from MacroScope:

Brazil’s currency tests central bank’s patience

October 5, 2015

Brazil's Central Bank President Tombini gestures during a public hearing of the Budget Joint Commission in the Chamber of Deputies in Brasilia

The Brazilian real's dramatic drop has left the central bank with two options: jack up rates aggressively in one startling move, or tolerate higher inflation for longer.

from MacroScope:

Yellen faces her biggest test after years of Fed coddling markets

September 23, 2015

A trader works underneath a television screen showing Federal Reserve Chair Janet Yellen announcing that the Federal Reserve will leave interest rates unchanged on the floor of the New York Stock ExchangeThey say every top central banker faces a "test," and this may be it for Federal Reserve Chair Janet Yellen.

from Expert Zone:

India Markets Weekahead: Mid-caps will be in action amid consolidation

By Ambareesh Baliga
September 20, 2015

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

A trader works underneath a television screen showing Federal Reserve Chair Janet Yellen announcing that the Federal Reserve will leave interest rates unchanged on the floor of the New York Stock Exchange in New York September 17, 2015.  REUTERS/Lucas Jackson  The U.S. Federal Reserve’s decision to hold rates came as a relief for Asian markets, especially in India where the Nifty ended the week at 7,982, or 2.5 percent higher. However, U.S. and European markets corrected sharply on Friday due to Fed chief Janet Yellen’s comments over China’s economic slowdown.

from Morning Bid with David Gaffen:

Fed Outlook: Bet on Chaos, and All Else a Toss-Up

September 17, 2015

With great power comes great responsibility, as a wise comic-book character once said. And so the Federal Reserve's decision this afternoon bears the weight of re-establishing credibility in its ability to shift policy in more than one direction, communicate to markets its thinking, and yet - if it raises rates - to soothe investors concerned that several more rate increases are in the offing. (The Fed has repeatedly said this isn't the case, but who knows how markets interpret things sometimes.)

from MacroScope:

Sweet spot for UK pay could be just the nectar the economy needs

September 16, 2015

RTR309S7.jpgBritish workers have hit a sweet spot with wages rising much faster than near-zero inflation, suggesting the economy could gain further momentum as consumers spend their spare cash.

from MacroScope:

Inflation may still be far off target, but rates will soon be rising

September 15, 2015

USA/Inflation may be far off target but economists are convinced the United States Federal Reserve and the Bank of England will soon begin raising rates from near zero - with the Fed poised to act as soon as Thursday.

from MacroScope:

This time, BOJ could wait and watch before coming to yen’s rescue

September 15, 2015

U.S. one-hundred dollar bill and Japanese 10,000 yen notes are spread in TokyoThe Japanese yen has strengthened unexpectedly by about 4 percent over the last month and it could rise further if the U.S. Federal Reserve delays a rate hike and the dollar weakens.

from MacroScope:

Many say it’s time for the ECB to ramp up QE. But how to make it work?

September 14, 2015

RTX1QWU5.jpgThat the European Central Bank will have to soon add to its massive stimulus programme is fast becoming the consensus view among economists, although how it will do that effectively is far from clear.

from MacroScope:

Stronger dollar still set to fuel inflation in Latin America, despite weak growth

September 10, 2015

A customer selects bananas as others buy goods at a fruit and vegetable store in CaracasFor months, Latin America's inflation has been surprisingly steady given the steep drop of their currencies. Weak growth helped curb prices - but that may be about to change.

from MacroScope:

Japan inflation expectations wilting once again

September 9, 2015

Not againThe biggest attention grabber out of Japan is today's 7.7% moonshot on the stock market, based on hopes of further central bank stimulus in Asia as well as an expected corporation tax cut over the next few years. Never mind that this comes just one day after the Nikkei joined many other major global stock indexes in wiping out its gains for the year.