Timing not right for a rate cut in Indonesia
Jan 11, 2016 02:39 am UTC| Commentary Central Banks
Bank Indonesia begins its 2-day monetary policy meeting on Wednesday. The 2-day monthly meeting is a new format that the central bank adopts starting this month. There is definitely plenty to ponder this month, given how...
China's currency plan still on track, despite global market volatility
Jan 11, 2016 00:43 am UTC| Insights & Views
The recent equity market volatility in China is unlikely to derail plans for the internationalisation of the Renminbi (RMB). Why? Because China is too far down the track, most of the changes needed are for domestic...
ECB minutes and data to shed further light on prospects of extra easing
Jan 08, 2016 19:15 pm UTC| Commentary Central Banks
Decembers additional stimulus from the ECB fell short of market expectations, and it is not clear whether President Draghi wanted stronger action but was not able to muster sufficient support. The meeting minutes (Thu)...
Russia's CBR rate cuts likely delayed to March 2016
Jan 08, 2016 16:34 pm UTC| Commentary Central Banks
Russias inflation is edging lower on account of base effects, but the inflation trend is nowhere near the CBR target of 4%. The CBR will likely remains on hold at its next MPC meeting on 31 January, but as base effects...
PBoC unlikely to have specific target levels for USD/CNY or USD/CNH
Jan 08, 2016 15:42 pm UTC| Commentary Central Banks
The PBoC has been guiding the Yuan lower for the past nine days. There is definitely no basis for the RMB to devalue continuously and going forward the RMB exchange rate regime will continue to be based on market supply...
Nordic central banks to continue with low interest rates regime
Jan 08, 2016 14:33 pm UTC| Commentary Central Banks
Just as there are differences in their economic outlooks, interest-rate projections also vary across the Nordic countries. Denmark appears to be on track for a minor unilateral rate hike from its central bank (Danmarks...
Has ECB lost its power to reengineer Euro lower?
Jan 08, 2016 09:15 am UTC| Commentary Central Banks
Once again key determinant for Euros movement will be monetary policy divergence and for that European Central Bank (ECB) remains as key player. However ECB might have lost some of its power to reengineer Euro...
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