BCB likely to start easing policy by August 2016
Mar 03, 2016 05:49 am UTC| Commentary Central Banks
The Central Bank of Brazil decided to keep the interest rate on hold. It reiterated the rational of its previous communiqué, which is that the Copom took the decision after assessing the macroeconomic situation,...
BCB likely to keep rates unchanged but upside risks of tightening remain
Mar 01, 2016 12:42 pm UTC| Commentary Central Banks
Projecting the Central Bank of Brazils action continues to be very challenging due to the deep stagflation scenario. There are arguments on both the front regarding if the central bank will resume the cycle of tightening...
Stronger US economy and ECB actions might fuel further risk affinity
Mar 01, 2016 11:58 am UTC| Commentary Central Banks
Stock markets around the globe are showing strong signs of rebound and fading risk aversion, so further actions from ECB next week and this weeks non-farm payroll data could further fuel this trend. SP 500 - We have...
Poor China's PMIs suggests monetary easing from PBoC likely to continue
Mar 01, 2016 10:40 am UTC| Commentary Economy Central Banks
Chinas central bank announced on Monday it would cut banks reserve requirement ratio, allowing banks to set aside fewer deposits which in turn encourages them to lend more. The unexpected move came one day ahead of the...
RBA policy – assessing the bias
Mar 01, 2016 08:44 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. Since it was largely expected stay put, Aussie didnt gain much from the decision. Reserve bank of Australia (RBA) after few...
China’s central bank lowers RRR, likely to further lower rates in H1 2016
Mar 01, 2016 06:49 am UTC| Commentary Central Banks
The People Bank of China recently stated that RRR will be lowered by 50bp effective 1 March 2016. This move was taken by the PBoC just after the G20 meeting and Governor Zhous comment regarding prudent but moderately loose...
RBA seems to have strengthened easing bias, but keeps cash rate unchanged
Mar 01, 2016 05:54 am UTC| Commentary Central Banks
The Reserve Bank of Australia has decided to keep the cash rate unchanged at 2%, on par with expectations. The central bank had expressed its easing bias in its recent statements saying persistent low inflation may give...
UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery
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