Bangko Sentral ng Pilipinas likely to raise policy rate in 2H16
Feb 11, 2016 03:03 am UTC| Commentary Central Banks
The Bangko Sentral ng Pilipinas (BSP) is not in a rush to tweak its monetary policy, especially with the imminent implementation of the new rate corridor. There has been some chatter about the BSP introducing new...
Upside risks for additional tightening from BCB
Feb 10, 2016 15:57 pm UTC| Commentary Central Banks
Brazil inflation is highly unlikely to converge on BCB target in 2017 unless we see sharp BRL appreciation, which appears highly unlikely. January inflation data came in at 10.71% y/y as against Decembers 10.67% y/y, above...
Banxico unlikely to respond with immediate policy change over the coming months
Feb 10, 2016 15:07 pm UTC| Commentary Central Banks
Data released on Tuesday showed that Mexicos CPI print for January came in at 2.61% y/y, slightly above expectations of 2.52%. The peso however was unable to benefit from the data and continued to trade at record lows...
ECB, BoJ likely to weaken currency further
Feb 10, 2016 10:23 am UTC| Commentary Central Banks
Investors are driven towards safe haven assets as stock markets continue to slump, with oil price hovering towards its lows. The EUR and the JPY are seen benefiting amid global growth turbulence.EUR/USD touched a three...

Will Fed follow ECB, BOJ to negative territory?
Feb 09, 2016 07:33 am UTC| Commentary Central Banks
Several analysts point out that there is a possibility growing that FED might follow European Central Bank (ECB) and Bank of Japan (BOJ) policymakers in introducing negative rates on excess reserve. Their argument is that...

Feb 09, 2016 07:02 am UTC| Technicals Central Banks
We look ahead for the Riksbank easing monetary policy further at its Thursday meeting, lowering its repo rate by 10bp, to -0.45% vs consensus: 0bp, market pricing: -7bp, given downside risks to inflation. A repo rate...

More depo rate cuts still an option for the ECB, however, bold action unlikely
Feb 08, 2016 11:16 am UTC| Commentary Central Banks
After lowering its repo rate by 10bp and extending its quantitative easing in December 2015, the ECB left its key interest rates unchanged in Jan, even as low energy prices and concerns about Chinas impact on the global...