ECB to deliver a 10bp rate cut?

Nov 30, 2015 06:37 am UTC| Commentary Central Banks

This weeks ECB meeting will be main driver for EUR/USD. A rate cut is broadly expected, along with an extension in the QE programme. The comments passed by ECB in its recent meeting about the Euro Area inflation, have...

FOMC to start its hiking cycle as early as in its next meeting?

Nov 30, 2015 06:21 am UTC| Commentary Central Banks

There are anticipations that US Federal Reserve starts its hiking cycle in its December meeting, the market will be waiting for confirmation on the starting and the pace of its rate hike cycle. There is a 74%...

BOK's monetary stance likely accomodative through 2016

Nov 30, 2015 04:13 am UTC| Commentary Central Banks

Koreas October industrial output year on year increased 1.5%, which was below consensus expectations of 2.2%. The Industrial Production dropped 1.4% on a seasonally adjusted mom basis, reversing the 2.2% expansion...

ECB to consider fresh monetary stimulus

Nov 30, 2015 02:53 am UTC| Commentary Central Banks

The European Central Bank (ECB) Governing council meets on Thursday (3 Dec). This meeting will be of particular interest as markets eye the consequences of a dovish ECB as against the US Fed which is widely expected to...

India's GDP numbers and RBI meeting in focus

Nov 30, 2015 02:22 am UTC| Commentary Central Banks

While the winter parliament session carries on, focus is on todays growth report card and Tuesdays RBI policy meeting. For the Jul-Sep quarter, real GDP growth is expected to rise 7.3% YoY from 7% quarter before. The...

Currency War Series

Policy rate decision: Poland to remain on hold

Nov 29, 2015 23:58 pm UTC| Commentary Central Banks

Polands CPI deflation is expected to persist at -0.4% y/y in November, an improvement over the -0.7% y/y reading last month. With respect to the NBP rate decision this week, since the old MPC remains intact for one more...

RBA ends the year on hold

Nov 29, 2015 22:54 pm UTC| Commentary Central Banks

The final RBA board meeting for this year will be held on Tuesday, with the Governor speaking on the economy the next day, shortly before the release of Q3 GDP. The RBA is expected to remain on hold, albeit with an easing...