Bank of England likely to hold interest rate steady
Jan 30, 2017 11:36 am UTC| Economy Commentary Central Banks
The Bank of England (BoE) is expected to hold its first monetary policy meeting for 2017 on Thursday, February 2. The central bank is widely expected to maintain its interest rate at a historic low of 0.25 percent amid...
Central Bank of Russia launches dollar purchases to shield the economy from oil swings
Jan 27, 2017 14:42 pm UTC| Commentary Central Banks
Central Bank of Russia (CBR) on Thursday announced the launch of dollar purchases in conjunction with Russias FinMin to shield the economy from oil swings. The aim is to increase the stability and predictability of...
BoJ likely on hold, focus on taper amid uncertainties from U.S. policy and Brexit development
Jan 27, 2017 12:18 pm UTC| Insights & Views Central Banks
The Bank of Japan is likely to remain on hold at its first 2-day monetary policy meeting for 2017 scheduled to be held on January 31 amid signs of a more sure-footed economic recovery in Japan. Focus will be on the BOJs...
Jan 26, 2017 12:03 pm UTC| Economy Commentary Central Banks
The Central Bank of Russia (CBR) is expected to hold its first monetary policy meeting for 2017 on Friday, February 3. The central bank is widely expected to maintain its interest rate at 10 percent as the countrys...
Next week’s FOMC policy meet likely to set stage for March rate hike
Jan 26, 2017 09:06 am UTC| Economy Commentary Central Banks
The United States Bureau of Economic Analysis is expected to release its gross domestic product (GDP) for the last quarter of 2016 on Friday by 13:30 GMT. We foresee that if it comes in above 2 percent y/y, could set the...
BoJ likely to hold interest rate steady
Jan 25, 2017 12:18 pm UTC| Insights & Views Central Banks Economy
Japan on Wednesday reported its first annual trade surplus since 2011 Fukushima nuclear disaster. Data released by the Ministry of Finance on Wednesday showed that Japan posted a 4.07 trillion yen ($35.8 billion) annual...
Malaysia's Bank Negara likely to keep policy rate on hold this year
Jan 23, 2017 16:17 pm UTC| Commentary Central Banks
The Bank Negara Malaysia (BNM) held overnight policy rate (OPR) unchanged at 3.00 percent, as it was widely expected at policy meet last week. In the policy statement that followed, Bank Negara noted that the private...
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