Fed likely out of its "ultra-loose" monetary policy- first big change of coming year
Dec 07, 2015 09:03 am UTC| Commentary Central Banks
In the coming year, Fed will be the first major central bank to raise its interest rates and exit from its ultra-loose monetary policy. After a first hike, likely on December 16, the central bank is set to take more steps...
Draghi’s attempt to sooth market in post-ECB commentary likely to fail
Dec 07, 2015 08:42 am UTC| Commentary Central Banks
European Central Bank (ECB) governor, Mario Draghi at a dinner party on Wall Street, late last Friday, tried to soothe market, however attempts like these are likely to be less effective from now on. Mr. Draghi, pointed...
ZAR likely remains vulnerable post Fed lift-off
Dec 07, 2015 07:42 am UTC| Commentary
The rating by Fitch might impact ZAR slightly negatively on Monday as it came after the local markets closed on Friday. The rating decisions of both Fitch and SP were as expected, slightly extensive moves can be...
Further fiscal slippage likely limited for South Africa
Dec 07, 2015 07:37 am UTC| Commentary Economy
South Africa is seeing weak growth and higher public wage settlements, which imply challenges for the governments promises of reducing budget deficit and stabilizing the debt/GDP ratio. The government presented a...
Russia’s inflation likely to re-accelerate
Dec 07, 2015 07:21 am UTC| Commentary
The central bank of Russia is expected to keep its bank rate unchanged at the current level at its policy meeting end of this week. Earlier, the central bank is expected to cut rates, but as inflation rate in the economy...
BoK likely to stand pat in December meeting
Dec 07, 2015 06:33 am UTC| Commentary Central Banks
Bank of Koreas cash rate has been left unchanged at 1.50% for several months now, saying that it will stand pat for the inter-meeting time period. The same is expected in its December meeting as well, which is likely to be...
Riksbank likely to cut rate by 10bp
Dec 07, 2015 05:40 am UTC| Commentary Central Banks
As a result of last weeks disappointing ECB meeting, along with Swedish data, there is somewhat increased pressure on Riksbank in the near term. The KIX recently gained strength and this weeks inflation data will be of...
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