ECB likely to stay pat as market waits to factor earlier measures
May 30, 2016 08:34 am UTC| Commentary Central Banks
The European Central Bank is expected to stay on hold at its policy meeting, scheduled on Thursday since certain comprehensive measures that were ruled out in March, are still waiting to be implemented. Against such a...
BoC keeps key policy rate on hold, external risks to economic growth remain
May 26, 2016 06:09 am UTC| Commentary Central Banks
The Canadian central bank yesterday maintained its key interest rate at 0.5%, on par with expectations. The Bank of Canada noted that the outline of the nations outlook has been altered amidst the Northern Alberta...
Stevens reiterates RBAs commitment to 2-3% inflation target, highlights flexible approach
May 24, 2016 13:35 pm UTC| Commentary Central Banks
RBA Governor Glenn Stevens communication today had no major market implications. As largely expected, Stevens spoke today on inflation, emphasising the importance of the 2-3% inflation target. He said that the Bank takes a...
Japan likely to introduce fiscal stimulus package, BoJ expected to further ease monetary policy
May 23, 2016 06:20 am UTC| Commentary Central Banks
During the upcoming G7 summit in Japan on 26-27 May, Japan is likely to lead the flexible fiscal policy management, said Barclays in a research report. Japans public sector expenditure is likely to be normal again post...
Danmarks Nationalbank likely to intervene in FX to support EUR/DKK in coming months
May 20, 2016 12:33 pm UTC| Commentary Central Banks
In April, the Danish central bank did not sell the Danish krone in FX intervention after the EUR/DKK pair dropped to 7.4400. The pair dropped below 7.4400 at the starting of this month. The Danmarks Nationalbank (DN) is...
RBA minutes lack explicit easing bias, but extent of infation downgrades keep alive rate cut bets
May 17, 2016 13:31 pm UTC| Commentary Central Banks
Minutes of the RBA May 3rd policy meet definitely lack explicit easing bias. Minutes reveal no sense of urgency for the Bank to cut rates, the Bank debating the merits of cutting or awaiting further information. Hence a...
Brazil Central Bank likely to cut rate, BRL to snap rally
May 17, 2016 10:43 am UTC| Commentary
The Brazilian Central Bank is likely to engage in a rate-cutting cycle, soon, according to reports published by the Commerzbank. The newly-elected Temer-led administration is likely to witness a snap in the continuous...
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