
Chart of the Day: Central Banks' standing
Jul 13, 2016 17:23 pm UTC| Commentary Central Banks
This chart from John Kicklighter of dailyfx.com says a lot as it explains the standpoints of key central banks across the globe. It will be interesting to see the curve few months hence as Bank of England (BoE), Bank of...
BoE likely to ease monetary policy by expanding QE program; expected to lower bank rate in August
Jul 13, 2016 12:43 pm UTC| Commentary Central Banks
At the end of June, BoEs (Bank of England)Governor Mark Carney had stated at the end of June that monetary policy easing will likely be required over the summer. There is sufficient evident that the central bank will ease...
Jul 13, 2016 12:30 pm UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. The result to be announced at 14:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5 percentage The core...
Comments by Fed's Mester set prelude to heated debate at FOMC
Jul 13, 2016 11:47 am UTC| Commentary Central Banks
Comments from several hawkish FOMC policymakers are suggesting that pre-referendum unity at the monetary policy committee is coming to an end. President of Federal Reserve Bank of Cleveland, Loretta Mester speaking on...
Jul 13, 2016 11:08 am UTC| Central Banks Insights & Views
As a part of Brexit issue, the subject of immigration, potential for conflicts is already emerging, it remains unclear for the time being as to whether the UK will retain free access to the single market, and therefore the...
Malaysian central bank cuts key policy rate; lowers inflation outlook for 2016
Jul 13, 2016 10:33 am UTC| Commentary Central Banks
The Malaysian central bank, Bank Negara Malaysia (BNM), surprisingly lowered its Overnight Policy Rate (OPR) on Wednesday, mainly to offset the anticipated weakness in external demand. The central bank lowered the OPR by...
India’s retail inflation at 22-month high; to create anxiety in next policy meet
Jul 13, 2016 09:23 am UTC| Commentary Economy Central Banks
Consumer price index in India rose to22-month high, a likely cause of concern in the Reserve Bank of Indias next policy meet in August. Also, investors are eagerly awaiting the nomination of Rajans successor whose term...