BoK likely to deliver another 25 bp rate cut in Q1 16
Dec 02, 2015 04:16 am UTC| Commentary Central Banks
Korean governments increased efforts to recycle Koreas current account surplus is in line with the focus on engineering a weak KRW bias will continue. The broader trend stays steady, marked by slow inventory clearance and...
Taiwan central bank to cut policy rates again, possibly by another 12.5bp in December
Dec 01, 2015 23:31 pm UTC| Commentary Central Banks
Regarding monetary policy, oya GDP growth, which attract most attention from policymakers and the public, is expected remain negative in 4Q15 and 1Q16. Indeed, even the governments forecast of 1.06%oya for full-year 2015...
ECB to ease on multiple fronts
Dec 01, 2015 22:31 pm UTC| Commentary Central Banks
Recent Euro area data have been stronger than expected, suggesting some upside to the near-term growth trajectory. Expectations run high that the ECB will implement broad-based easing. Rather than a fine-tuning step the...
SNB should act more than anybody
Dec 01, 2015 15:03 pm UTC| Commentary Central Banks
Swiss National Bank (SNB) can be called as the top most conservative central bank in the modern world and probably the most away from mandate. Price stability is the key objective of Swiss National Bank (SNB), which...
Unemployment shows why ECB can do more
Dec 01, 2015 13:00 pm UTC| Commentary Central Banks
Euro zone unemployment rate dropped to 10.7% in October from 11% two month back. We at FxWirePro, have been arguing for further ECB action for quite some time, hints of which finally came at last meeting and action is...
RBA policy – assessing the bias
Dec 01, 2015 09:28 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. RBAs decision has given support to Aussie, which is now trading at 0.729 against Dollar, up 0.85% so far today. Reserve bank...
Sweden's Riksbank's rate cut likely in December
Dec 01, 2015 07:48 am UTC| Commentary Central Banks
The Sweden economy is in upward momentum in past four quarters, as the economys average quarterly growth was 0.9%. Various macroeconomic indicators have improved. The number of hours worked rose by 0.4% y/y in Q3 and...
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