Currency War Series

Currency War Series

ECB likely to cut deposit rate at today’s meeting

Dec 03, 2015 06:56 am UTC| Commentary Central Banks

The ECB has given a hint of adjusting its asset purchase program along three tools, such as time commitment, pace, and composition. A change in time and pace may be expected, but it is a less effective toll to influence...

Currency War Series

FED hike – where probabilities stand?

Dec 02, 2015 14:25 pm UTC| Commentary Central Banks

Official stance in US monetary policy is that it will be data-dependent and the FOMC members will probably takethe opportunity to hike rates in thefinal meeting of the year, if inflation data and financial conditions...

Currency War Series

ECB meeting could trigger a chain reaction across major central banks

Dec 02, 2015 11:26 am UTC| Insights & Views Central Banks

December is turning out to be an interesting month in terms of central banks monetary policy decisions. All eyes are on the much awaited European Central Bank meeting on Thursday, 3rd December which could possibly trigger...

Currency War Series

BoC’s likely to hike rates in imminent future

Dec 02, 2015 10:09 am UTC| Commentary Central Banks

Import prices in Canada have increased by 10.3% year on year and export prices by only 1.8%. As a result, terms of trade of the economy are becoming worse. This also leads to an inflationary pressure in the...

Currency War Series

BoK likely to deliver another 25 bp rate cut in Q1 16

Dec 02, 2015 04:16 am UTC| Commentary Central Banks

Korean governments increased efforts to recycle Koreas current account surplus is in line with the focus on engineering a weak KRW bias will continue. The broader trend stays steady, marked by slow inventory clearance and...

Currency War Series

Taiwan central bank to cut policy rates again, possibly by another 12.5bp in December

Dec 01, 2015 23:31 pm UTC| Commentary Central Banks

Regarding monetary policy, oya GDP growth, which attract most attention from policymakers and the public, is expected remain negative in 4Q15 and 1Q16. Indeed, even the governments forecast of 1.06%oya for full-year 2015...

Currency War Series

ECB to ease on multiple fronts

Dec 01, 2015 22:31 pm UTC| Commentary Central Banks

Recent Euro area data have been stronger than expected, suggesting some upside to the near-term growth trajectory. Expectations run high that the ECB will implement broad-based easing. Rather than a fine-tuning step the...