Bank Indonesia cuts key interest rate by 25 bps, likely to cut again in Q4
Oct 24, 2019 14:45 pm UTC| Commentary Central Banks
Bank Indonesia cut its 7-day reverse repo rate today by 25 basis points for the fourth consecutive month to 5 percent. The central bank made no changes to economic forecasts. BI expects the economy to expand at below the...
UK gilts flat in muted trading session as Brexit politics still continue to dominate markets
Oct 24, 2019 10:53 am UTC| Commentary Economy
The United Kingdoms gilts remained flat during European trading hours Thursday amid a muted session that witnessed data of little economic significance as Brexit politics continues to dominate financial markets. The...
Oct 24, 2019 10:29 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The testimony ofMark Zuckerbergdivulged some significant takeaways in the US Congress. First and foremost, Zuckerberg appears to reckon that cryptos prospects in the global economy, and the longer the U.S. awaits to design...
German bunds slip as October manufacturing PMI disappoints estimates; ECB’s policy decision eyed
Oct 24, 2019 09:53 am UTC| Commentary Economy
The German bunds slipped during European session Thursday after the countrys manufacturing PMI for the month of October disappointed market expectations ahead of the European Central Banks (ECB) monetary policy meeting,...
Fed likely to announce another 25bp cut at upcoming policy rate meeting, says DNB Markets
Oct 24, 2019 08:55 am UTC| Commentary Central Banks Economy
The Federal Reserve is expected to announce another 25bp cut in the Fed funds rate at its upcoming monetary policy rate meeting, according to the latest research report from DNB Markets. Furthermore, the guidance is...
India's credit squeeze pushes growth to six-year low, says Fitch Ratings
Oct 24, 2019 08:20 am UTC| Commentary Economy
The Indian economy is being held back by a large squeeze in credit availability emanating from non-bank financial companies (NBFCs), according to the latest research report from Fitch Ratings. Fitchs latest Chart of the...
Oct 24, 2019 06:42 am UTC| Commentary Economy
The S$NEER is expected to remain elevated and to rise towards the upper bound of the MAS S$NEER policy band finally, with the SGDs outperformance to continue in the run-up to the APEC Summit set for November 16-17,...