Further loosening from RBI very likely lies ahead: Capital Economics
Mar 04, 2015 19:45 pm UTC| Commentary
Quotes from Capital Economics:- The Reserve Bank of Indias decision to cut both its repo and reverse repo rates by 25bp on Wednesday, to 7.50% and 6.50% respectively, was unscheduled but not entirely a surprise.- Indeed,...
Brazil c.bank to increase Selic rate by another 50bp: Capital Economics
Mar 04, 2015 19:36 pm UTC| Commentary
Quotes from Capital Economics:- It will be a close call, but a further sharp rise in Brazils inflation in the first half of February has tipped the balance towards another 50bp increase in the Selic rate.- But we dont...
Malaysian central bank looks set to keep policy rate on hold: Capital Economics
Mar 04, 2015 19:27 pm UTC| Commentary
Quotes from Capital Economics:- Malaysian central bank (BNM) looks set to keep its policy rate on hold at its meeting (10.00 GMT).- Although headline consumer price inflation dropped back sharply in January, it is likely...
Australia’s growth to slow to just 1.8% this year: Capital Economics
Mar 04, 2015 19:18 pm UTC| Commentary
Quotes from Capital Economics:- Australias economy picked up less than expected in Q4, by a seasonally-adjusted 0.5% q/q, up from 0.4% in the previous quarter. In annual terms, the economy expanded by 2.5%.- Worse is...
BoC to remain on hold at 0.75% for the remainder of the year: Rabobank
Mar 04, 2015 19:10 pm UTC| Commentary
Quotes from Rabobank:- Today, the Bank of Canada kept its target for the overnight rate at 0.75%. The economy is evolving as the Bank had anticipated at the time of the surprise rate cut in January and financial conditions...
BTP/SPGB spread will remain tight over the coming months: UniCredit
Mar 04, 2015 18:53 pm UTC| Commentary
Quotes from UniCredit Research:- The 10Y yield spread between Italian and Spanish bonds has tightened to virtually flat levels, the narrowest since April 2014, from over 30bp in December 2014.- Political woes in Spain,...
Mar 04, 2015 18:39 pm UTC| Commentary
Quotes from Western Union:- Another solid reading on the U.S. labor market kept the greenback camped near 11-year peaks against a currency basket.- ADP employment rose 212,000 in February, a bit lower than forecasts of...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects