Indonesian economy to expand at faster pace in 2018 and 2019, inflation to reach 3.9 pct in 2017 – DBS Bank

Nov 20, 2017 17:18 pm UTC| Commentary

Indonesias economic growth is expected to accelerate at a more rapid rate in 2018 and 2019, owing to favorable domestic tailwinds and possibly positive external factors, stated DBS Bank in a research report. The country...

Chinese inflation likely to come in at 1.6 pct in 2017, settle at 2 pct in medium-term - Commerzbank

Nov 20, 2017 15:40 pm UTC| Commentary

The headline inflation of China has been accelerating again since its decline at the start of 2017. According to a Commerzbank research report, the average consumer price inflation is likely to come in at 1.6 percent for...

Existing home sales unlikely to have changed in October

Nov 20, 2017 14:57 pm UTC| Commentary

Existing home sales in the U.S. had risen in the month of September following three straight months of decline. However, the continued strain from lean inventories brought the year-on-year changes into negative territory,...

Hungarian central bank likely to further ease monetary policy in November and December

Nov 20, 2017 13:54 pm UTC| Commentary

The Hungarian monetary policys additional dovish stance has come into the focus among investors to a larger degree, particularly considering that slow monetary tightening process has already begun in the U.S. and the ECB...

Fitch likely to upgrade Czech’s credit rating, Hungary to see one rating upgrade in 2018

Nov 20, 2017 13:31 pm UTC| Commentary

The Czech economys favorable development might positively impact its credit rating, according to an Erste Group Research report. Productivity-enhancing investments are underpinning strong growth, while excessively...

Thai economy expands above expectations in Q3, BoT likely to keep policy rate on hold through 2018

Nov 20, 2017 12:58 pm UTC| Commentary

The Thai economy grew above market expectations in the third quarter of this year. The GDP expanded 4.3 percent year-on-year in the September quarter. External trade continued to underpin the economic growth with total...

Commodities snapshot (precious & industrial)

Nov 20, 2017 12:16 pm UTC| Commentary

The metal pack is down today. Performance this week at a glance in chart table - Gold: Gold is down due to lack of risk aversion despite the failure of German coalition talks. Todays range $1289-1295 Gold is...