South Korean central bank likely to keep rates on hold until end of 2016
Feb 15, 2016 06:37 am UTC| Commentary Central Banks
The Bank of Korea, at its upcoming meeting, is likely to keep its policy rate unchanged at 1.50%. The committee is expected to discuss the current global financial market volatility during the meeting, while several...
South Korean won likely to fall against US dollar, BoK rate decision in focus
Feb 12, 2016 12:30 pm UTC| Commentary Central Banks
USD/KRW remains well supported above 1200.00 marks. Since the start of this week, pair remains range bound in between 1211 to 1185 marks. BOK will announce its interest rate decision by next week on February...
Strong yen puts pressure on BoJ
Feb 12, 2016 11:47 am UTC| Commentary Central Banks
The Japanese stock market indices continue to decline as Nikkei lost more than 750 points since morning. The losses amounted to more than 10% since the Chinese stock markets have been closed for New Year celebrations. The...
Additional measures needed for Riksbank to tackle low inflation
Feb 12, 2016 05:39 am UTC| Commentary Central Banks
The Riksbanks decision to lower its repo rate further below zero suggested that the central bank is ready to keep aside its concerns regarding strong domestic demand and a housing market bubble in a bid to tackle very low...
Massive Swedish surprise courtesy Riksbank
Feb 11, 2016 10:15 am UTC| Commentary Central Banks
Riksbanktook market participants by surprise with larger than expected rate cut. Market was expecting it would cut interest rates further into the negative from current -0.35% but not more than -0.45%. Now Riksbankdid a...
Norges Bank likely to cut rates in March
Feb 11, 2016 06:49 am UTC| Commentary Central Banks
The Norges Bank board, during its MPC-meeting in December, had hinted that they were mostly likely to lower rates in March rather than keep them unchanged. The Norges Bank was earlier expected to keep rates on hold in...
Bangko Sentral ng Pilipinas likely to raise policy rate in 2H16
Feb 11, 2016 03:03 am UTC| Commentary Central Banks
The Bangko Sentral ng Pilipinas (BSP) is not in a rush to tweak its monetary policy, especially with the imminent implementation of the new rate corridor. There has been some chatter about the BSP introducing new...
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