Key commentaries from ECB chief Draghi
Feb 07, 2017 11:39 am UTC| Commentary Central Banks
European Central Bank (ECB) chief Mario Draghi addressing an MEP hearing in Brussels said, The ECB stands ready to expand its quantitative easing program in the face of low inflation. The ECB President shrugged off...
Bank Indonesia likely to remain on hold throughout this year, says ANZ
Feb 06, 2017 06:32 am UTC| Commentary Economy Central Banks
The Bank Indonesia (BI) is expected to remain on hold throughout this year, closely peering through the rise in the countrys inflation. Higher anticipated GDP growth (2017 forecast of 5.4 percent versus 2016 forecast of...
PBoC hikes short-term market interest rates, may adopt flexible interest rate regime in 2017
Feb 03, 2017 07:25 am UTC| Commentary Central Banks
The Peoples Bank of China raised short-term market interest rates today. It repriced the short-term funding costs by hiking the 7-day reverse repo rate by 10 basis points from 2.25 percent to 2.35 percent. This move by the...
Feb 03, 2017 06:42 am UTC| Commentary Central Banks
Denmarks central bank has not intervened in the currency market in the month of January. The FX reservesThe Danish krone is trading a bit weaker; however, it is still at strong level against the euro. The Danish central...
Feb 02, 2017 12:22 pm UTC| Commentary Central Banks
In Novembers Monetary Policy Statement, the New Zealand central bank shifted to a more neutral stance. The Reserve Bank of New Zealand cut the cash rate in November to a new record low of 1.75 percent. The central bank had...
Another ‘Super Thursday’ from Bank of England
Feb 02, 2017 10:32 am UTC| Commentary Central Banks
Super Thursday is back. …………… thanks to Bank of Englands (BOE), mega releases and events. Today Bank of England (BOE) will announce its regular monetary policy along with minutes. What...
Central Bank of Russia likely to keep interest rate on hold in February, may cut in March
Feb 02, 2017 09:43 am UTC| Commentary Central Banks
The Central Bank of Russia is expected to keep the key interest rate on hold at 10 percent during its meeting on Friday despite the growth momentum being negative and inflation decelerating, noted Nordea Bank in a research...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects