Fed Liftoff Series

FED liftoff series – Beginning of a mega-rewind?

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

The event the world has been awaiting, preparing and speculating for is finally approaching - meeting by US Federal Reserve, in which US interest rates will finally rise from their zero bound. After Fridays super job...

Currency War Series

BOC governor Poloz points to array of available ammunition

Dec 09, 2015 08:13 am UTC| Commentary Central Banks

Bank of Canada (BOC) may have held policy steady at last meeting, the governor Stephen Poloz pointed out that the bank is not out of ammunition, instead it has more tools now than ever before ready to be deployed if deemed...

RBNZ unlikely to restrict itself to a rate cut tonight

Dec 09, 2015 07:52 am UTC| Commentary Central Banks

Since the beginning of year, NZD has declined by more than 10% on a trade weighted basis, and the Reserve Bank of New Zealands inflation outlook is based on its notably weaker exchange rate. There are a few participants...

Currency War Series

PBoC's one more RRR cut likely this month

Dec 09, 2015 07:05 am UTC| Commentary Central Banks

Chinas CPI inflation in November increased marginally and stood at 1.5% y/y against 1.3% in October. The PPI deflation, in contrast, remained steady in the negative territory with a growth rate of -5.9% year on year for...

PBoC fixes Yuan to four-year low

Dec 09, 2015 07:05 am UTC| Commentary Central Banks

Peoples bank of China (PBoC), which fixes the central value of Dollar/Yuan, fixed it to weakest level since 2011. Last month, International Monetary Fund (IMF) added Yuan or Renminbi to its Special Drawing Rights (SDR)...

Currency War Series

BoK to stand pat in 7-day repo rate

Dec 09, 2015 06:19 am UTC| Commentary Central Banks

Bank of Korea is expected to keep its policy rate unchanged in the December meeting at 1.50% by the market consensus, which would be a unanimous decision. There were mixed signals from macroeconomic indicators and the...

BoE Policy Meeting Preview

Dec 09, 2015 05:34 am UTC| Commentary Central Banks

Bank of England Governor Mark Carney had stated back in July that the Monetary Policy Committees decision regrading the timing of adjustment of interest rates would come into relief during the turn of the year. This is yet...