Bank of England's first rate hike likely in H1 2016
Jan 18, 2016 22:54 pm UTC| Commentary Central Banks
Last week BOE left the monetary policy unchanged, keeping the main rate at 0.5% and the QE amount at 375 billion annually. Only one Monetary Policy Member voted for a rate hike, as was broadly expected. According to the...
BoC's likely overnight rate cut to weigh on Loonie
Jan 18, 2016 09:01 am UTC| Commentary Central Banks
Bank of Canada is likely to lower its overnight rate by 25bp on Wednesday. The price of Western Canadian Select (WCS) has declined by 50% since the central bank published its Monetary Policy Report in October. The fall has...
Bank of Canada likely to lower overnight rate by 25bp this week
Jan 18, 2016 05:06 am UTC| Commentary
The Canadian economy continues to be weighed on by the continuous weakness in oil prices. Economic activity in the non-energy sector is likely to have moderated as recent data prints have been weaker than projected....
First BoE rate hike likely in H1 2016
Jan 15, 2016 15:45 pm UTC| Commentary Central Banks
Yesterday Bank of England left its monetary policy unchanged, keeping the main rate at 0.5% and the QE amount at 375 billion annually. Only one Monetary Policy Member voted for a rate hike, as was broadly expected....
National Bank of Poland likely to change policy settings in March
Jan 15, 2016 07:28 am UTC| Commentary Central Banks
The National Bank of Polands new Monetary Policy Council (MPC) has kept its reference rate unchanged at 1.5%, on par with market forecast. There is an increased risk of rate cuts; however, the situation of stable rates for...
ECB unlikely to take policy action in forthcoming meeting
Jan 15, 2016 06:00 am UTC| Commentary Central Banks
The European Central Banks meeting due next week is unlikely to see any policy action; however, the central bank is under increased pressure to further ease policy in 2016 due to the worsening outlook of inflation. We...
Banxico unlikely to increase intervention amount at this stage
Jan 14, 2016 16:01 pm UTC| Commentary Central Banks
Banxico, as of today, sells 200mn USDMXN at a minimum price of +1.0% above the previous-day FIX and an additional 200m at +1.5%. The Central Bank is likely to fine-tune its FX interventions, will likely make operational...
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