Can RBA completely rely on Fed's help?

Nov 12, 2015 11:24 am UTC| Commentary Central Banks

AUD/USD performance after the US labor market data is likely pleasing the Reserve Bank of Australia. However, its plans are not working completely. There are reasons to be positive that Federal Reserve doing some of...

Weaker EUR-USD levels likely in medium-term

Nov 12, 2015 11:18 am UTC| Commentary

US Federal Reserves dovish members arebeing watched by the market participants until the FOMCs next meeting in December. Not even Evans can be considered to be a classical dove any longer as, in his own words, even he...

BoK keeps benchmark rate at 1.5%

Nov 12, 2015 09:45 am UTC| Commentary Central Banks

Bank of Korea opted to keep its benchmark interest rate at a record low of 1.5%. There are various factors cause the Bank to keep its benchmark rate at record low. The U.S. Fed rate hike is likely in December, which may...

Philippines' BSP likely to be on hold through 2016

Nov 12, 2015 09:33 am UTC| Commentary Central Banks

As predicted by consensus, Bangko Sentral ng Pilipinas(BSP) was on hold at 4.00%. This is 9th time that BSP took the same decision, also leaving its SDA rates at 2.5% and RRR steady. There is low inflation and sluggish...

PBoC likely to continue usual easing

Nov 12, 2015 09:23 am UTC| Commentary Central Banks

PBoC started easing monetary policy one year back and fiscal policy easing 6 months back. The credit growth started to accelerate in middle of the year. Nevertheless, signs of recovery are still awaited. Net amount of...

USD/TRY targeted at 2.90 by end of 2015

Nov 12, 2015 08:46 am UTC| Commentary

Turkeys current account data released yesterday showed surplus for first time since 2009. The current account data benefitted the lira, the TRY basket gained 0.6% during the session. The current-account balance posted a...

Fed may deliver four 25bp hikes

Nov 12, 2015 07:34 am UTC| Commentary Central Banks

In the mid of challenging global environment, the Fed opted for a rate hike to bring the global economy back on track. Fed policy outlooks are expected to be more divergence than the rest of the world and fairly priced...