How central banks’ rate cuts impact riskier assets
Modest and steady rate cuts from G10 central banks, particularly the Federal Reserve (FED), are likely to keep riskier assets like equities and emerging markets well...
Modest and steady rate cuts from G10 central banks, particularly the Federal Reserve (FED), are likely to keep riskier assets like equities and emerging markets well...
SBV has revised its green banking framework to address challenges in green lending, aiming to promote sustainable finance and facilitate access to green credit for...
As central banks rev up their monetary policy easing cycles, thoughts will undoubtedly turn to the extent of rate cuts that we are likely to see over the cycle.
For much of this year the market has assumed that FED would be amongst the most cautious of the central banks when cutting rates. But just recently the momentum has...
The State Bank of Vietnam (SBV) has proposed using credit scoring to better manage the banking sector and promote the development of finance and fintech companies.
There is clearly a sense that central banks are looking to cut policy rates, in many cases before inflation has reached target and a considerable time before central...
Austrian ECB member, and noted hawk Robert Holzman described the Fed as being the “gorilla in the room” when it comes to ECB decisions on policy easing.
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end...
Last week, we heard from policymakers at two European central banks; the ECB and the Riksbank. But while their economic situations and monetary policy outlooks appear...
There is an enormous focus on when central banks, particularly the Fed, will start to reduce rates and the number of likely cuts in 2024.
We often hear that movements in market interest rates, and other financial prices are “doing the central bank’s work”.
The Swiss National Bank destroyed this image with its surprise 25-bps rate cut. It is what other central banks might do?
The Government has directed the State Bank of Vietnam (SBV) to urgently inspect and supervise to stabilise the gold market.
A plethora of central bank meetings this week threatens to temporarily reverse the significant fall in currency market volatility that has been in place for some time.
That’s what we think other G10 central banks should – and will - do when they consider rate policy this year. It means that they should still push ahead with rate cuts...
The issuance of gold certificates is common in some countries. Instead of holding gold, people can keep gold certificates issued by the central bank that can trade on...
Just as G10 central banks collectively tightened policy through 2022 and much of 2023, so markets anticipate a collective easing of policy starting in the next few...
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There seems to be a pretty common narrative that if inflation starts to stick, rather than fall, it will either delay central bank easing or, at worst, force more rate...
The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...