South Africa's Reserve Bank is in the eye of a storm. Academics quiz the governor

May 16, 2017 16:39 pm UTC| Insights & Views Economy Central Banks

Central banks everywhere play a critical role in shaping the direction of a countrys economy. The South African Reserve Bank is the central bank of South Africa. Its main mandates are to ensure financial and economic...

FxWirePro: Would UK CPI pave the way for BoE? British currency unlikely to sustain gains

May 16, 2017 13:02 pm UTC| Central Banks Insights & Views

UK CPI prints upbeat flashes, following the pause in March; CPI inflation resumed its uptrend in April, picking up to 2.7% YoY, which is way beyond consensus at 2.6% YoY. The CPI core rate (excluding energy, food, alcohol,...

FxWirePro: UST futures rolls on mounting hopes of Fed hikes

May 16, 2017 12:27 pm UTC| Central Banks Insights & Views

US 10yr treasury yields benefitted from the risk-seeking mood, rising from 2.32% to 2.35%, while 2yr yields rose from 2.29% to 2.30%. Fed fund futures yields also firmed, now pricing a June rate hike as an 85% chance (from...

Central Banking Series

PBOC establishes fintech committee to enhance research, planning and innovation

May 16, 2017 09:43 am UTC| Fintech Central Banks

The Peoples Bank of China (PBOC) announced that it has established a fintech committee in a move to improve research, planning as well as coordination of work on fintech, Shanghai Daily reported. Fintech, or...

Central Banking Series

PBoC to keep stable liquidity conditions, likely to inject liquidity via more active MLF operations - ANZ

May 15, 2017 23:04 pm UTC| Commentary Central Banks

The Chinese central bank, Peoples Bank of China, issued its first quarter Monetary Policy Report last week, which gives a clear signal of the authorities neutral monetary policy stance in the midst of increased worries...

Fundamentals to watch out for this week

May 15, 2017 09:33 am UTC| Commentary Economy Central Banks

This week is relatively less risk-heavy in terms of scheduled data and events. What to watch for over the coming days: Central Banks: Not many central bank activities this week. A few Federal Reserve...

Bank Indonesia likely to hold policy rate steady this week until stronger data is out, says DBS Bank

May 15, 2017 06:53 am UTC| Commentary Central Banks Economy

Bank Indonesia (BI) is widely expected to hold its policy rate steady this week as there is no compelling reason to trim its policy rate further at this point. Inflation is already back above 4 percent y/y and the upward...