May 15, 2017 23:04 pm UTC| Commentary Central Banks
The Chinese central bank, Peoples Bank of China, issued its first quarter Monetary Policy Report last week, which gives a clear signal of the authorities neutral monetary policy stance in the midst of increased worries...
Global Geo-political Series: ECB’s Draghi grilled at Dutch parliament on probable Dutch exit bill
May 11, 2017 07:08 am UTC| Commentary
An interesting debate broke out at the Dutch parliament between the chief of the European Central Bank (ECB) Mario Draghi and the Forum for Democracy leader Thierry Baudet. During the question-answer session after Mr....
ECB’s first deposit rate hike seen in the first half of 2019, says Nordea Markets
May 10, 2017 09:41 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to adopt its first deposit rate hike in the first half of 2019, followed by a very gradual rate normalization of all policy rates. The background picture for the ECB is an...
RBNZ likely to stand pat on policy today
May 10, 2017 06:49 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past two years or so, RBNZ has reduced rates from 3.5 percent to 1.75 percent, which is an all-time low, however, the...
Philippine central bank likely to hike rates in Q3 and Q4
May 08, 2017 22:07 pm UTC| Commentary Central Banks
The current Deputy Governor of the Banko Sentral ng Pilipinas (BSP), Nestor Espenilla Jr., was appointed as the central banks next governor today. The market is expected to see the appointment of a central bank insider to...
ECB unlikely to raise rates this year or next despite Macron’s victory, says Commerzbank
May 08, 2017 06:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected not to raise its benchmark interest rate either this year or next despite the mesmerising victory achieved by Emmanuel Macron at the French election held yesterday. So far,...
May 05, 2017 08:38 am UTC| Commentary Central Banks Economy
The Bank of Englands (BoE) Monetary policy Committee (MPC) is expected to keep policy unchanged at its May meeting, maintaining a neutral policy bias relative to a market path of interest rates that, compared with...