Currency War Series

RBA to stay put in H1 2016, as inflation expectations soar

Dec 10, 2015 10:54 am UTC| Commentary Central Banks

To add to the headache of Reserve Bank of Australias (RBA) policymakers, who are trying to tame slowdown using loose monetary policy at one hand, facing real estate price hike and deteriorating terms of trade at the other,...

BoK's fiscal policy likely to remain proactive next year

Dec 10, 2015 10:39 am UTC| Commentary Central Banks

BoK left its key policy rate steady at 1.5% today, consistent with the expectations. Korean government grew at 2.7% yoy in third quarter, rising from 2.2% in Q2. The economy accelerated to 1.3%qoq in Q3, against 0.3%...

RBNZ will again act, if kiwi appreciates further

Dec 10, 2015 10:06 am UTC| Commentary Central Banks

RBNZ once again cut its key rate by 25bp to bring it to 2.5%, as indicated in the last rate meeting. This is primarily because of the NZD which rose again in the month of August. The central bank still wants to a weak...

ECB likely took the pressure off from SNB

Dec 10, 2015 09:25 am UTC| Commentary Central Banks

The Swiss National Bank (SNB) maintains its expansionary monetary policy. The target range for 3-month Libor remains at between -1.25% and -0.25%, and the interest rate on sight deposits with the SNB is kept unchanged at...

BoE may hold bank rate at 1.25% till 2017

Dec 10, 2015 07:13 am UTC| Commentary Central Banks

There is an uncertainty about the timing of the Bank of Englands hike rates. Due to weak global economic outlook and commodity prices, and the risks to growth and asset prices, analysts expect the central bank may postpone...

Trade War Series

Currency War Series

Another dull day from SNB?

Dec 10, 2015 07:01 am UTC| Commentary Central Banks

Swiss National Bank will announce its monetary policy decisions at 8:30 GMT today. Economic conditions Switzerland GDP is around $ 685 billion however growth rate has sharply slowed down. In third quarter economy...

Currency War Series

China likely to continue monetary easing

Dec 10, 2015 06:57 am UTC| Commentary Central Banks

China struggles from high debt level, need for deleveraging and many old sectors over capacity. PBoC will likely reduce interest rates in further quarters, in order to ease this debt burden. The RRR ratio would also...