0.2% m/m increase is anticipated which...
Needs for more policy easing in China increasing
Aug 19, 2015 06:41 am UTC| Commentary
There are needs for more policy easing in China increasing given liquidity drain and downside risks to growth Looking ahead, the slowdown in growth, if continued, will add more pressure to the CNY depreciation. An...
UK CPI inflation may remain below MPC target
Aug 19, 2015 06:18 am UTC| Commentary
The small rise in UK CPI inflation (released on Tuesday) from 0% to 0.1% in July merely reflected the slightly earlier conclusion of summer discounting of clothing this year compared to last and so has little bearing on...
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