Poland's wages and inflation continue to diverge

Dec 17, 2015 10:14 am UTC| Commentary

Poland inflation came in softer than what was expected in the month of November, even if the industrial wage growth surprised in upward trajectory, which continues the divergence between both.Wages growth was speedy than...

Central Bank of Chile likely to stand pat on sluggish October activity

Dec 17, 2015 09:59 am UTC| Commentary Central Banks

Chile central bank CBCs overnight rate is currently at 3.25%. The central bank is expected to rise its over night rate slightly by 25 bp by the market consensus, while some market participants expect it to be on hold in...

Currency War Series

Philippines' BSP may hike rate in Q2 17

Dec 17, 2015 09:45 am UTC| Commentary

The central bank of Philipinas holds its current policy rate unchanged at 4.00%, as expected. The bank also kept SDA rates unchanged at 2.50% and the reserve requirement ratio unchanged at 20%. The BSP holds the bank rates...

Fed Hike Aftermath Series

FED hike aftermath series – stocks rise baffling bears

Dec 17, 2015 09:45 am UTC| Commentary

Bulls in the stock market just implied that they are not going to be dented by a mere 25 basis points rate hike, which the case should be, since FED policy is still very accommodative and going by FED chair Janet Yellen,...

Fed Hike Aftermath Series

FED hike aftermath series : FED projections – dovish or hawkish?

Dec 17, 2015 09:43 am UTC| Commentary

No major volatility swing after FOMC participants hiked 25 basis points in Federal funds rate as the move was well anticipated. Chair Yellen, also in her press conference, assured market of FEDs gradual progression over...

Fed Hike Aftermath Series

FED hike aftermath series: dotplot isn’t matching gradual assurance

Dec 17, 2015 09:41 am UTC| Commentary

Last night US Federal Reserve delivered its much anticipated rate hike of 25 basis points, which market took rather well. Market participants have come to the terms that one single hike, though signaling end of loose...

Banxico likely to stand pat until Q1 16

Dec 17, 2015 09:41 am UTC| Commentary Central Banks

Mexico central bank Banxicos over night rate is at 3.0% currently. Today the central bank has it monetary policy meeting, in which the bank is expected to rise its rate by 25bp by the market consensus, while some market...