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...

BOJ’s Harada downplays further stimulus right away

Nov 11, 2015 07:14 am UTC| Insights & Views Central Banks

Yutaka Harada, Bank of Japans board member despite showing his concern over global economy and inflation downplayed any immediate to additional monetary stimulus from the bank. Compared to previous speech, Mr. Harada...

ECB may extend its current asset purchase program

Nov 11, 2015 06:40 am UTC| Commentary Central Banks

Since the ECB seems to be more aggressive and the Fed has kept the rate hike option open, analysts are pushing down their end-year EUR/USD forecast. RBC Capital Markets estimates the pair is likely to be close to the...

National Bank of Hungary likely to ease further

Nov 11, 2015 04:44 am UTC| Commentary Central Banks

There is a rise in Hungarys October inflation, which leaves the National Bank of Hungary (NBH) plenty of room to maintain its loose monetary policy conditions for an longer period. The NBH predicts that inflation will...

Chile's BCCh’s October statement was not as certain as September

Nov 11, 2015 00:35 am UTC| Commentary Central Banks

This realization is also not new. In fact, BCChs post-meeting (October) statement was considerably dovish and the key paragraph now has an element of uncertainty compared with the September statement, in which the bank was...

U.S. doves appear to be ready to fly in December

Nov 10, 2015 16:42 pm UTC| Commentary Central Banks

Recent comments and speeches from FOMC members suggest that the doves are ready to fly as well, as they seem to support - or at least accept - the first Fed hike since 2006 at the next FOMC meeting in December. During the...