Big communication task for FOMC today
Oct 28, 2015 11:38 am UTC| Insights & Views Central Banks
US Federal Open Market Committee (FOMC) has big tasks in their hand today to communicate the market well enough about their current stance and plan of action ahead. With no press conference scheduled for later, it is no...

Oct 28, 2015 11:33 am UTC| Insights & Views
Last week EIA reported crude oil inventory at 8.0M which was a rise from previous 7.6M, as a result crude prices began dropping which in turn led to NOKs losses. This depreciation in NOK in H2 2014 has underpinned...

Japan's industrial production to offer cues on BOJ stimulus
Oct 28, 2015 11:22 am UTC| Insights & Views Central Banks Economy
Japans industrial production data is due for release on Oct 29, Thursday, a day before BOJ policy meeting, at which the c.bank mulls further stimulus. The production data is of great significance as a gauge on whether the...
Markets price-in 90% probability of RBA rate cut next week
Oct 28, 2015 10:43 am UTC| Insights & Views Central Banks
Todays weaker than expected inflation numbers has led to skyrocketing expectation of a rate cut by Reserve Bank of Australia (RBA) next week, when the bank is set to meet to announce decision on November 3rd. In...

Riksbank fires another round of QE bullet, Krona still strong
Oct 28, 2015 09:55 am UTC| Insights & Views Central Banks
Swedens Riksbankhas kept the interest rates steady, while firing another round of quantitative easing. Interest rate was kept at -0.35%, while increasing its asset purchase program by SEK 65 billion. Citing...

Refugee crisis dents German consumer confidence
Oct 28, 2015 09:04 am UTC| Insights & Views
Refugee crisis seem to be having much greater impact on consumer psyche and most fearing that current crisis will deepen economic problems in Europes largest nation. So far this year hundreds of thousands of refugee...

Inflation surprises to three-year low in Australia
Oct 28, 2015 08:22 am UTC| Insights & Views
Market participants and economists were taken by surprise as Reserve Bank of Australias (RBA) preferred measure of inflation dipped to three year low in third quarter. CPI rose by 0.5% in third quarter compared to...