Riksbank may opt for rate cut of 10-15bp

Nov 12, 2015 05:36 am UTC| Commentary Central Banks

The Riksbank is likely to act more in reaction to external monetary policy like the ECB, despite growth and inflation showing positive sign. Effect of external factors in a small open economy like Sweden is clearly...

BoK does not rule out further easing

Nov 12, 2015 05:23 am UTC| Commentary Central Banks

US Federal Reserve is more likely to hike its near zero interest rates almost after a decade. With the growing likelihood of the rate hike, and Koreas strong revival in the services economy after the MERS shock, the Bank...

BoK waits to see if Korea's recovery sustains by itself

Nov 12, 2015 05:14 am UTC| Commentary Central Banks

After the MERS shock, Bank of Koreas Governor Lee Ju Yeols believes that Q3 pick up is consistent with the domestic demand, which is returning to its normal path. An important role is played by the banks more neutral tone...

BoK to maintain neutral stance amid mixed signals, both domestic and abroad

Nov 11, 2015 22:22 pm UTC| Commentary Central Banks

The Bank of Korea (BoK) is expected to hold its policy rate at 1.50% at its November meeting. The BoK will maintain its neutral stance amid mixed signals from both the domestic and global economies. Sustained evidence of a...

Is FX intervention next for Riksbank?

Nov 11, 2015 16:21 pm UTC| Commentary Central Banks

In the time since the Riksbank delivered a significant expansion of QE at their October meeting, SEK is effectively unchanged on a trade weighted basis and EUR/SEK is in fact lower. This has taken place despite a...

Another RRR cut by PBoC likely in Q4

Nov 11, 2015 09:25 am UTC| Commentary Central Banks

Chinas industrial production data for October released today shows marginal fall in compare to the previous month. The figure stood at 5.6% in October was 5.7% in September. Retail sales, in contrast, posted slightly...

BoJ unlikely to expand QE in near future

Nov 11, 2015 07:27 am UTC| Commentary Central Banks

The Bank of Japan hold the QE program unchanged. The Bank is unlikely to expand its QE in the imminent future foresees Nordea Bank. The core inflation of the economy is cause of concern as it is accelerating. BoJ governer...