BoJ likely on hold, focus on taper amid uncertainties from U.S. policy and Brexit development
Jan 27, 2017 12:18 pm UTC| Insights & Views Central Banks
The Bank of Japan is likely to remain on hold at its first 2-day monetary policy meeting for 2017 scheduled to be held on January 31 amid signs of a more sure-footed economic recovery in Japan. Focus will be on the BOJs...
Jan 26, 2017 12:03 pm UTC| Economy Commentary Central Banks
The Central Bank of Russia (CBR) is expected to hold its first monetary policy meeting for 2017 on Friday, February 3. The central bank is widely expected to maintain its interest rate at 10 percent as the countrys...
Next week’s FOMC policy meet likely to set stage for March rate hike
Jan 26, 2017 09:06 am UTC| Economy Commentary Central Banks
The United States Bureau of Economic Analysis is expected to release its gross domestic product (GDP) for the last quarter of 2016 on Friday by 13:30 GMT. We foresee that if it comes in above 2 percent y/y, could set the...
BoJ likely to hold interest rate steady
Jan 25, 2017 12:18 pm UTC| Insights & Views Central Banks Economy
Japan on Wednesday reported its first annual trade surplus since 2011 Fukushima nuclear disaster. Data released by the Ministry of Finance on Wednesday showed that Japan posted a 4.07 trillion yen ($35.8 billion) annual...
Malaysia's Bank Negara likely to keep policy rate on hold this year
Jan 23, 2017 16:17 pm UTC| Commentary Central Banks
The Bank Negara Malaysia (BNM) held overnight policy rate (OPR) unchanged at 3.00 percent, as it was widely expected at policy meet last week. In the policy statement that followed, Bank Negara noted that the private...
CBT opens $300 mln forex depo auction to shore up lira
Jan 20, 2017 16:39 pm UTC| Commentary Central Banks
Turkeys central bank opened a $300 million forex depo auction with a one-week maturity on Friday, a move bankers have said was effectively a form of a swap transaction and aimed at shoring up the lira currency. Interest...
Too early to discuss ECB tapering, says Benoit Coeure
Jan 20, 2017 15:30 pm UTC| Commentary Central Banks Economy
The European Central Banks executive board member Benoit Coeure speaking on the central banks monetary policy programme at Davos told CNBC that ultra-loose monetary policies will not last forever. However, he added that it...
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