Bank of Korea's further easing not yet ruled out

Dec 10, 2015 06:47 am UTC| Commentary Central Banks

While Koreas domestic demand and services stabilized after the MERS outbreak, the export environment and the sequential pay back in private consumption might slow down the growth momentum in fourth quarter, which might cut...

BoE’s monetary outlook

Dec 10, 2015 06:37 am UTC| Commentary Central Banks

The Bank of Englands MPC meeting due today will discuss on bank rates. The central bank is expected to hold the current bank rates unchanged. Analysts argue that the Bank is unlikely to raise interest rate until Q4...

Korea cautious of capital volatility in December

Dec 10, 2015 05:48 am UTC| Commentary Economy Central Banks

Korean central bank, BoK kept its policy rates unchanged at 1.5% in the month of December as well, as predicted by consensus. This decision was unanimous and the statements tone and governors remarks remain neutral, albeit...

CBR likely to cut key rate by 50bp

Dec 10, 2015 05:20 am UTC| Commentary Central Banks

The central bank of Russia, CBR will be announcing its policy rate decision tomorrow, and there will be a press conference after the rate announcement. There are geo-political tensions around the country , and Russia...

Bangko Sentral ng Pilipinas likely to stand pat

Dec 10, 2015 04:27 am UTC| Commentary Central Banks

There is a pick up in Philippines inflation in the month of November, the central bank BSP seems comfortable with its policy rates, emphasizing that the risks to growth and inflation stem largely from poor weather and...

Currency War Series

Monetary policy divergences may be starting to deviate between countries

Dec 10, 2015 02:56 am UTC| Commentary Central Banks

EUR/USD closed above 1.10 yesterday. Effectively, it took back losses incurred for the whole of November. Yesterdays short-covering was in response to European Central Bank member Ewald Nowotny blaming market analysts for...

Fed will be up on its tiptoes for some time to come

Dec 10, 2015 02:39 am UTC| Commentary Central Banks

One week to go before lift-off and 10Y Treasury yields are still at 2.21%. Thats 20 basis points higher than in mid-October but one certainly would have expected a bigger move given the dramatic shift in Fed expectations...