Sweden's Riksbank's rate cut likely in December
Dec 01, 2015 07:48 am UTC| Commentary Central Banks
The Sweden economy is in upward momentum in past four quarters, as the economys average quarterly growth was 0.9%. Various macroeconomic indicators have improved. The number of hours worked rose by 0.4% y/y in Q3 and...
Dec 01, 2015 07:35 am UTC| Commentary Central Banks
After the recent remarks by Mario Draghi has fueled the markets anticipations on further action, it should become easier to get a consensus that the central bank will give at least something to the market. Currently, any...
Bank of Indonesia likely to cut rates twice in H1 16
Dec 01, 2015 07:27 am UTC| Commentary Central Banks
The Bank of Indonesias December meeting is on the same day as that of US Fed. The central banks decision to cut the reserve requirement ratio indicates the clear need of easing ahead. With better inflation expectations...
Reserve Bank of India leaves the CRR unchanged
Dec 01, 2015 05:58 am UTC| Commentary Central Banks
By assessing the current and evolving macroeconomic situation, the Reserve Bank of India has decided to to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 pct of net demand and time liability...
Russian sanctions to weigh on Turkish growth prospects and delay CBR cuts
Dec 01, 2015 05:25 am UTC| Commentary Central Banks
As expected, Russia imposed economic sanctions on Turkey for shooting down its warplane on November 24, 2015. Turkeys income from Russia on trade related basis is c. 2% of its GDO, with Russia limiting exposure to Turkey,...
RBA leaves cash rate unchanged, likely to be on hold till February
Dec 01, 2015 04:41 am UTC| Commentary Central Banks
Reserve Bank of Australia has decided to leave the cash rate same at 2.0%, as broadly expected and markets were not surprised at this decision. Australias domestic economy growth is seen as moderate but there is a slow...
India's July-September GDP not a game-changer for today’s RBI review
Dec 01, 2015 02:33 am UTC| Commentary Economy Central Banks
Indias growth maintained its spot as amongst the fastest in the region. Real GDP growth rose to 7.4% YoY in 3Q 2015 (second quarter FY15/16) in line with expectations and higher than 7% the quarter before. The underlying...