
PBoC seen maintaining accommodative monetary policy stance
Jan 21, 2016 10:13 am UTC| Commentary Central Banks
PBoCs recently increased its liquidity as it injected CNY600bn via medium-term lending facility (MLF) on Tuesday, followed by another CNY150bn liquidity injection via short-term liquidity operation (SLO) and CNY400bn via...

Yen boosted by trade balance but edgy on BoJ’s policy outlook
Jan 21, 2016 09:56 am UTC| Insights & Views Central Banks
Japanese current account surplus: The major transformation in macroeconomic fundamentals of yen is the current account balance improvement. It reached 13.1trn in the first nine months of the year, significantly...

BoC cuts growth forecast to 1.4% y/y in 2016 and 2.4% y/y in 2017
Jan 21, 2016 07:55 am UTC| Commentary Central Banks
The Canadian central bank has kept its overnight rate unchanged at 0.5% on balanced inflation risks. According to the bank, the inflation trend has been near to its projections. Canadas headline inflation continues to be...
Central Bank of Brazil likely to start easing policy by August 2016
Jan 21, 2016 07:21 am UTC| Commentary Central Banks
The Central Bank of Brazil kept the Selic rate unchanged at 14.25%. The majority of the board voted to leave the rate unchanged, while two members voted for a rate hike by 50bp. According to the board, the decision to keep...
ECB to reiterate dovish guidance
Jan 21, 2016 02:49 am UTC| Commentary Central Banks
The ECB Governing Council meets today. The benchmarks rates are likely to be left steady, guidance will be dovish with an eye on containing the EUR/USD rebound and defend pressure to ease policy further. Policymakers...
Fitch: Rising Interest Rates to Ease Taiwan Life Insurers' Negative Spreads
Jan 21, 2016 01:14 am UTC| Research & Analysis Central Banks
Fitch Ratings says in a new report that a persistent decline in the costs of insurance liabilities and improvements in recurring investment yields on rising market interest rates will reduce Taiwanese life insurers...
A second rate cut from Bank Indonesia likely in March
Jan 20, 2016 17:09 pm UTC| Commentary Central Banks
Bank Indonesia (BI) cut its policy rate by 25bp to 7.25% on 14 January, as widely expected. Earlier markets expected BI to cut in February, given the governors recent concern over financial volatility. But renewed downward...
Threading Opportunity: How an India–EU FTA Could Reweave Textile Fortunes