Deepti's Feed
Apr 9, 2015

Weak economy to drag Canadian dollar lower over next 12 months

By Deepti Govind

(Reuters) – The Canadian dollar will not gain back any ground against its U.S. counterpart in the coming year as the resource-dependent economy feels the pinch of low crude oil and commodity prices, a Reuters poll found.

Canada is the world’s fifth largest producer of oil and a steep slump in its price since June last year has led to falling revenues at energy firms and pushed the currency down 10 percent in 2014. It has lost another 8 percent so far this year.

Apr 1, 2015

RBI to leave repo rate on hold next week but cut 25 bps by end-June – Reuters poll

BENGALURU (Reuters) – The Reserve Bank of India (RBI) will most likely leave its benchmark interest rate unchanged at 7.50 percent at next week’s policy meeting, but reduce it by 25 basis points by the end of June, a Reuters poll found.

Only nine of the 40 economists surveyed this week expect the RBI to cut the repo rate at the April 7 meeting, while four said it would lower banks’ cash reserve ratio to boost their lending power.

Apr 1, 2015

RBI to leave repo rate on hold next week but cut 25 bps by end-June

BENGALURU, April 1 (Reuters) – The Reserve Bank of India
will most likely leave its benchmark interest rate unchanged at
7.50 percent at next week’s policy meeting, but reduce it by 25
basis points by the end of June, a Reuters poll found.

Only nine of the 40 economists surveyed this week expect the
RBI to cut the repo rate at the April 7 meeting,
while four said it would lower banks’ cash reserve ratio to
boost their lending power.

Feb 26, 2015

Bank of England rate hike timing has forecasters split down the middle – Reuters poll

By Hari Kishan and Deepti Govind

(Reuters) – The timing of an eventual Bank of England decision to raise rates from a record low has forecasters split again after a short period of relative agreement, according to a Reuters poll that appears to be pushing the day further into the future.

Thirty-three of 61 economists polled this week expect the Bank to raise rates by the fourth quarter of this year, but 28 now predict they will wait until early 2016 at least.

Feb 26, 2015

SNB expected to leave rates below zero; on hold through second quarter 2016: Reuters poll

ZURICH/BENGALURU (Reuters) – Switzerland’s central bank is expected to keep its benchmark interest rate below zero until at least 2016 and is likely to slash growth forecasts for this year, a Reuters poll found.

The Swiss National Bank will announce its rate decision on March 19. It will be the first of its regular quarterly monetary policy decisions since it shocked financial markets in January by scrapping a three-year-old cap on the value of the Swiss franc against the euro.

Feb 26, 2015

SNB expected to leave rates below zero; on hold through Q2 2016

ZURICH/BENGALURU, Feb 26 (Reuters) – Switzerland’s central
bank is expected to keep its benchmark interest rate below zero
until at least 2016 and is likely to slash growth forecasts for
this year, a Reuters poll found.

The Swiss National Bank will announce its rate decision on
March 19. It will be the first of its regular quarterly monetary
policy decisions since it shocked financial markets in January
by scrapping a three-year-old cap on the value of the Swiss
franc against the euro.

Feb 5, 2015
via MacroScope

Timing of first Bank of England rate hike still a guessing game

Photo

A year and a half after Citi became the first major bank to pencil a Bank of England interest rate hike into their forecasts, nobody appears to be any more sure of when this actually will happen.

The Reuters consensus for the timing of policy tightening has bounced around from one quarter to another, with some of the biggest revisions among gilt-edged market makers — the large dealers in British government bonds — also coming in the past four months.

Jan 30, 2015

Reuters Poll – RBI seen holding rates steady on Tuesday, minority of analysts expect cut

BENGALURU (Reuters) – The Reserve Bank of India, having cut interest rates on Jan. 15, is likely to keep them steady at a policy review next week, according to economists in a Reuters poll who said future moves could depend on the government’s annual budget in late February.

RBI Governor Raghuram Rajan, who is mandated to set policy independently, signalled after an unscheduled rate cut earlier this month that any further easing would depend on New Delhi’s commitment to rein in spending and implement reforms.

Jan 30, 2015

India seen holding rates steady on Tuesday, minority of analysts expect cut

BENGALURU, Jan 30 (Reuters) – The Reserve Bank of India,
having cut interest rates on Jan. 15, is likely to keep them
steady at a policy review next week, according to economists in
a Reuters poll who said future moves could depend on the
government’s annual budget in late February.

RBI Governor Raghuram Rajan, who is mandated to set policy
independently, signalled after an unscheduled rate cut earlier
this month that any further easing would depend on New Delhi’s
commitment to rein in spending and implement reforms.

Dec 17, 2014

BSE Sensex to hit 32,980 by Dec. 2015 – Reuters Poll

BENGALURU (Reuters) – Indian shares will continue this year’s big rally in 2015, propelled by the passage of key fiscal reforms, according to analysts in a Reuters poll who see another year of 20 percent-plus gains.

The poll of 18 analysts, taken in the past week, predicts the Sensex will hit 30,000 by June and 32,980 by December 2015. The index – which closed at 26,781.44 on Tuesday – has gained around 27 percent this year, trumping most major indices.

    • About Deepti

      "Specialist Polling Correspondent on the Reuters Polls team. Poll, report and write on the global economy and financial markets. Specializing in leading the Reuters Polls' coverage on the global economy and central bank monetary policy since April 2014. First joined Reuters in 2008 as a correspondent covering U.S. small and mid-cap technology stocks and returned in 2011 after a short stint as a freelance web content writer. Hold a journalism degree from Madras University."
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