Improving headline CPI and wage inflation to pave the way towards the first BoE rate hike in 2016
Jan 07, 2016 16:10 pm UTC| Commentary Economy
UKs economy in 2016 is likely to see a decent growth at 2%, down from an estimated 2.2% in 2015 and 2.9% in 2014, supported by growth in consumer spending. However as real income gains slow on the back of gradually rising...
Are currency wars likely to be the new norm in 2016?
Jan 07, 2016 14:35 pm UTC| Commentary Central Banks
2016 view is not significantly different from that in 2015 - mainly because many of the variables havent changed very much. Major central banks around the globe will do very little to alter their current paths. The BoE...
BoJ unlikely to expand QE further in 2016
Jan 07, 2016 06:48 am UTC| Commentary Central Banks
The Japanese yens safe-haven appeal is in high demand in start of 2016 after Chinas central bank devalued its currency again, creating even more uncertainty among investors. The USD/JPY cross was trading 0.43% lower at...
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...
UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery
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