U.S. Treasuries slump ahead of Fed Cair Yellen’s testimony, investors eye FOMC speeches
Feb 13, 2017 11:53 am UTC| Commentary
The U.S. Treasuries plunged Monday ahead of the Federal Reserve Chair Janet Yellens testimony scheduled to be held on February 14. Also, investors are awaiting a host of speeches by few members of the Federal Open Market...
Bank of Mexico hikes overnight rates by 50 bps, likely to further tighten policy this year
Feb 10, 2017 12:25 pm UTC| Commentary Central Banks
The Bank of Mexico hiked its overnight rates yesterday by additional 50 basis points to 6.25 percent, as was widely expected. In this cycle, the total tightening has come to 325 basis points. Significantly, the central...
RBNZ monetary policy: Assessing future bias
Feb 09, 2017 11:00 am UTC| Commentary Central Banks
Reserve Bank of New Zealand (RBNZ) announced monetary policy last night and kept its key overnight cash rate unchanged at 1.75%. Lets look at the policy statement details to assess the bias According to RBNZ...
Riksbank unlikely to make changes to policy rates or asset purchases in February
Feb 09, 2017 10:53 am UTC| Commentary
The Swedish central bank, Riksbank, is unlikely to make any changes to its monetary policy during its meeting next week. According to a DNB Market research report, the policy rates and asset purchases are unlikely to see...
Philippine central bank keeps policy rates unchanged, raises 2017 inflation forecast to 3.5 pct
Feb 09, 2017 10:09 am UTC| Commentary Central Banks
The Philippine central bank kept its policy settings unchanged today, as widely expected. The interest rates were kept on hold. Policy tools have been stable since the formal shift to the interest rate corridor in June...
Feb 09, 2017 08:53 am UTC| Commentary Central Banks
The National Bank of Poland yesterday decided to keep the interest rates on hold. The Monetary Policy Council decided to keep the reference rate at 1.5 percent, deposit rate at 0.5 percent, Lombard rate at 2.5 percent and...
Feb 07, 2017 11:51 am UTC| Insights & Views Central Banks
The Reserve Bank of New Zealand (RBNZ) is scheduled to hold monetary policy meeting this Thursday when it releases its Monetary Policy Statement. A great deal has changed since the RBNZs November Statement. The RBNZ cut...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects