Economists expect three rate hikes from Fed this year
Jan 06, 2016 11:39 am UTC| Commentary
The PBoCs lower yuan fix and drop in Chinas composite PMI, upset markets risk sentiment. The emerging markets currencies are dragged down across the board as depreciating yuan is hurting regional confidence. The market...
BoC unlikely to tighten policy until at least mid-2017
Jan 06, 2016 10:49 am UTC| Commentary
In order to shield Canadian economy, the Bank of Canada is unlikely to tighten policy until at least mid-2017. When it finally does move, it will raise rates somewhat faster than the Fed. But, at about 100 basis points...
Speculations rise over further stimulus hint from ECB
Jan 06, 2016 10:14 am UTC| Commentary Digital Currency
After yesterdays preliminary inflation data for December, which fell short of expectations speculations are again fuelling that there could be a stimulus hint from European Central Bank (ECB). According to flash estimate,...
Jan 05, 2016 07:05 am UTC| Commentary Central Banks
Sweden Riksbank announced that it has taken the decision required to be able to instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure. The intervention decision has...
Chinese Central Bank Injects $20 Billion to Ease Market Worries
Jan 05, 2016 06:42 am UTC| Commentary Central Banks
The Peoples Bank of China (PBoC) has injected 130 billion yuan ($20 billion) in funds into the financial system in order to ease concerns after Mondays market shock. The decision was made after Chinese stocks dropped...
BoK likely to deliver another 25bp rate cut in Q1 2016
Jan 05, 2016 04:32 am UTC| Commentary Central Banks
Korean exports are still accelerating and the underlying trend of challenging external environment likely extending in 2016, the softness in external oriented sectors will keep Bank of Korea accomodative. We maintain...
Jan 04, 2016 21:58 pm UTC| Commentary Central Banks
In a press release today, the Riksbank announced that it has taken the decision required to be able to instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure. In...
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