Softer wages and inflation point to a dovish BoE
Jan 12, 2016 15:48 pm UTC| Commentary Central Banks
BOE recently pushed back hike call to November 2016 from May 2016. Despite continued strong jobs gains, wage data have softened. Along with downward growth revisions and Brexit uncertainties, the BoE now has plenty of...
Strategic divergence between BoE and Fed builds
Jan 12, 2016 15:04 pm UTC| Commentary Central Banks
Central banks can have two responses to a tightening economy, they could either hike earlier and more gradually, or later and not quite so gradually. The former was BoEs likely approach six months ago, but as we stand...
Riksbank in a tough spot with interest rates at extremely low levels
Jan 12, 2016 11:52 am UTC| Commentary Central Banks
As the Swedish economy is seen growing, the Riksbank has revised up GDP forecasts to around 3.5% for 2016. The refugee influx gives a fiscal boost to the economy in the coming years, as the number of people employed in...
Change to the Turkish Central Bank’s MPC composition seen in mid 2016
Jan 12, 2016 10:38 am UTC| Commentary Central Banks
The Central Bank of Turkeys willingness to tighten its monetary policies in line with rising market volatility is still questionable, as the CBRTs policy meeting could not raise the markets perception of the CBTs...
Sweden’s Riksbank’s move towards FX tools shows signs of economic weakness
Jan 12, 2016 09:47 am UTC| Commentary Central Banks
Riksbank is now concentrating on FX because it is worried that the non-FX tools are not much efficient in raising the credit multiplier and are leading funds towards low yield investments resulting in real estate and...
Norway's Central Bank likely to cut rates in March
Jan 11, 2016 11:40 am UTC| Commentary
Norwegian December core inflation stood at 3.0%, in line with Norges Banks forecast, but below consensus at 3.2% and the central bank expects inflation to stay the same for some months. As food prices were cut before...
Riksbank rate cut likely in H1 2016
Jan 11, 2016 04:57 am UTC| Commentary Central Banks
Currently SEK is slightly stronger than the Riksbanks forecast. This is the main reason that FX intervention is expecting to bolster the rise in Inflation. There are two possibilities that Riksbank may undertake....
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Germany lowers voting age to 16 for the European elections
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