Bangko Sentral ng Pilipinas likely to raise policy rate in 2H16
Feb 11, 2016 03:03 am UTC| Commentary Central Banks
The Bangko Sentral ng Pilipinas (BSP) is not in a rush to tweak its monetary policy, especially with the imminent implementation of the new rate corridor. There has been some chatter about the BSP introducing new...
Upside risks for additional tightening from BCB
Feb 10, 2016 15:57 pm UTC| Commentary Central Banks
Brazil inflation is highly unlikely to converge on BCB target in 2017 unless we see sharp BRL appreciation, which appears highly unlikely. January inflation data came in at 10.71% y/y as against Decembers 10.67% y/y, above...
Inflation data unlikely to influence Norges Bank's March rate path
Feb 10, 2016 15:42 pm UTC| Commentary Central Banks
Norway January core inflation came in at 3.0 %y/y inline with Norges Bank forecast and consensus. Headline inflation increased to 3% from 2.3% last month. Data is unlikely to influence Norges Banks March rate path. Norges...
Banxico unlikely to respond with immediate policy change over the coming months
Feb 10, 2016 15:07 pm UTC| Commentary Central Banks
Data released on Tuesday showed that Mexicos CPI print for January came in at 2.61% y/y, slightly above expectations of 2.52%. The peso however was unable to benefit from the data and continued to trade at record lows...
How the new Poland's MPC will approach monetary policy?
Feb 10, 2016 14:40 pm UTC| Commentary Central Banks
Polands new MPC is gradually being sworn in. Yesterday, Lower House nominees Grazyna Ancyparowicz and Eryk Lon were sworn in, President Andrzej Duda will nominate his two positions by 19 February. Remarks by most new...

Janet Yellen’s testimony: what to watch out for?
Feb 10, 2016 13:06 pm UTC| Commentary Central Banks
With FED chair Janet Yellen ahead, market has now moved to a consolidation phase, and volatility awaits to return after her testimony and through question-answer session. It is expected to begin at 15:00 GMT. Lot of...
ECB, BoJ likely to weaken currency further
Feb 10, 2016 10:23 am UTC| Commentary Central Banks
Investors are driven towards safe haven assets as stock markets continue to slump, with oil price hovering towards its lows. The EUR and the JPY are seen benefiting amid global growth turbulence.EUR/USD touched a three...