INR likely to modestly appreciate amid hopes of rise in India’s foreign reserves, says Scotiabank

Feb 13, 2020 06:12 am UTC| Commentary Economy

The Indian rupee is expected to appreciate modestly as Indias foreign reserves are expected to continue increasing amid further portfolio and repatriation inflows but at a slower pace, according to the latest research...

Sinn Féin's rise in Irish politics is down to three big economic reasons

Feb 13, 2020 00:12 am UTC| Insights & Views Economy

The rise of Sinn Féin (and the broader Left in Irish politics) is the result of three clear, interlinking economic factors. These are a growth model that has not benefited everyone, a worsening housing crisis that...

German bunds flat as investors keenly eye Q4 GDP, eurozone’s 2-tier data

Feb 12, 2020 11:53 am UTC| Commentary Economy

The German bunds remained flat during afternoon session Wednesday as investors reacted dull amid a slow trading day that witnessed data of little economic significance. However, the countrys gross domestic product (GDP)...

Malaysia records weakest growth in a decade owing to weak external demand

Feb 12, 2020 09:39 am UTC| Commentary Economy

Malaysia recorded the weakest growth of 3.6 percent y/y in a decade during the last quarter of 2019, primarily owing to weak external demand. With the Malaysian economy facing myriad headwinds, including lower tourism...

Weak UK growth unlikely to translate into BoE rate cut, says ING Economics

Feb 12, 2020 09:08 am UTC| Commentary Economy Central Banks

The UK economy failed to grow in the fourth quarter, but this is old news for markets. Optimism has increased among businesses, and while this may not fully translate into faster growth, we think it would take a more...

USD/CNY unlikely to show big movement for the time being, says Commerzbank

Feb 12, 2020 08:24 am UTC| Commentary Economy

The USD/CNY currency pair is not expected to show any big movement for the time being given the spreading Coronavirus epidemic that largely affected various parts of the country, bringing trade and business to a...

Australian bonds slump tracking recovery in Coronavirus situation, Fed Chair Powell’s speech

Feb 12, 2020 04:50 am UTC| Commentary Economy

The Australian bonds slumped during early trading hours Wednesday, as investors started to find some mid-week respite following the improvement in Coronavirus situation, further affirmed by Federal Reserve Chair Jerome...