China likely to continue monetary easing
Dec 10, 2015 06:57 am UTC| Commentary Central Banks
China struggles from high debt level, need for deleveraging and many old sectors over capacity. PBoC will likely reduce interest rates in further quarters, in order to ease this debt burden. The RRR ratio would also...
Monetary policy divergences may be starting to deviate between countries
Dec 10, 2015 02:56 am UTC| Commentary Central Banks
EUR/USD closed above 1.10 yesterday. Effectively, it took back losses incurred for the whole of November. Yesterdays short-covering was in response to European Central Bank member Ewald Nowotny blaming market analysts for...
More ECB policy stimulus is likely, if inflation disappoints
Dec 10, 2015 00:52 am UTC| Commentary Central Banks
CPI inflation fell below 2% in early 2013 and has since been on a downward trajectory. It is believed that it has bottomed, but the concern is that the expected recovery in inflation over the next couple of years will be...
BOC governor Poloz points to array of available ammunition
Dec 09, 2015 08:13 am UTC| Commentary Central Banks
Bank of Canada (BOC) may have held policy steady at last meeting, the governor Stephen Poloz pointed out that the bank is not out of ammunition, instead it has more tools now than ever before ready to be deployed if deemed...
Hungary's MNB’s rate cut likely in H1 16
Dec 09, 2015 08:06 am UTC| Commentary
The CPI inflation of Hungary surprised markets and posted 0.5% y/y increase in November against 0.1% in the previous month. Month-on-month headline and core CPI almost remained flat. The core CPI inched down to 1.4% yoy...
PBoC's one more RRR cut likely this month
Dec 09, 2015 07:05 am UTC| Commentary Central Banks
Chinas CPI inflation in November increased marginally and stood at 1.5% y/y against 1.3% in October. The PPI deflation, in contrast, remained steady in the negative territory with a growth rate of -5.9% year on year for...
BoK to stand pat in 7-day repo rate
Dec 09, 2015 06:19 am UTC| Commentary Central Banks
Bank of Korea is expected to keep its policy rate unchanged in the December meeting at 1.50% by the market consensus, which would be a unanimous decision. There were mixed signals from macroeconomic indicators and the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects