Reserve Bank of India keeps interest rate on hold, likely to cut rate in June
Feb 06, 2020 12:51 pm UTC| Commentary Central Banks
The Reserve Bank of India kept the policy repo rate on hold today for the second consecutive time. The decision to maintain the interest rate and the accommodative stance was unanimous. The central bank upwardly revised...
BSP cuts key interest rate by 25 bps to 3.75 pct, likely to cut again in Q2 2020
Feb 06, 2020 11:37 am UTC| Commentary Central Banks
The Philippine central bank, BSP, lowered its interest rate unexpected. The BSP cut its overnight reverse repurchase rate by 25 basis points to 3.75 percent. The central bank continues to be positive about domestic growth...
FxWirePro: Bearish/Bullish Driving Forces of NZD/JPY And Hedging Perspectives Ahead of RBNZ
Feb 06, 2020 09:49 am UTC| Research & Analysis Central Banks
AlthoughNZDJPYshows interim rallies, these upswings seem to be momentary as the overbought pressures signal weakness. The decline in January could extend below 70.00 if the coronavirus epidemic persists. Event risk during...
Bank of Thailand cuts key interest rate by 25 bps to 1 pct to underpin growth
Feb 05, 2020 11:48 am UTC| Commentary Central Banks
The Bank of Thailand, today, cut its key policy rate by 25 basis points to a new record low of 1 percent to underpin growth. The decision to cut rate was unanimous. Todays cut was the third in the central banks current...
FxWirePro: Spotlight On NZD/USD Hedging Perspectives As Kiwis Weakness To Resume In 2020
Feb 05, 2020 10:07 am UTC| Research & Analysis Central Banks
Although the potential for a near-term pullback of Kiwis dollar to the 0.6500 area is lingering, followed by a resumption of the three-month old rally beyond 0.6750 upon a positive outlook for the NZ economy in 2020, the...
RBNZ likely to leave policy rate unchanged at 1 pct next Wednesday, says ANZ Research
Feb 05, 2020 05:55 am UTC| Commentary Economy Central Banks
The Reserve Bank of New Zealand (RBNZ) is expected to leave the Overnight Cash Rate (OCR) unchanged at 1 percent at its monetary policy meeting scheduled to be held next Wednesday, indicating that they expect to sit on the...
The evidence suggests Reserve Bank rate cuts don't hurt confidence
Feb 04, 2020 12:16 pm UTC| Insights & Views Central Banks Economy
When the Reserve Bank board meets today for the first time this year it is likely to leave its cash rate unchanged at the current all-time low 0.75%. Afterwards, it will announce its reasons, many of them good. But...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects