from MacroScope:

Surprise monetary policy moves may become new norm in India

April 14, 2015

File photo of Reserve Bank of India (RBI) Governor Raghuram Rajan during a news conference in Mumbai

For all the measures India's central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.

from MacroScope:

Greek rumour mill in overdrive

By Mike Peacock
April 14, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

Greece returns from its Easter break with only a few days to improve on a package of reforms that the euro zone is insisting on in return for fresh bailout money.

from MacroScope:

No deflation in store for Britain

April 13, 2015

Coin.jpgWill Britain follow the euro zone into deflation? Unlikely, say a majority of the economists who participated in a Reuters poll.

from MacroScope:

Brazil gets a vote of confidence

April 7, 2015

Boys play soccer on a driftwood soccer court, on the banks of the Rio Negro or Black River in Catalao community near Manaus

Shorting Brazil is no longer the favorite sport of analysts and traders, judging by recent market trends and comments.

from Expert Zone:

Inflation targeting: Government needs to pitch in

April 2, 2015

(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)

from MacroScope:

Change in Nigeria?

By Mike Peacock
March 31, 2015

All Progressives Congresses presidential candidate and Nigeria's former military ruler Muhammodu Buhari addresses a news conference outside his house after he voted in Daura

A result in Nigeria’s close-fought election is due to be announced later. With votes from only six of 36 states uncounted, opposition contender Muhammadu Buhari has a lead of over 2.5 million votes over President Goodluck Jonathan.

from MacroScope:

Greek plan – a detailed programme or vague list of ideas?

By Mike Peacock
March 30, 2015

German Chancellor Merkel and Greek Prime Minister Tsipras leave after addressing news conference in Berlin

The Greek government has sent a reform package to its EU and International Monetary Fund creditors, hoping it will unlock desperately needed funds to stave off bankruptcy.

from MacroScope:

Could Yemen prompt an oil rally?

By Mike Peacock
March 27, 2015

 
Shi'ite Muslim rebels hold up their weapons during a rally against air strikes in Sanaa

Yemen's President Abd-Rabbu Mansour Hadi has fled his refuge in Aden for Saudi Arabia as Houthi rebels battled with his forces on the outskirts of the southern port city.

from MacroScope:

Currency concerns everywhere

By Mike Peacock
March 24, 2015

A bureau de change operator counts U.S. currency notes in Abuja

Currency concerns in the central banking world have come to the fore again.

Sweden cut interest rates further into negative territory out of the blue last week, fearing its strong currency will engender deflation. The Swiss National Bank said it would aim to weaken what it sees as a "significantly overvalued" franc. And the Bank of England flagged the risk that sterling could strengthen further and leave inflation below target for longer.

from MacroScope:

Patient: Fed may drop the word, not the idea

March 18, 2015

RTR4R4RY.jpgFed Chair Janet Yellen may signal later today that she is no longer patient about when to consider raising rates but any eventual hike is likely to come after June, judging by how many key economic reports so far this year have undercut expectations.