Why the Japanese economy is stuck in a holding pattern

Sep 22, 2016 11:58 am UTC| Insights & Views Economy

The Bank of Japan is pulling yet another new monetary policy out of its bag of tricks in a bid to combat deflation, this time its yield-curve control. This is the latest in a history of unusual monetary policy, such as...

Polish zloty hits 1-month high following Fed’s decision to keep rates unchanged

Sep 22, 2016 11:09 am UTC| Commentary Economy

The Polish zloty hit a one-month high, following the outcome of the Federal Open Market Committee (FOMC) meeting held Wednesday, where it decided to remain on hold, striking a possibility of a December rate hike. The...

Renminbi Series

Yuan’s inclusion in SDR may lead to capital flows of $31 billion for direct allocation

Sep 22, 2016 10:30 am UTC| Commentary Economy

The International Monetary Funds new Special Drawing Rights basket which includes the yuan will take effect on October 1. The weights of the basket currencies will be in the manner of 41.73 percent for the US dollar, 30.93...

Economic uncertainty likely to weigh on UK’s growth; BoE expected to slash rate in November

Sep 22, 2016 09:53 am UTC| Commentary Economy Central Banks

Economic uncertainty is likely to weigh on the growth outlook of the United Kingdom, with post-referendum deceleration still in prospect, although recent data have proved to be resilient. Since the Bank of Englands...

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...

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...

USD/CNH likely to face downside risks as China’s FX reserves drop to lowest since 2012

Sep 22, 2016 07:14 am UTC| Commentary Economy

Chinas foreign exchange reserves have dropped to its lowest level since 2012, reflecting that the Peoples Bank of China (PBoC) should have defended USD/CNY at 6.70 last month. Looking ahead, it is expected that the PBoC...