Thailand private consumption growth likely to remain in 3-3.5 pct range in the medium-term, says DBS Bank

Jun 29, 2017 08:18 am UTC| Commentary Economy

Thailands private consumption growth is likely to run in the 3-3.5 percent range in the medium-term, below the 4.5 percent pace that is reckoned to be the current potential. Unwinding among households continues....

Oil in Global Economy Series

Oil in Global Economy Series: Oil price continues drift towards long-term average

Jun 29, 2017 06:43 am UTC| Commentary

The price of oil is in recovery mode this week, after five weeks of consecutive decline. The North American benchmark WTI is currently trading at 445 per barrel and the North Sea benchmark Brent at $2.5 per barrel premium...

JGBs slip as investors remain cautious ahead of CPI data, unemployment rate

Jun 29, 2017 06:40 am UTC| Commentary Economy

The Japanese government bonds slipped Thursday as investors remained cautious ahead of the countrys core consumer price inflation for the month of May, scheduled to be released on June 30. In addition, the unemployment...

Energy consumption composition: U.S. vs. China and India and climate debate part 1

Jun 29, 2017 06:14 am UTC| Commentary

On 1st June of 2017, U.S. President Donald Trump announced United States withdrawal from the Paris Climate Accord (PCA) portraying the deal to be an unfair one American people and American workers. There has been a furor...

New Zealand bonds close unmoved in flat trade after investors defy solid rise in business confidence

Jun 29, 2017 06:01 am UTC| Commentary Economy

The New Zealand bonds remained unnerved at the time of closing Thursday as investors remain sidelined in any major trading activity due to lack of any significant economic data. However, the solid sell-off in global bonds...

Oil in Global Economy Series

Oil in Global Economy Series: Production costs of major global producers

Jun 29, 2017 05:35 am UTC| Commentary

In commodities space, there is a saying that lower price itself is a cure for the lower price. What it basically means is that if the price drops to a point which doesnt incentivize producers to keep mining or pumping,...

BoC likely to raise overnight rate by 25bps in July, October and Q1 2018: Scotiabank

Jun 29, 2017 05:06 am UTC| Commentary Central Banks Economy

The Bank of Canada (BoC) is expected to raise its overnight rate by 25 basis points in July, 25 bps in October, and a further 25bps inQ1 2018, thereby removing the 50bps of insurance that Governor Poloz implemented in 2015...