Jan 05, 2016 07:05 am UTC| Commentary Central Banks
Sweden Riksbank announced that it has taken the decision required to be able to instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure. The intervention decision has...

Chinese Central Bank Injects $20 Billion to Ease Market Worries
Jan 05, 2016 06:42 am UTC| Commentary Central Banks
The Peoples Bank of China (PBoC) has injected 130 billion yuan ($20 billion) in funds into the financial system in order to ease concerns after Mondays market shock. The decision was made after Chinese stocks dropped...
BoK likely to deliver another 25bp rate cut in Q1 2016
Jan 05, 2016 04:32 am UTC| Commentary Central Banks
Korean exports are still accelerating and the underlying trend of challenging external environment likely extending in 2016, the softness in external oriented sectors will keep Bank of Korea accomodative. We maintain...
China’s onshore/offshore interest rate spreads looking stretched
Jan 05, 2016 03:18 am UTC| Commentary Central Banks
Risk aversion gripped Chinese markets yesterday with the benchmark Shanghai Composite Index down by almost 7% (trading in Chinese stock markets was halted). Significant uncertainties on the Chinese economy remain as PMI...

Jan 04, 2016 21:58 pm UTC| Commentary Central Banks
In a press release today, the Riksbank announced that it has taken the decision required to be able to instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure. In...
Jan 04, 2016 13:51 pm UTC| Insights & Views Central Banks
Persistent growth in job market to support the USD and Fed tightening: The USD to trip up on support on Fridays NFP report. Average job creation of 150k or more during the next few employment reports should be...

Jan 04, 2016 11:41 am UTC| Insights & Views Central Banks
Last month of 2015, the ECB has not delivered what streets expected (not a full depo cut we had in mind i.e. -10bps versus forecasts of -20bps) but the extended QE programme we were looking for (now due to run at least...