Turkish central bank likely to hike key interest rate in H1 2018 – Danske Bank

Dec 27, 2017 17:31 pm UTC| Commentary

The Turkish central bank, TCMB, had kept its key interest rate on hold at 8 percent in December, as was widely expected. Yet, the central bank hiked its late liquidity rate by 50 basis points to 12.75 percent, as inflation...

Central Bank of Russia likely to continue with moderate interest rate cuts – Danske Bank

Dec 27, 2017 16:34 pm UTC| Commentary

The Russian central bank, Central Bank of Russia, had lowered its key interest rate in December by a surprising 50 basis point to 7.75 percent, as compared with consensus expectations of a 25 basis point reduction....

Central Bank of Russia likely to continue with moderate interest rate cuts – Danske Bank

Dec 27, 2017 16:34 pm UTC| Commentary

The Russian central bank, Central Bank of Russia, had lowered its key interest rate in December by a surprising 50 basis point to 7.75 percent, as compared with consensus expectations of a 25 basis point reduction....

Finnish consumer sentiment indicator rises in December

Dec 27, 2017 14:13 pm UTC| Commentary

Finlands consumer sentiment indicator rose slightly in the month of December. The indicator rose to 24 from Novembers 23. The consumer confidence indicator in December of last year had come in at 19.5. The average for the...

Swiss private consumption likely to expand strongly in 2018

Dec 27, 2017 13:32 pm UTC| Commentary Economy

Switzerlands UBS consumption indicator came in above its long-term average in November at 1.67 points. This indicates strong consumption growth next year. Owing to strong economic growth, private consumption would likely...

USD/INR likely to fluctuate at around 64 for now – Scotiabank

Dec 27, 2017 12:46 pm UTC| Commentary

The Indian rupee has been resilient with a month-to-date rise of 0.6 percent in spite of equity outflows, which could be partially due to a flat DXY Index, noted Scotiabank in a research report. In the meantime, rising INR...

USD/INR likely to fluctuate at around 64 for now – Scotiabank

Dec 27, 2017 12:46 pm UTC| Commentary

The Indian rupee has been resilient with a month-to-date rise of 0.6 percent in spite of equity outflows, which could be partially due to a flat DXY Index, noted Scotiabank in a research report. In the meantime, rising INR...