ECB Preview: ECB to fulfil the high expectations
Nov 27, 2015 16:11 pm UTC| Commentary Central Banks
On the back of the dovish stance at the ECB meeting in October, economists expect the ECB to deliver an aggressive package of monetary easing measures in December. Specifically, economists expect ECB to cut the deposit...
QE program may dominate ECB's meeting
Nov 27, 2015 13:08 pm UTC| Commentary Central Banks
Sentiment indicator of EU Commission is released today and remain steady for November at 106.10. This indicator draws markets attentions as it will have a significant impact on the ECBs next week decision. ECBs...

PBoC improves engagement with ECB to smoothen Renminbi internationalization
Nov 27, 2015 11:21 am UTC| Commentary Central Banks
China is moving with a rapid pace to internationalize its currency Yuan and make it more accessible and acceptable to world community. Yesterday, in its official website Peoples Bank of China (PBoC) announced its...
PBoC terminates some onshore commercial banks' cross border lending, CNH liquidity tightens
Nov 27, 2015 08:45 am UTC| Commentary Central Banks
USD/CNH one year swap points rose 1900pips today, over 1500pips last week. There is liquidity tightening seen in the offshore market. This is because of Further weakness expected in CNH by the market, lowering the...
Central banks rate decisions outlook for 2016
Nov 27, 2015 06:52 am UTC| Commentary Central Banks
As highly anticipated by the markets, US Federal Reserve will start its hiking cycle next month on its December 16 meeting, while ECB will likely ease further in its December meeting. US Fed may start rising rates this...

US Fed's hike anticipations weigh on gold prices
Nov 27, 2015 05:24 am UTC| Commentary Central Banks
There is a high possibility of US Federal Reserve hiking its near zero interest rates in December, almost after a decade. These anticipations have increased the dollar strength and yields as well. But there was pressure...
Implications of two-tier deposit rates for the ECB
Nov 27, 2015 05:03 am UTC| Commentary Central Banks
Around EUR640 billion is being deposited overnight at ECB currently, of which around EUR110bn covers minimum RR, remunerated at MRO rate, i.e. 5 bp, which leaves EUR 530 billion in excess, subjecting to ECB deposit rate,...