What will ECB do today: Analysts’ calls at big investment banks

Mar 10, 2016 11:27 am UTC| Commentary Central Banks

Our expectations are in sharp contrast to expectations from big investment banks. As situation has improved both in inflationary terms globally and financial markets, oil price edged up, along with industrial commodities...

Bank Indonesia likely to continue easing policy with cautious approach

Mar 10, 2016 09:36 am UTC| Commentary Central Banks

The Indonesian central bank, in its current policy easing cycle, has been very aggressive. Since late 2015 the central bank has cut its reserve requirement rate by 150bps and has also lowered its key BI rate by a total of...

Malaysian central bank keeps interest rate on hold, economic growth likely to moderate in 2016

Mar 10, 2016 08:52 am UTC| Commentary Central Banks

The Malaysian central bank, Bank Negara (BNM), kept its overnight policy rate on hold at 3.25% yesterday in order to balance the risks between inflation and growth. The central bank stated that the growth outlook is...

ECB actions or no-actions may boost Yen volatility too

Mar 10, 2016 07:47 am UTC| Commentary Central Banks

While Euro would be the pair to watch over ECB, next big mover could easily turnout as Yen. Partially that would be due to move in Dollar, but largely that would be due to risk angle of it. Yesterday as equities,...

BoK keeps policy rate unchanged, likely to lower in Q2 and cut 2016 GDP forecast

Mar 10, 2016 07:44 am UTC| Commentary Central Banks

South Korean central bank kept its policy rate on hold at 1.5%, on par with expectations. The rate decision was non-unanimous for the second continuous month. One MPC board member again voted to lower the rate. The MPCs...

ECB may boost PSPP with €120 billion: sounds better, doesn’t it?

Mar 10, 2016 07:09 am UTC| Commentary Central Banks

We dont think if we ask the question, which sounds better coming from ECB - 10 billion or 120 billion, we would be having difference of opinion. And that is despite the fact that both are same. If ECB boost current...

RBNZ cuts OCR by 25bps, likely to lower again in June

Mar 10, 2016 06:53 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand has surprisingly lowered the OCR by 25 basis points to 2.25%, a new record low, and has hinted at another cut in the future. The central bank lowered the rate mainly because of the...