ASIC gives the banks cause for Christmas celebration

Dec 22, 2016 03:50 am UTC| Law Economy

Christmas is a time to forgive and forget and the Australian Securities and Investments Commission (ASIC) sure knows how to distribute good cheer at Yuletide, especially to old friends such as the big four banks. On...

Central Banking Series

PBoC may start another round of policy easing by Q2 2017 – Deutsche Bank

Dec 21, 2016 16:40 pm UTC| Commentary Economy Central Banks

Growth stability in China has alleviated concerns over a hard landing, as quasi fiscal spending pushes up infrastructure investment. Upbeat property market is largely driving stability in Chinas activity data. Chinas GDP...

PBoC infuses cash through X-Repo to snap bond markets out of sharp declines

Dec 21, 2016 15:24 pm UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) had been trying to suppress growing risks in the domestic bond market, which was seen as overheated and displaying characteristics of a bubble by many analysts, citing high leverages in the...

UK long-term inflation expectations above 2-year high in Dec - Citi/YouGov survey

Dec 21, 2016 14:49 pm UTC| Commentary Economy

A survey by conducted jointly by Citi bank and YouGov showed on Wednesday that UKs long-term inflation expectations hit a more than two-year high in December, as consumers braced for a bout of higher prices after the...

Central Banking Series

PBoC to tighten supervision of shadow banking businesses; aims to prevent asset bubbles in 2017

Dec 21, 2016 14:33 pm UTC| Commentary Central Banks Economy

The Peoples Bank of China is set to tighten supervision of shadow banking businesses in an effort to prevent asset bubbles in 2017 and to place greater importance on managing financial risk. The PBOC also urged financial...

Why academics consulting with industry on health care may be an idea whose time has come

Dec 21, 2016 14:28 pm UTC| Insights & Views Business Economy

Perhaps ironically, the advent of the Trump presidency could signal an even greater role for academics in shaping public policy. The president-elect has set out an ambitious agenda, but with many details left to fill in,...

UK long-term inflation expectations at highest level since 2014

Dec 21, 2016 12:56 pm UTC| Commentary Economy Central Banks

According to a Citi/YouGov poll, the long-term inflation expectation, which is for 10 years has reached 3 percent, the highest level since September 2014. It is up from 2.8 percent level seen in the previous survey. It...