
BOK rate-cut expectations premature
Feb 02, 2016 02:12 am UTC| Commentary Central Banks
The market expectations for BOK rate cuts have increased after the Bank of Japan introduced negative rates last Friday. The spread between the 1Y KRW IRS and its benchmark has widened notably to -15bps on 1st Feb from...
RBA likely to stand pat in tomorrow’s monetary policy
Feb 01, 2016 13:41 pm UTC| Insights & Views Central Banks
In tomorrows the Reserve Bank of Australia board meeting for interest rate decision, the expectations have increased that the board would decide to hold the cash rate steady at 2.0%. With the market probability of a move...
BoK likely to cut rate by 25bp in Q1
Feb 01, 2016 12:34 pm UTC| Commentary
S. Koreas December current account surplus reduced to 7.5 billion USD as compared to Novembers print of 9.9 billion USD as a result of high deficits on the primary income and services accounts. This offset the goods...
Banxico likely to stay mute at its forthcoming meeting
Feb 01, 2016 11:56 am UTC| Commentary Central Banks
In Mexico, ongoing growth acceleration along with the pass-through from currency depreciation in tradable goods prices suggest further tightening of the current economic situation as well as inflation. Despite downward...
Indonesia’s inflation accelerates moderately in January, may give way for further easing
Feb 01, 2016 06:47 am UTC| Commentary Economy Central Banks
Indonesias inflation accelerated moderately in January to 4.14%, as compared with Barclays expectations of 4.3% and consensus expectations of 4.26%. Inflation accelerated due to lower base, as fuel prices were reduced in...

Mario Draghi may push Euro lower today
Feb 01, 2016 06:42 am UTC| Commentary Central Banks
European Central Bank (ECB) president Mario Draghi, sounded more confident in banks January meeting that in December, when he disappointed market expectations and was seen fumbling literally during the course of press...

RBI unlikely to lower rates on 2 Feb
Feb 01, 2016 05:48 am UTC| Commentary Central Banks
The Reserve Bank of India is unlikely to lower rates further in 2016 after cutting the rate by 50bp in September 2015. The efficacy of rate cuts is expected to depend on the rate of transmission to the lending rate. Till...