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...

BoC to hold despite weaker data

Nov 29, 2015 22:25 pm UTC| Commentary Central Banks

On Wednesday the BoC will hold its last meeting of the year. The bank is expected to keep its policy rate unchanged, as inflation is holding well and economic activity in the non-resource sector compensates the decline in...

Currency War Series

One last call before the FOMC

Nov 29, 2015 22:03 pm UTC| Commentary Central Banks

The market will be looking for reassurance regarding the start and pace of the Feds tightening cycle while waiting for the FOMC meeting on December 16. Fed futures are assigning a 74% probability of a rate hike in December...

Currency War Series

All eyes on the ECB

Nov 29, 2015 21:22 pm UTC| Commentary Central Banks

Thursdays ECB meeting will be the key catalyst for EURUSD this week. A 10bp cut is expected in the depo rate and a time extension of QE. However, recent ECB comments coupled with the still unimpressive euro area inflation...