
Should the BOJ fret about the yen’s recent move?
Jan 14, 2016 03:04 am UTC| Commentary Central Banks
Since the start of this year USD/JPY breached the level of 120 and fell to 117-118 in the recent one week. Compared to the end of 2015, the yen has appreciated 1.7% versus the dollar, 1.9% versus the euro, 3.0% versus the...
ECB to maintain dovish bias in 2016
Jan 13, 2016 21:33 pm UTC| Commentary Central Banks
Recently US crude futures slipped below the key $30 level for the first time since December 2003. Due to the free fall of oil prices, markets anticipate further rate cuts by ECB in March. Indeed, Brent oil prices are now...

Plenty of reasons to support BoE’s wait and see approach
Jan 13, 2016 14:42 pm UTC| Commentary Central Banks
Despite continued strong jobs gains seen in UK, wage data have softened. And along with downward growth revisions and Brexit uncertainties, we now see plenty of reasons to support BoEs wait and see for longer...
Hungarian base rate likely to cut from 1.35% to 1% in H1 2016
Jan 13, 2016 12:03 pm UTC| Commentary Central Banks
MNB economist and director Barnabas Virag recently stated that there is still space for further monetary easing in Hungary. With the preparation of estimates for the Q4 Inflation Report, the inflation developments have...

Further quantitative easing measures unlikely from BoJ
Jan 13, 2016 10:40 am UTC| Commentary Central Banks
Bank of Japans monetary authorities are seen confident to achieve the price stability target of 2% Y/Y facilitated by current asset purchase program that seeks to increase the monetary base by 80 trillion annually....
Indonesia’s central bank likely to cut rate this month
Jan 13, 2016 09:50 am UTC| Commentary Central Banks
Indonesias December CPI dropped to 3.35% YoY on a sluggish growth, last seen in December 2009. As the economy decided to increase the domestic retail prices of diesel and gasoline in December 2014 with a motive of...
US Fed, BoE Seen on Rate Hiking Path
Jan 13, 2016 08:59 am UTC| Commentary Central Banks
Although recent concerns have boosted the risk of additional easing of monetary policy than expected, there has to be more evidence of the instability in the financial market either for a longer period of time or for spill...