ECB could run out of eligible bunds if it hikes asset purchase

Jul 19, 2016 09:52 am UTC| Commentary Central Banks

The European Central Bank (ECB) could soon be running out of eligible bunds to add to its purchase portfolio. It could also be said that European Central Bank (ECB) is already running out of options to add bunds to its...

RBNZ tightens loan-to-value restrictions, likely to be effective from Sep 1

Jul 19, 2016 09:24 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand has tightened the loan-to-value restrictions (LVR) for residential lending on Tuesday. The proposal stands in the consultation phase and is likely to be effective from September 1,...

UK referendum turmoil helps China to pursue stealth depreciation of its currency

Jul 19, 2016 09:17 am UTC| Commentary Central Banks

The Chinese currency has depreciated to its weakest level yesterday, since September 2010. Chinese yuan weakened to 6.7164 per dollar yesterday, however, that hardly made any headlines. As the market focuses on the Europe...

RBA keeps inflation into focus; likely to lower rates in August if inflation weakens

Jul 19, 2016 05:40 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia on Tuesday released the minutes of its July board meeting. The minutes had the similar line of the central banks recent commentary and did not provide any clear bias to lower official interest...

Australia's Q2 inflation outcome likely to be soft enough to keep August rate cut alive

Jul 18, 2016 10:12 am UTC| Insights & Views Economy Central Banks

Australian government releases inflation data on a quarterly basis. Official Australias Q2 CPI data is scheduled to be released on Wednesday, 27th July and are keenly awaited after the extremely weak Q1 print. Australias...

Norges Bank likely to ease policy on subdued growth outlook

Jul 15, 2016 12:49 pm UTC| Commentary Central Banks Economy

Norways central bank, Norges Bank, is banking on an expansionary monetary policy, owing to subdued growth outlook. The Norwegian central bank has cut its key interest rate by 100 basis points to current 0.5 percent since...

Japanese yen may continue to appreciate against USD unless BoJ takes effective measures

Jul 14, 2016 13:03 pm UTC| Commentary Central Banks

At present, the foreign exchange market is uncertain if the Bank of Japan is willing and capable of effectively loosening its monetary policy in a notable manner, noted Commerzbank in a research report. Unless the Japanese...