If You Can't Beat 'Em, Join 'Em!
Yesterday, the minutes of the most recently concluded MPC monetary policy meeting revealed that Adam Posen, one of the two dudes who were rallying for an increase in the asset purchase program, joined the majority in seeking for no change.
3 Reasons Why Conditions in Europe Will Probably Get Worse
The euro may have rallied strongly yesterday, but I have my suspicions that it won't last long. In this edition of Piponomics, I'm going to discuss my top 3 reasons why conditions in the euro zone will probably get worse!
What FX Analysts Think Of The BOC Statement On Tuesday
The Bank Of Canada is expected to leave its interest rate at 1% on Tuesday. This would mark the 13 consecutive meeting at which the BOC keeps its overnight target rate unchanged.But as inflation is running near its upper band, analysts have.
AUD - Preview: RBA Minutes A Reminder of Dovish Central Bank
In the upcoming Asian trading session the RBA releases its meeting minutes giving us further insight into why the the bank believes growth has undershot expectations and what would be needed to bring about a reduction in rates, provided that infl
U.S CPI Increased by 0.3% in March – April Report
The Bureau of Labor Statistics published yesterday the latest report of the U.S inflation for March 2012. According to the report the consumer price index increased by 0.3% and in annual terms the US CPI increased by 2.9%. The consumer price inde
More BOJ Asset Purchases in Store?
Unless you've been living under a rock, you'd know that the BOJ remained mum about further easing during their latest statement. Could this mean that they're cooking up another surprise for the markets?
Is China's Strength For Real?
With the Chinese GDP set to be released later this week, I decided to take a look at other recent data and dig a little deeper. Unfortunately, it seems that recent reports have been big on headlines but rather shallow in terms of actual productio
Central Bank News Link List - 6 April 2012
BoE holds rate, NY Fed official quits, Russian CB says inflation target tough, analysis on the Fed's policy outlook, Sri Lanka CB hikes rate, and a piece on Asian loan loss provisioning.
It's the Bank of England's Turn
Tomorrow, at 11:00 pm GMT, another interest rate decision will rock the foreign exchange market. This time, it is the Bank of England that will take center stage. If you're into trading the news, then you will not want to miss the event!
Monetary Policy Week in Review - 31 March 2012
The past week in monetary policy saw 5 banks announcing reductions to their official interest rates: Morocco -25bps to 3.00%, Belarus -200bps to 36.00%, Romania -25bps to 5.25%, Albania -25bps to 4.25%, and Kazakhstan -50bps to 6.50%. The Bank o
Monetary Policy Week in Review - 24 March 2012
The past week in monetary policy saw 8 central banks announcing monetary policy decisions. Of those that changed interest rate levels, Mauritius cut its rate -50bps to 4.90%, and Ukraine cut -25bps to 7.50%, while Iceland increased +25bps to 5.0
Could Higher Inflation Change The Mind Of Canada’s Mark Carn
According to recent consumer inflation figures published by Statistics Canada, Canadian prices rose for the second month in February – mildly surprising some analysts. For the record, inflationary pressures mounted a 2.6% gain for the month, as


