Unemployment shows why ECB can do more
Dec 01, 2015 13:00 pm UTC| Commentary Central Banks
Euro zone unemployment rate dropped to 10.7% in October from 11% two month back. We at FxWirePro, have been arguing for further ECB action for quite some time, hints of which finally came at last meeting and action is...
RBA policy – assessing the bias
Dec 01, 2015 09:28 am UTC| Commentary Central Banks
Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. RBAs decision has given support to Aussie, which is now trading at 0.729 against Dollar, up 0.85% so far today. Reserve bank...
Sweden's Riksbank's rate cut likely in December
Dec 01, 2015 07:48 am UTC| Commentary Central Banks
The Sweden economy is in upward momentum in past four quarters, as the economys average quarterly growth was 0.9%. Various macroeconomic indicators have improved. The number of hours worked rose by 0.4% y/y in Q3 and...
Dec 01, 2015 07:35 am UTC| Commentary Central Banks
After the recent remarks by Mario Draghi has fueled the markets anticipations on further action, it should become easier to get a consensus that the central bank will give at least something to the market. Currently, any...
Bank of Indonesia likely to cut rates twice in H1 16
Dec 01, 2015 07:27 am UTC| Commentary Central Banks
The Bank of Indonesias December meeting is on the same day as that of US Fed. The central banks decision to cut the reserve requirement ratio indicates the clear need of easing ahead. With better inflation expectations...
Reserve Bank of India leaves the CRR unchanged
Dec 01, 2015 05:58 am UTC| Commentary Central Banks
By assessing the current and evolving macroeconomic situation, the Reserve Bank of India has decided to to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 pct of net demand and time liability...
RBA leaves cash rate unchanged, likely to be on hold till February
Dec 01, 2015 04:41 am UTC| Commentary Central Banks
Reserve Bank of Australia has decided to leave the cash rate same at 2.0%, as broadly expected and markets were not surprised at this decision. Australias domestic economy growth is seen as moderate but there is a slow...
UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery
FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update