Central Bank of Republic of Turkey likely to rise repo rate by 50bps
Dec 22, 2015 10:10 am UTC| Commentary Central Banks
Turkeys central bank, CBRT is yet to announce its rate decision today. Most of the market participants expect the bank to rise its repurchase rate by 50 basis points to 8%. The central bank governor Basci presentes the...

Risk of capital outflow persists in China on Fed rate hike
Dec 22, 2015 09:38 am UTC| Commentary Economy
Greater tolerance for CNY weakness against the USD is likely to support the ebbed capital outflows moving ahead. The outflows might have risen in November. These are evidenced by a notable decline in PBoC FX Reserves of...
FxWirePro: What caused PBoC’s TWI for currency mechanism – USD/CNY hedging perspectives
Dec 22, 2015 09:03 am UTC| Technicals
After PBoCs trade-weighted view of CNY during a last weekend, the warning shot from PBoC for the FX Wars, we dont think Fed has taken this into account very seriously. PBoCs operational documents were recently released...
Two more cuts likely from RBA in H1 2016
Dec 22, 2015 04:36 am UTC| Commentary
Mirroring the lack of front end direction in AU/US rate spreads, AUD/USD is still trading in 0.70/0.74 range. This spread is likely to narrow from both sides over coming three months, sending the pair lower. Our...

BoJ tweaks policy as growth firms
Dec 21, 2015 23:54 pm UTC| Commentary Central Banks
The recent data flow from Japan on balance has been encouraging. Reports indicate that business expansion has strengthened and broadened, spanning from the labor market to capex. This weeks BoJ Tankan reinforced this...
BoE to follow Fed but not in a hurry
Dec 21, 2015 23:18 pm UTC| Commentary Central Banks
The Bank of England is expected to follow the Fed in coming months, launching a rate cycle before midyear. The UK labor market continued to strengthen this week, with a strong gain in jobs and another drop in the...
Poland's NBP may cut policy rate by 75bps next year
Dec 21, 2015 13:03 pm UTC| Commentary Central Banks
Polands net inflation for November released last week remained at 0.2 percent year on year. The CPI inflation rate is expected to enter negative territory in December. The economy is expected to remain in deflation of...