People have skewed views on inflation. Why this matters

Jun 23, 2019 14:28 pm UTC| Insights & Views Economy

Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation. South Africa is a case in point. The country has an inflation target of 3% to 6% per...

U.S. Treasuries plunge in silent session as investors await host of FOMC members’ speeches

Jun 21, 2019 11:16 am UTC| Commentary Economy

The U.S. Treasuries plunged during Fridays afternoon session, amid a muted trading session that witnessed data of little economic significance. However, the countrys existing home sales data for the month of May and...

German bunds slump after June manufacturing PMI, eurozone composite PMI exceeds expectations

Jun 21, 2019 10:59 am UTC| Commentary Economy

The German bunds slumped during European trading session Friday after the countrys manufacturing PMI for the month of June and the eurozones composite PMI for the similar period, both exceeded market expectations, also...

Japanification: ECB to cut deposit rate this year, chances of QE restart seemingly high

Jun 21, 2019 09:06 am UTC| Commentary Economy Central Banks

The European Central Bank is more likely to cut the deposit rate this year in an effort to move the stubborn inflation, which the central bank failed to push decisively higher despite unprecedented stimulus. While euro...

EM Asian currencies likely to rally further amid continued portfolio inflows, remain susceptible to U.S.-China trade talks: Scotiabank

Jun 21, 2019 06:37 am UTC| Commentary Economy

The emerging market Asian currencies are expected to rally further amid continued portfolio inflows, while remaining susceptible to the headlines on the US-China trade talks, according to the latest research report from...

Australian bond yields track weakness in U.S. peer after Fed signalled further rate cuts ahead

Jun 21, 2019 05:41 am UTC| Commentary Economy

Australian government bond yields continued to track losses in the United States counterpart after the Federal Reserve on Wednesday in its monetary policy meeting, signalled further rate cuts on the way despite keeping on...

Why Federal Reserve independence matters

Jun 21, 2019 01:42 am UTC| Insights & Views Central Banks Economy

Should you care if the Federal Reserve loses its independence? Its become a growing risk in recent years as President Donald Trump has repeatedly attacked the U.S. central bank over interest rate policy and tried to...