German 10-year bund yields fall to 2-week low as Fed maintains dovish stance

Sep 22, 2016 09:24 am UTC| Commentary

The German bunds rallied Thursday after the United States Federal Reserve left interest rates unchanged and downgraded the economic outlook, encouraging investors to seek safe-haven assets. The yield on the benchmark...

Ringgit remains volatile to cross-border portfolio flows; subdued internal uncertainty persists

Sep 22, 2016 09:16 am UTC| Commentary Economy

The Malaysian ringgit remains susceptible to external factors that drive cross-border portfolio flows and playing a decisive role in influencing the MYR exchange rate in the coming months as Malaysias domestic political...

RBNZ Monetary Policy: Assessing future bias

Sep 22, 2016 09:04 am UTC| Commentary Central Banks

Reserve bank of New Zealand (RBNZ) kept the policy rate at 2 percent in last nights meeting and the New Zealand dollar didnt move much as the move was widely expected. Lets see in the monetary policy, how the bias...

Norges Bank leaves policy rate unchanged, removes easing bias

Sep 22, 2016 09:01 am UTC| Commentary Central Banks

As widely anticipated, the Norwegian central bank, Norges Bank, left the key policy rate unchanged at 0.50 during its policy review meeting today. The Norges Bank lifted the interest rate path considerably and removed its...

Mexican retail sales to continue to surprise on upside in near term

Sep 22, 2016 08:54 am UTC| Commentary

The Mexican central banks August monetary policy statement had a surprisingly dovish remark regarding the second quarter private consumption. In light of the strongest retail sales growth in the history of the series, Bank...

Global Geopolitics Series

Global Geo-political Series: US-Saudi Arabia relation might sour over 9/11 bill

Sep 22, 2016 08:29 am UTC| Commentary

United States congress is considering a bill that would allow the 9/11 victims to sue to Saudi Arabia. That move was criticized by Saudi crown prince Mohammad bin Nayef, who told the United Nations General Assembly that...

Bank Indonesia targets prevention of excess IDR volatility; FX reserves rise in August

Sep 22, 2016 07:44 am UTC| Commentary Economy Central Banks

Indonesias foreign reserves rose during the month of August; however, this is hardly surprising given that foreign inflows into equities and Indonesian government bonds amounted to USD 10 billion in the same period. In...