Central Banking Series

Poland economy starts Q2 on strong note, but lack of inflationary pressure to keep NBP's easy monetary stance intact

May 22, 2017 12:01 pm UTC| Insights & Views Economy Central Banks

The Monetary Policy Council of the National Bank of Poland (NBP) decided to keep the interest rates on hold at last weeks meeting and indicated that it may not start to lift interest rates next year as analysts had...

U.S. Treasuries lose ground on strong cues from global equities; FOMC speeches in focus

May 22, 2017 11:47 am UTC| Commentary Economy

The U.S. Treasuries lost ground at the start of the week on Monday in reaction to strong cues from the Wall Street ahead of a host of speeches by the Federal Open Market Committee (FOMC) members Harker and Kashkari,...

UK gilts mixed ahead of PM May’s speech, Q1 GDP data

May 22, 2017 10:29 am UTC| Commentary Economy

The UK gilts remained mixed Monday as investors wait to watch the countrys Prime Minister Theresa May speak later in the day. Also, market participants are eyeing the release of the countrys first-quarter gross domestic...

German bunds narrowly mixed ahead of Eurogroup meeting, Q1 GDP

May 22, 2017 08:59 am UTC| Commentary Economy

The German bunds traded narrowly mixed Monday ahead of a meeting of the Eurogroup ministers later in the day. Also, investors remain focused to watch the countrys first-quarter gross domestic product (GDP) data, scheduled...

USD/INR likely to gradually rise to 67.50 by year-end, owing to RBI’s monetary divergence with the Fed: Commerzbank

May 22, 2017 08:05 am UTC| Commentary Economy

The Goods and Services Tax (GST) Council has assigned the tax rates for around 1,200 goods and 500 services ahead of the planned implementation on July 1. There will be four tax rates, ranging from 528 percent. All that...

Central Banking Series

BoT likely to keep rates unchanged at this week’s meeting, says DBS Bank

May 22, 2017 06:23 am UTC| Commentary Central Banks Economy

The Bank of Thailand (BoT) is widely expected to keep rates steady this week. Indeed, there is no reason why the central bank will tinker with its policy rate at any point this year. The pick-up in private consumption...

Australian bonds range-bound in thin trading activity; upbeat riskier assets weigh

May 22, 2017 04:48 am UTC| Commentary Economy

The Australian bonds traded range-bound at the start of the trading week as investors remain aloof from major trading activity amid signs of possible muted session as market lacks release of any influential data. Further,...