Market now price in no hike from FED in 2016
Feb 03, 2016 10:13 am UTC| Commentary Central Banks
Market participants are now seeing no chance of a hike in 2016, especially as volatility returned in the market. Bank of Japans (BOJ) introduction of negative rates seem to have only paused the selloffs for a day and...

Can PBoC make a successful transition towards a more flexible exchange rate?
Feb 03, 2016 10:09 am UTC| Insights & Views Central Banks
PBoC has shocked the markets twice in the past six months in its effort to depreciate CNY against the USD, first in August and then Dec 2015. Both the times markets evidenced intensified CNY depreciation expectations,...

Scandis currency space sensing both warmer and chilly season – SEK seems cheaper than NOK
Feb 03, 2016 10:02 am UTC| Insights & Views Central Banks
Scandinavian FX experienced the impetus of central banks resolutely pointing growth in Norway and inflation in Sweden. But the policy insertion was similar despite high Norwegian inflation and high Swedish growth. The...
Esther George – return of a hawk
Feb 03, 2016 09:37 am UTC| Commentary Central Banks
A well-known hawk and dissenter of FED policy is back on the core-committee of FOMC this year, who will be a decision maker in the board. In the past, Ms. George has remained critique of ultra-loose monetary policy of...
What’s the point of forward guidance, if it misleads?
Feb 03, 2016 08:56 am UTC| Commentary Central Banks
Bank of Japans (BOJ) last weeks action is clearly providing evidence that central bankers of the world are relying more on shock therapy than providing actual guidance. So the question is coming is the era of forward...
BoE’s Dr Michael Kumhof – Latest Addition To Ledger Editorial Board
Feb 03, 2016 07:54 am UTC| Digital Currency Central Banks
Ledger, apeer-reviewed academic journalfocused on digital currencies,has announced that a Bank of England economist and researcher, Dr Michael Kumhof, has joined its editorial board, CoinDesk reported. Dr. Kumhof is...
Payment Systems Team Suggests Bank Of Korea To Undertake Blockchain Research
Feb 03, 2016 07:29 am UTC| Digital Currency Central Banks
Governments and central banks world over are starting to recognize the potential of blockchain and distributed ledger technologies and a recent report from the Bank of Korea suggests that it is the latest addition to this...