US under Trump Series: Sweet GM win for Trump
Jan 17, 2017 10:38 am UTC| Commentary Economy
Days after Ford Motor Company cancelled its $1.6 billion plant in Mexico and said it would invest part of that saved money in the United States and create jobs, followed by an announcement from Fiat Chrysler that it would...
BoJ likely to keep policy stance intact in near-term
Jan 17, 2017 10:32 am UTC| Economy Central Banks Commentary
The Bank of Japans (BoJ) first two-day monetary policy meeting for 2017 will take place on January 30-31. We foresee that the central bankwill remain committed to holding the 10-year JGB yields near zero, while keeping...
IMF raises 2017 global economic growth forecast to 3.4 pct
Jan 17, 2017 09:30 am UTC| Economy Commentary
The International Monetary Fund (IMF) in its latest report named World Economic Outlook raised economic growth forecast for 2017 to 3.4 percent, from the previous estimate of 3.1 percent. Global growth for 2016 is now...
IMF lowers Indias FY16-17 economic growth forecast, citing government's demonetisation
Jan 17, 2017 09:04 am UTC| Economy Commentary
The International Monetary Fund (IMF) in its latest report named World Economic Outlook lowered Indias economic growth outlook for fiscal year 2016-17 by by one percentage point and 0.4 percentage point, respectively, due...
Australia consumer confidence edges down following pessimism over household finances
Jan 17, 2017 06:59 am UTC| Economy Commentary
After jumping to a 15-week high last week, consumer confidence edged down 0.7 percent to 119.3. This fall was driven by some deterioration in households views about their finances. Providing some offset was an...
Australia 4Q16 CPI likely to bring little comfort for RBA, data to show signs of recovery
Jan 17, 2017 06:43 am UTC| Economy Commentary
Australia 4Q16 consumer inflation is likely to bring some comfort from the Reserve bank of Australia (RBA) as prices seem to stabilise and the strong disinflationary forces are starting to abate. Headline inflation is...
FxWirePro: The Day Ahead- 17th January 2017
Jan 17, 2017 05:52 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Investment lending for homes rose by 4.9 percent, while home loans rose by 0.9...