OctaFX | OctaFX Forex Broker
Open trading account
Back

India: Expect 25bps cut in monetary policy – BBH

FXStreet (Delhi) – Research Team at BBH, expect the Reserve Bank of India to to cut policy rates by 25 bp on its forthcoming policy meet on Tuesday which simply underscores the divergence theme with the US Fed and other central banks of across the globe.

Key Quotes

“Last Friday’s surprise 25 bp hike by Colombia (and Peru before that) is seen as counter-trend, with some Latin American nations struggling with inflation. However, most in EM are struggling with deflationary risks and many central banks are responding to this by easing policy. We see this continuing into 2016, and adding to the bullish case for the dollar.”

Oil begins the week on a softer note

Oil prices at the both the sides of the Atlantic dipped on Monday as investors ignored the upward revision of the US Q2 GDP and remained focused on excess supply and weaker global growth.
Read more Previous

United States Core Personal Consumption Expenditure - Price Index (YoY): 1.3% (August) vs 1.2%

United States Core Personal Consumption Expenditure - Price Index (YoY): 1.3% (August) vs 1.2%
Read more Next
Start livechat