Czech National Bank likely to have intervened more in August to defend EUR/CZK floor at 27

Sep 12, 2016 07:09 am UTC| Commentary Central Banks

The Czech National Banks latest balance sheet data implies that the central bank has had to intervene more in recent weeks in order to defend the EUR/CZK floor at 27, said Commerzbank in a research note. The preliminary...

No action from BoE in Sept, all attention likely on the minutes to gauge future rate cuts

Sep 09, 2016 12:07 pm UTC| Insights & Views Central Banks Economy

After delivering a comprehensive package of policy easing measures in August, the Bank of England is widely expected to stay pat at its September policy meeting scheduled next week. Focus is likely to be on the wording in...

Higher Swiss jobless rate poses concern for SNB; overvalued franc deepens the cause

Sep 09, 2016 10:06 am UTC| Commentary Economy Central Banks

The jobless rate in Switzerland rose for the first time since May, during the month of August, shrugging expectations for an unchanged figure, raising concerns for the Swiss National Bank. Also, an overvalued franc is...

Bank of Korea keeps policy rate on hold, expects economy to sustain modest growth

Sep 09, 2016 07:34 am UTC| Commentary Central Banks

As widely expected, the Bank of Koreas Monetary Policy Board kept the Base Rate on hold at 1.25 percent for the third consecutive month. According to the Board, the South Korean economy is expected to sustain its trend of...

BOC monetary policy decision: Assessing the bias

Sep 08, 2016 14:19 pm UTC| Commentary Central Banks

Bank of Canada (BOC) as expected kept interest rates on hold, however, the Canadian dollar remained weak as theeconomy, the housing sector and oil price remainweak. But how the bank is planning for future? Lets...

What to expect from ECB ahead?

Sep 08, 2016 10:35 am UTC| Commentary Central Banks

Today European Central Bank (ECB) is to provide further guidance in policy meet. The result to be announced at 11:45 GMT, followed by thepress conference at 12:30 GMT. Meeting is being held in Frankfurt. Current policy...

Polish central bank signals possibility of rate hike in H2 2017

Sep 08, 2016 08:41 am UTC| Insights & Views Economy Central Banks

Polish 10-member Monetary Policy Council left the seven-day reference rate at 1.5 percent Wednesday largely in line with expectations. The central bank, which ended an easing cycle in March last year, also kept its lombard...